Accounting_Ch_1.ppt - basics of accounting
- 1. Home
- 2. Glencoe Accounting Copyright © by The McGraw-Hill Companies, Inc. All rights reserved. Glencoe Accounting Copyright © by The McGraw-Hill Companies, Inc. All rights reserved. A successful career choice begins with learning about yourself. Home
- 3. Glencoe Accounting Copyright © by The McGraw-Hill Companies, Inc. All rights reserved. Describe how personal skills, values, and lifestyle goals affect career decisions. Find information about a variety of careers. Set career goals. Identify career opportunities in the accounting field. Describe the types of businesses and organizations that hire accountants. Compare for-profit businesses and not-for-profit organizations. Glencoe Accounting Copyright © by The McGraw-Hill Companies, Inc. All rights reserved. Home
- 4. Glencoe Accounting Copyright © by The McGraw-Hill Companies, Inc. All rights reserved. Exploring Careers Section 1.1 Key Terms skills values lifestyle personality personal interest tests networking Home
- 5. Glencoe Accounting Copyright © by The McGraw-Hill Companies, Inc. All rights reserved. Exploring Careers Section 1.1 Choosing a Career A career is not just work for pay and is built on foundation of interest knowledge training experience Home
- 6. Glencoe Accounting Copyright © by The McGraw-Hill Companies, Inc. All rights reserved. Assess Yourself in Terms of a Career Vision Exploring Careers Section 1.1 To help make your career choice, ask yourself these questions: What are your personal interests and skills? What are your values, and how will they affect your career? What lifestyle interests you? How will your personality affect your career choice? Home
- 7. Glencoe Accounting Copyright © by The McGraw-Hill Companies, Inc. All rights reserved. Exploring Careers Section 1.1 Assess Yourself in Terms of a Career Vision You are more likely to enjoy a career that uses your: Interests Skills Traits skills The activities that a person does well. Home
- 8. Glencoe Accounting Copyright © by The McGraw-Hill Companies, Inc. All rights reserved. Exploring Careers Section 1.1 Assess Yourself in Terms of a Career Vision Examples of Values responsibility achievement relationships compassion courage recognition values The principles a person lives by and the beliefs that are important to the person. Home
- 9. Glencoe Accounting Copyright © by The McGraw-Hill Companies, Inc. All rights reserved. Exploring Careers Section 1.1 To help determine your lifestyle goals, begin by asking yourself these questions: What is really important to you? Do you want to go for the big bucks? Do you want to live in a big city or a small town? Do you want to work in a group or by yourself? lifestyle The way a person uses time, energy, and resources. Assess Yourself in Terms of a Career Vision Home
- 10. Glencoe Accounting Copyright © by The McGraw-Hill Companies, Inc. All rights reserved. Exploring Careers Section 1.1 Assess Yourself in Terms of a Career Vision Think about your personality. Are you: Confident? Dependable? Funny? Friendly? Sympathetic? personality A set of unique qualities that makes a person different from all other people. Home
- 11. Glencoe Accounting Copyright © by The McGraw-Hill Companies, Inc. All rights reserved. Exploring Careers Section 1.1 Making Career Decisions After you have determined who you are and what you like to do, you are ready to Research career goals Set goals Home
- 12. Glencoe Accounting Copyright © by The McGraw-Hill Companies, Inc. All rights reserved. Making Career Decisions Exploring Careers Section 1.1 To help find the right career for you: Speak with a school counselor and complete a personal interest test. Make contacts by networking. Visit the library and research different careers. Search the Internet for educational and career information. Get involved in professional organizations. personal interest tests Tests that help individuals identify their preferences and match their interests to potential careers. networking Making contacts with people to share information and advice. Home
- 13. Glencoe Accounting Copyright © by The McGraw-Hill Companies, Inc. All rights reserved. Making Career Decisions Exploring Careers Section 1.1 After you have a clear vision of yourself, you should: Map out a plan to help you achieve your career goals. Seek the required education or training. Get on-the- job training. Look for internship possibilities. Home
- 14. Glencoe Accounting Copyright © by The McGraw-Hill Companies, Inc. All rights reserved. Accounting Careers: The Possibilities are Endless! Section 1.2 Key Terms accountant accounting clerk for-profit business not-for-profit organization public accounting firm audit certified public accountant (CPA) Home
- 15. Glencoe Accounting Copyright © by The McGraw-Hill Companies, Inc. All rights reserved. 1.2 Accounting Careers: The Possibilities are Endless! Section 1.2 As an accountant, you could work for Big-name businesses like Nike or Hard Rock Cafe Movie producers The Changing Horizon Well-known celebrities like Will Smith or Natalie Portman Publishers of magazines such as PC World or Sports Illustrated Home
- 16. Glencoe Accounting Copyright © by The McGraw-Hill Companies, Inc. All rights reserved. Types of Organizations There are many career opportunities for accountants in For-profit businesses Not-for-profit organizations Public accounting firms for-profit business A business that operates to earn money for its owners. not-for-profit organization An organization that operates for purposes other than making a profit. Section 1.2 Accounting Careers: The Possibilities are Endless! Home
- 17. Glencoe Accounting Copyright © by The McGraw-Hill Companies, Inc. All rights reserved. Types of Organizations Section 1.2 accounting clerk An entry-level job that can vary from specializing in one part of the system to doing a wide range of tasks. What Is an Accounting Clerk? Accounting Careers: The Possibilities are Endless! Home
- 18. Glencoe Accounting Copyright © by The McGraw-Hill Companies, Inc. All rights reserved. Types of Organizations Section 1.2 Revenues Expenses $ $ Donations Tax Dollars Accounting Careers: The Possibilities are Endless! Home
- 19. Glencoe Accounting Copyright © by The McGraw-Hill Companies, Inc. All rights reserved. Types of Organizations Section 1.2 Certified public accountants perform: Some well-known public accounting firms are: audits financial planning tax document preparation Ernst & Young Deloitte & Touche KPMG PricewaterhouseCoopers audit The review of a company’s accounting systems and financial statements to confirm that they follow generally accepted accounting principles. Public Accounting Firms Accounting Careers: The Possibilities are Endless! Home
- 20. Glencoe Accounting Copyright © by The McGraw-Hill Companies, Inc. All rights reserved. F = businesses you think are for-profit businesses N = businesses you think are not-for-profit organizations P = businesses you think are public accounting firms Question 1 Fill in the blank to identify: 6. Deloitte & Touche 1. General Motors 10. KPMG 5. Walt Disney World 9. Ernst & Young 4. PricewaterhouseCoopers 8. Boeing 3. American Lung Association 7. National Cathedral 2. MTV F F N P F P N F P P Home
- 21. Glencoe Accounting Copyright © by The McGraw-Hill Companies, Inc. All rights reserved. Question 2 List several sources within your school where you can collect career information. Possible answers include guidance counselors, print materials in the library or career center, and the Internet. Other possibilities could be guest speakers, teachers, and other staff members. Home
- 22. End of Home