Reflective Report on Career Path of an Accountant

Introduction
The given reflective report will elaborate upon the career path of being an accountant and
help me to analyze my future through a self-reflective exercise. The report is a crucial tool which
will help me in the following ways:
First of all the given exercise will help me in the analysis of my future. I have decided to
become a professional accountant and the reflection will analyze my prospects and the different
opportunities which will come in my way in the future.
Secondly, the given practice exercise will also assist in helping me to check my
capability as an accountant and enable me to understand my suitability for the given profession
in the long run based on my personality traits.
Being a reflective practitioner is crucial as it goes a long way in helping an accountant to
analyze his observing’s and pen down what he has learnt in the dynamic field of accounting.
Understand the application of professional knowledge and skills in the workplace.
According to me the manual accounting systems may be used to complete the daily
recordings an activities relating to expenses and incomes in an accounting department. Although
the given system may be deemed to be outdated, it is extremely important to ensure that it is
prevalent in the firm as it fosters an environment of creativity and team work.
Communication has a key role to play in manual accounting as it helps different members
to interact one another while the final statements are being prepared. In the same manner, the
team work plays a crucial role in helping the different team members to come together and
discuss the different issues. Time management has a key role to play as it is reflected in
timeliness of the statements and lastly interpersonal skills come in handy during team work.
The manual system may be used in small organizations who do not want to spend a large
amount in purchasing accounting software’s.
Accounting system Advantages Disadvantages
Manual Lower costs Redundant work

Easy to maintain
Missing books
Computerized Reduces redundancy
Permanent record
Expensive in nature
Software may be complicated
Identify career pathways associated with current program of study.
For my future I would like to pursue the role of a chartered accountant. This is because of
the following reasons:
Working as a chartered accountant goes a long way in opening the doors for various
professions in different fields like that of Retails and Sales, NGOs, Aviation, Financial markets,
Entertainment as well as Sports
Furthermore, by pursuing a Chartered Accountant role I will also be able to work in
different roles which include roles like Sponsorship manager, Financial Controller, Finance
Director, Chief Financial Officer and others.
At the current point of time, it is my aspiration to become successful in the financial
realm of business. I believe that I possess the right kind of financial skills and this will assist me
in becoming a good accountant.
In case I do not possess a CA or a CPA qualification I have the given options:
 Chartered Institute of Management Accounting (CIMA)
 Chartered Financial Analyst (CFA)
 Certified Financial Planner (CFP)
 Association of Chartered Certified Accountants (ACCA)
 Financial Risk Management (FRM)
 International Financial Reporting Standards (IFRS)

Identify a variety of professional roles in the workplace and their associated
responsibilities.
In a scenario where I do not get a chance to work as a professional in the financial field, I
would like to take up the following roles:
Human Resource Professional
The HR Professional is essentially responsible for maintaining the employee relationships
in an organization and manage their pay packages and grievances. Employees form an essential
aspect of any organization and for this purpose, it becomes essentially important to have a good
HR professional in an organization.
This would be a suitable profession for me as I would be able to interact with different
people in the organization and I believe that I have good interpersonal skills which will assist me
in the given profession.
Marketing Professional
The role of a Marketing professional in an organization is to ensure that the different
activities in a firm are carried on effectively with respect to the public offering. They need to
form the marketing mix of an organization is on the shoulder of a marketing professional. Being
an adamant observer of the different relationships in the consumer market, I would be able to
assist the firm in order to make the correct offering.
Identify own strengths and weaknesses in relation to particular careers.
Internal Factors
Strengths Weaknesses
Good interpersonal skills
Good at team work
Weak attention skills
Extremely emotional