Reflection Report on Application of Professional Knowledge and Skills in Accountancy

Reflection Report

Table of Contents
Introduction................................................................................................................................3
Application of professional knowledge and skills in the workplace..........................................3
Career Pathways.........................................................................................................................4
Variety of professional roles......................................................................................................5
Strengths and Weaknesses.........................................................................................................5
Legal and ethical responsibilities...............................................................................................6
Conclusion..................................................................................................................................6
Bibliography...............................................................................................................................8

Introduction
Reflective learning helps a learner to gain a better and deep understanding of a topic. With
the help of self-reflection, a learner is able to increase the level of focus and concentration as
he or she goes through the article, in order to collect relevant information through minimum
readings of the article. Another major benefit of self reflection is that it helps the learner to
clearly differentiate between the context and situation and on the basis of this, the learner is
able to examine between his feelings and responses. These are the two most important
qualities of a good learner (Kaveti, 2018).
Being a reflective practitioner is very important in any profession as it helps a learner to
become professional of that specific profession. Same is the case with accountant reflective
practitioners who, with the help of self reflection will be able to gain deep knowledge about
the subject. With the help of reflective learning, the learner will be able to understand
different types of accountancy problems and the best possible solutions adopted by accounts
expert. The critical and creative thinking skills are established in the learner with the help of
reflective learning (McGuigan & Kern, 2009).
Application of professional knowledge and skills in the workplace
In order to implement manual accounting system within the accounting department, it is
important to develop necessary journals and ledgers for the respective accounts being used by
a company (Shanker, 2017). In order to implement this, it is important to have a team and
communicate them the necessary steps to be taken. After the selection of team, the delegation
of authority and responsibility is undertaken that clarifies what needs to be done and by
whom, as it is very important in managing manual accounting system. Effective
communication as well as using the interpersonal skills like emotional intelligence helps to
make the team members understand the importance of the adoption of system as well as what