Career Action Plan and Self Reflection for Accountants

This report discusses personal analysis, career action plan, and CV for accountants. It includes a SWOT analysis, skills development plan, and qualifications. The report emphasizes the importance of skills like strategic thinking, presentation, and data analysis for accountants.

CW2- Career Action
Plan and Self-
Reflection

Table of Contents
INTRODUCTION...........................................................................................................................3
TASK...............................................................................................................................................3
Personal analysis.........................................................................................................................3
A career action plan....................................................................................................................4
CV...............................................................................................................................................6
CONCLUSION................................................................................................................................7
REFERENCES................................................................................................................................8
Books and Journals:....................................................................................................................8

INTRODUCTION
A career action plan can be acknowledged as the flexible planning document owned and
oversee by young candidates aimed to signify their advanced career development learning. This
kind of plan supports younger candidates to establish their aspirations, elucidate their actions to
realise dreams or aims, commit to participating in the planned activities. Self-reflection helps an
individual to reflect on themselves and take time to think about their present and future activities.
It helps in meditating to know where they lack or needs improvement to increase the skills or
abilities (Caputo, Fregonese and Langher, 2020). It supports in altering the behaviours, attitudes,
desires, thoughts and motivations. The present report is based upon personal analysis in which
strengths, weaknesses, opportunities and threats are identified so that a person can grow and
improve themselves to work better in the chosen field. A career action plan will be outlined to
cover and improve the relevant areas, knowledge or abilities. At the end of this report, CV will
be constructed for the chosen career.
TASK
Personal analysis.
Since I have a desire to grow myself in the domain of accountancy, I went through
several courses and studies related with the accounts and finances. These learning helped me to
gained the skills, knowledge, competencies, concepts and so forth. I have got the chance to work
in a global company where I worked and developed myself in various areas, but also I found
some deficiencies which I needed to enhance to increase performance level in the organisation.
My seniors and mentors gave me several tasks and activities, through which I have realised that
there are some knowledge, abilities or skills which I should developed. These developments or
enhancements will support me in fulfilling my dreams and aspirations in the chosen field i.e.
accountancy. In order to better carry out my job or work, a personal SWOT analysis is done so
that I can know my strengths, weaknesses, opportunities and threats.
Strengths:
 Active learning and adaptability skills: I have clearly identified that this is one of my
key skills as I am able to learn actively while adapting several new changes and
modifications that comes into my way of doing work. I am able to learn about new tools,
technology, software that are used in my regular working.

 Time-management skills: I am good at managing time and priorities through which I
can do any work on time and meet certain deadlines given by mentors and seniors. This
skill helps me analysing the work and finish it on time. In order to grow myself in
accountancy domain, managing time is very important to record data or transactions on
daily basis so that overall results can be accurate matched. This also helps in managing
work pressure in the peak time.
Weaknesses:
 Proficiency in preparing financial statement: I have realised that this is one of the
areas where I need some development as I am weak in working at MS Excel as well as
spread sheet. I am not able to record and identify data promptly. Also, this deficiency
resulted in decreased productivity and efficiency in doing work.
 Strategic thinking and presentation skills: I found that I am not good at creativity and
innovative to plan for something. This skill is needed to identify innovative solutions or
ways to problems risen in the business. Also, I need to develop this skill to maintain
accurate data and figures to know the fiscal outcomes.
Opportunities:
 Technical skills: This is the area where I see growth opportunities for me. I found that
developing technical skills helps me to conduct accounting practices in an efficient way. I
found by improving some practical knowledge will help me to operate mechanical, IT,
mathematical and scientific tasks and projects. In order to prepare financial accounts,
GST, tax returns and much more, technical skills will help me to do so even more
efficiently.
Threats:
 Data analytical skills: This is another key skill where I see some threat as I am not good
at analysing things and data. Analysing data and create proper report is important for an
accountant as they help company knowing their profit and losses.
A career action plan.
With the help of personal SWOT analysis, I have came to know about many key areas
which are important for an accountant to grow and improve so that they can work efficiently and
effectively for the organisation. A career action plan is developed below which helps in covering

important skills, knowledge or abilities so that I can evolve individually and professionally. It is
discussed underneath:
Skills, knowledge and
abilities
Importance of special
skills
Actions taken to
develop or improve
that skill
Time-scales
Strategic thinking
skills
This skill is important
to find and grab
unique opportunities in
order to evolve value
in the regular working.
I will improve this
skill by asking
strategic questions
from the seniors or
peers as it is the
simplest way of
growing this area.
Also, I will try to
observe the work of
others as how they
deal with the
situations.
7-9 months
Presentation skills This is also important
for me to have clear
and effective
presentation skill to
show my work and
ideas. Also,
developing this skill
will also help in
building my
confidence level.
I will try present only
necessary and useful
information in
presentation so that the
presentation does not
over exceeded. I will
try to makes
presentation in such a
way that grabs
listeners and viewers
attention.
1.5 months
Data analytical skills It is important for me
to develop this skill as
I will try to take
participation in
1 to 2 years

I need to analyse
various data and
information while
making justifications
and recommendations
on them. Building this
skill will help in
making informed
decisions for the
business.
strategic projects
where I can get the
opportunity work on
this skill. I will also do
regular practice as
analytical work lies in
evolving and
strengthening
analytical skills while
exercising them help
me in delivering
positive analytical
outputs.
CV
Curriculum Vitae
(Accountant)
Contact details:
abc, UK 1765
(878) 678-991122
[e-mail]
Aims of career:
The key objective is to see myself growing and evolving in my main specialisation i.e.
accountant in a well-known company. I am seeking opportunities to learn several professional
tools and techniques that are beneficial for an accountant. To evolve and develop in a good and
positive work environment for a longer period of time.
Work experience:
 I have competed my professional internship in a banking organisation.
 I have got the opportunity to learn various things related with accountancy and business
transactions.

 I have gain the experience of recording financial transactions while handling several
accounting errors to get the accurate results.
Qualifications:
 I have got my bachelors' degree in finance domain.
 Attained my master's degree in business management.
 PHD done in finance and accountancy.
Skills:
 Data analytical skills.
 Strategic thinking and presentation skills.
 Adaptability and active learning.
 Time-management skills
CONCLUSION
It has been concluded from this report that a good career action plan supports a candidate,
especially younger ones to evolve themselves in various areas. These attainments helps in
realising their dreams and aspirations to achieve something in their life. A personal SWOT
analysis reflects the strong and weak areas, along with opportunities and threats of an individual
so that they can where they good or weak at. An effective action plan is a document helps in
knowing the ways, together with times-scales to develop or improve some skills, abilities or
knowledge. CV is another important document that supports an individual to reflect their skills,
qualifications or knowledge in order to get a right job in a good company.

REFERENCES
Books and Journals:
Caputo, A., Fregonese, C. and Langher, V., 2020. Development and validation of the Dynamic
Career Scale (DCS): A psychodynamic conceptualization of career
adjustment. International Journal for Educational and Vocational Guidance, 20(2),
pp.263-292.
Cardoso, P., Savickas, M.L. and Gonçalves, M.M., 2019. Innovative moments in career
construction counseling: Proposal for an integrative model. The Career Development
Quarterly, 67(3), pp.188-204.
Hasson, G., 2019. Emotional intelligence: Managing emotions to make a positive impact on your
life and career. John Wiley & Sons.
Jemini-Gashi, L., Duraku, Z.H. and Kelmendi, K., 2021. Associations between social support,
career self-efficacy, and career indecision among youth. Current Psychology, 40(9),
pp.4691-4697.
Maalouf, F.T. and et.al., 2019. Mental health research in the Arab region: challenges and call for
action. The Lancet Psychiatry, 6(11), pp.961-966.
Maree, J.G.K., 2020. Innovating Counseling for Self-and Career Construction. Springer
International Publishing.
McCarthy, C., 2019. Discover new paths for effective collaboration with campus career center
staff, initiatives. Student Affairs Today, 21(11), pp.6-7.
Neto, O.F.C. and De Nez, E., 2020. Municipal education plan (PME): appreciation and
challenges of the teaching career. Revista Ibero-Americana de Estudos em
Educação, 15(esp 1), p.796.
Vondracek, F.W., Lerner, R.M. and Schulenberg, J.E., 2019. Career development: A life-span
developmental approach. Routledge.