Professional Development: Importance, Personal SWOT Analysis, PDP, Job Description, Code of Ethics, Reflective Diary

This report discusses the importance of professional development, personal SWOT analysis, PDP, job description, code of ethics, and reflective diary. It covers topics such as accounting, finance, management, leadership, and ethics.

Professional
Development

Table of Contents
INTRODUCTION...........................................................................................................................3
MAIN BODY...................................................................................................................................3
CONCLUSION..............................................................................................................................12
REFERENCES:.............................................................................................................................13
Books and Journals...................................................................................................................13

INTRODUCTION
Professional development is a process which assist individuals in identification of their
objectives and targets and learning different skills (Bush and et.al., 2018). These skills will
further assist in getting higher opportunities and promotion in their respective field. It is
important to refresh the skills according to the requirements of time so that individuals can
perform critical operations in effective manner. This report will include a development of
portfolio that majorly focus on the importance of professional development with the help of
applied learnings and self reflection.
MAIN BODY
Personal Statement
I have developed number of skills with the help of classes and sessions which are
provided by the lecturers. Various skills like communication, intellectual, problem solving, team
management and many more are developed with the help of regular sessions (Koonce and et.al.,
2019). During the course of accounting and financial management various parameters are
analysed by me which will be applied at practical work place. All these skills collectively assist
in preparing personality for critical situations so that goals can be achieved in appropriate
manner. I have learnt how to resolve problems by finding best suitable alternatives for them so
that professional life would become more smooth.
Effective Personal Skills Audit - Carry out the SWOT analysis of your skills set.
Strength Weaknesses
 During the course of accounting and
financial management I was good at
solving critical issues and problems
which can affect my growth.
 I have achieved higher score in my
academics which will assist in carrying
out operations in professional field.
 It was difficult for me to manage
different subjects at same time which
results in missing of deadlines of
various projects (Dyrbye, Lipscomb
and Thibault, 2020).
 It is evaluated that it was challenging
for me to perform in group activities
and projects because of lack of

coordination.
Opportunities Threats
 Development of skills will provide
various attractive opportunities related
to jobs in the field of accounting and
financial management.
 Effective knowledge in my respective
career will develop my personality in
desired manner which is best suitable
for the accounting and financial
management (Nazari and Xodabande,
2020).
 Some of my classmates possess those
skills which are more beneficial in this
field which results in higher
competition.
 Due to Covid 19 pandemic situation it
become very challenging for me to
learn essential topics on the virtual
platform.
Professional Development Plan (PDP) – Based on your personal SWOT analysis,
please produce a PDP which is an action plan.
Area of
Development
Completion
Date:
(Date I will have
this completed
by)
I will achieve
this by:
(State how will
you achieve this
target)
How will I
measure my
success? (What
will success look
like)
Future
Implications:
(Identify how
learning will
assist in future
studies and
career)
Analytical skills 10/08/22 In order to
achieve this skill I
have participated
in various
There are various
methods which
can measure the
success will
Analytical skills
can be implied
during decision
formulation and

projects which are
analysis basis.
Clear frameworks
are developed so
that knowledge
can be increased.
include online
aptitude test and
situational
judgement test
(Kullaslahti,
Ruhalahti and
Brauer, 2019).
Different
reasoning test
also assist in
measuring skills.
problem solving.
It can assist
individuals in
showing their
creativity on the
professional and
personal platform.
Time
management
skills
25/08/22 By preparing
effective
schedules of
different activities
which are
essential to carry
out. Preparing
notes based on
operations
according to their
deadlines will
assist in
achievement of
targets.
Tracking
operations on
regular basis can
help in measuring
the respective
success.
Fulfilment of
priorities assist in
analysing the
goals that they are
achieved or not in
appropriate
manner.
Time
management
should be
developed in
order to imply on
regular basis so
that delay can be
eliminated. I can
focus more on my
field by carrying
out all the
operations in
prescribed order.
Leadership skills 01/09/22 I use to practice
more discipline so
that I can lead
teams in
appropriate
This skill can be
measured by
analysing the
overall business
environment.
I can confidently
resolve various
problems by
leading teams in
particular

manner.
Resolving
different
problems and
conflicts assist in
developing
leadership skills.
Profitability of
businesses and
organisations
suggest how
much leadership
skills are
effective.
direction.
Development of
attractive
personality will
assist in future for
achievement of
goals.
Team working
skills
05/09/22 In order to
achieve this skill I
develop my
positive mindset
for exercising
together on
common projects.
Sharing
enthusiasm with
other will
effectively help in
inheriting this
skill.
The quality of
overall work
suggest how an
individual
managing their
time. Meeting
deadlines shows
how the success
can be achieved
(Ma’arif, Zuana
and Sirojuddin,
2022). I can make
effective
decisions which
shows success.
This skill will
assist in
encouraging
personal skills,
reduces stress and
increase job
satisfaction in
future which
results in
achievement of
success in future.
Presentation skills 07/09/22 This skill can be
improved by
organising speech
in front of varied
individuals. I can
use graphics,
visuals and slides
so that thoughts
By reviewing
people regarding
my presentation
skills. It can be
measured by
understanding the
fact that topics
can be delivered
It will improve
my
communication
skills which is
essential for
commencing
operations.
Creating deals

and ideas can be
shared in
appropriate
manner.
in expected
manner without
any difficulties.
and managing
projects on
regular basis will
become easier.
Weekly Schedule (Not included in the word limit) – Using a portfolio template, please make a
weekly
schedule of your daily study routine.
Time Monday Tuesday Wednesda
y
Thursday Friday Saturday
08:00:00 Wake up Wake up Wake up Wake up Wake up Wake up
09:00:00 Get ready Get ready Get ready Get ready Get ready Get ready
10:00:00 Went to
University
Went to
University
Went to
University
Went to
University
Went to
University
Went to University
11:00:00 Classes Classes Classes Classes Classes Classes
12:00:00 Break Break Break Break Break Break
13:00
:00
Classes Classes Classes Classes Classes Classes
14:00
:00
Games Other
activities
hobbies Games Other
activities
hobbies
15:00
:00
Travel to
home
Travel to
home
Travel to
home
Travel to
home
Travel to
home
Travel to home
16:00
:00
Work at
home
Work at
home
Work at
home
Work at
home
Work at
home
Work at home
17:00
:00
House
cleaning
House
cleaning
House
cleaning
House
cleaning
House
cleaning
House cleaning
18:00 Self study Self study Self study Self study Self study Self study

:00
19:00
:00
Preparing
food
Preparing
food
Preparing
food
Preparing
food
Preparing
food
Preparing food
20:00
:00
Dinner Dinner Dinner Dinner Dinner Dinner
21:00:00 Sleep time Sleep time Sleep time Sleep time Sleep time Sleep time
Job Description - Please write down the job description for the role of part-
qualified / junior accountant.
 Job Role:
Junior accountant
 Competencies:
Excellent organizing abilities, good with figures and numbers, attention to detail.
 Roles and Responsibilities:
Update accounts receivables, issue invoices, complete audits, perform closings for month end
and year end and generate reports for financial status.
 Desired Skills:
Analytical skills, adaptability, customer service, technological expertise and problem solving.
 What will you receive: Perks, benefits and salary.
Job Interview Questions – Please create five interview questions that you are likely to be
asked in your designated future role.
Q1. Why are you interested in accounting field?
Q2. What is the most favourite part of accounting?
Q3. Which software you generally use for accounting?
Q4. What are the challenges and issues of accounting field?

Q5. How can accounting process effectively developed?
Class Activity - Professional Code of Ethics – Please describe the professional code of
ethics of ACCA or CIMA.
ACCA code of ethics is responsible for involving the contribution of all the members in
ACCA practice. Students possess duty to carry out highest standard of integrity and conduct. The
reputation should be maintained by them in appropriate manner so that success can be obtained
(Othman and Ruslan, 2020). Disciplinary actions can be taken if an individual fail to comply
with code of conduct. Ethical standards should be maintained which is appointed by council.
Reflective Diary – Please prepare a reflective diary for each week by reflecting on the
theories and concepts you have learnt in this module.
Date: Week 1 – Lecture 1
Area of Learning:
What knowledge did
you receive?
What parts did you
already know?
What did you find
hard to understand?
Accounting
Knowledge regarding all the profits and losses and preparation
of balance sheet is learnt during learning.
Cost accounting and tax accounting are the areas which are
familiar parts.
It is challenging to understand about governmental accounting
as it includes number of factors which fluctuate.
Reflection:
(Detail what you
I have developed various skills related to this topic which will
assist in performing actions in practical field. I can manage the
fund flow of organisation which results in maintaining their
actual budget.

have learnt about
the topic and how
learning will assist in
future studies and
career)
Date: Week 2 – Lecture 2
Area of Learning:
What knowledge did
you receive?
What parts did you
already know?
What did you find
hard to understand?
Finance
All risk along with stability in terms of financial department are
analysed in this study.
Personal finance, corporate finance and public finance are the
parts which are already analysed.
Quantitive finance and investment management are slightly
difficult to understand.
Reflection:
(Detail what you
have learnt about
the topic and how
I have learned about different areas of finance which can assist
in managing the investment and expenditure of an organisation
in future. It will provide assistance in balancing all the cash
related operations.

learning will assist in
future studies and
career)
Date: Week 3 – Lecture 3
Area of Learning:
What knowledge did
you receive?
What parts did you
already know?
What did you find
hard to understand?
Management
Different methods are collected in order to perform operations
such as sharing, creating and managing.
Different parts which are familiar includes planning, controlling,
organising and leading.
Staffing and hiring are the most difficult part of management.
Reflection:
(Detail what you have
learnt about the topic
and how learning will
assist in future studies
The area of learning assist me in developing knowledge related
to managing different activities and operations of management
(Vázquez-Calatayud, Errasti-Ibarrondo and Choperena, 2021). I
can better manage diversified operations which results in
positive outcomes.

and career)
Date: Week 4 – Lecture 4
Area of Learning:
What knowledge did
you receive?
What parts did you
already know?
What did you find
hard to understand?
Leadership
it assist in understanding about how to influence and lead the
team of diversified members.
Understanding the behaviour is relatedly known.
Managing the diversified nature of the individuals is critical
part.
Reflection:
(Detail what you have
learnt about the topic
and how learning will
assist in future studies
and career)
It is evaluated that I can lead teams by understanding their
requirements so that goals can be achieved. This assist in
leading professional teams in future.

CONCLUSION
From the above report it can be concluded that professional development assist
individuals in working on their required skills which are essential for growth and success.
Professional credential are necessary for attainment of goals and objectives in prescribed
manner. It increase participation and collaboration of individuals in their respective field. This
report included about development of portfolio which describe significance of professional
development.

REFERENCES:
Books and Journals
Bush and et.al., 2018. Mentoring and continuing professional development. In Mentors in
schools (pp. 121-143). Routledge.
Koonce and et.al., 2019. Principal engagement in the professional development process. NASSP
Bulletin, 103(3), pp.229-252.
Dyrbye, L.N., Lipscomb, W. and Thibault, G., 2020. Redesigning the learning environment to
promote learner well-being and professional development. Academic Medicine, 95(5),
pp.674-678.
Nazari, M. and Xodabande, I., 2020. L2 teachers’ mobile-related beliefs and practices:
Contributions of a professional development initiative. Computer Assisted Language
Learning, pp.1-30.
Kullaslahti, J., Ruhalahti, S. and Brauer, S., 2019. Professional development of digital
competences: Standardised frameworks supporting evolving digital badging
practices. Журнал Сибирского федерального университета. Гуманитарные
науки, 12(2), pp.175-186.
Ma’arif, M.A., Zuana, M.M.M. and Sirojuddin, A., 2022. Improving Islamic Self-Motivation for
Professional Development (Study in Islamic Boarding Schools). In Supporting Modern
Teaching in Islamic Schools (pp. 123-134). Routledge.
Othman, A. and Ruslan, N., 2020. Intercultural communication experiences among students and
teachers: implication to in-service teacher professional development. Journal for
multicultural education.
Vázquez-Calatayud, M., Errasti-Ibarrondo, B. and Choperena, A., 2021. Nurses’ continuing
professional development: A systematic literature review. Nurse education in
practice, 50, p.102963.