MGT502 Business Environment Assessment 1: Initial Statement of Intent

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This report is a self-reflective analysis of a student's decision to pursue a Masters in Professional Accounting (MPA), and a statement of intent for the MGT502 Business Environment course. The MPA section outlines the student's motivations, career aspirations, and the perceived benefits of the program, including enhanced accounting knowledge, career advancement opportunities, and the potential for CPA certification. It also touches upon the course's demanding nature and the importance of analytical skills. The MGT502 section includes a definition of business, course selection rationale, and goal setting. The report also includes a brief overview of the micro, macro, and meso environments and stakeholders.
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Running Head: MASTERS IN PROFESSIONAL ACCOUNTING
Masters in Professional Accounting
Name of the Student:
Name of the University:
Author Note:
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1MASTERS IN PROFESSIONAL ACCOUNTING
Masters in Professional Accounting
I want to pursue with the Master in Professional Accounting as this is the advance
degree, which is advisable to pursue after the graduation degree. It will enhance my career
and provide me with the opportunity to learn the accounting in detailed manner and assist me
to achieve my goals in the future. This will help me to broaden my knowledge as I have done
graduation in accounting and this is next best step that have been taken by me to achieve the
success and to build a stable career in life.
Masters in Professional Accounting is basically available for the student who have
done graduation in accounting. This is an advance accounting degree, which is essential for
person to build their career and help them to become successful in the market (Tucker &
Lowe, 2014). This will help me to work as a professional accountant or financial professional
in future. During the course, I will get to learn about the economics as well as common
business practices that the company usually takes to expand in the market and to achieve the
success and also finance (Howieson et al., 2014). This things are important for a person to
possess the knowledge so that they can work efficiently and can earn more from the market.
The course is so demanding that seats usually fill up fast for this course as the scope
to grow in your career is quite high compare to the other professional career. The knowledge
that will be gained by me during the course will enable me to perform different types of
financial roles, which will enhance my performance and will also satisfy the organization for
whom I will be working in the future (Stancheva-Todorova, 2019). This will automatically
help me to build a successful career in the market and will fetch me higher salary, which is
essential to sustain in the growing market.
After completing the course as this will enhance my accounting knowledge and
enable me to perform different financial roles so it will provide me with the opportunity to
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2MASTERS IN PROFESSIONAL ACCOUNTING
receive certificate or the membership into the CPA organization, which will help me to
achieve my goals and dreams as this will enable me to earn more and will provide weightage
to my resume (de Vries, Jansen & van de Grift, 2013). Hence, it is essential for me to look
after the matter and apply for the course so that I can build my career in an effective way
possible and become successful in my career.
As I possess strong analytical skills in me the course will complement my skills and
help me to grow in my career and become successful in the process. This is an important step
that need to be taken so that I can experience in the real organization regarding the work
process and can analyses the ways in which the firm is operating in the market (Uyar &
Güngörmüş, 2013). This will enrich my knowledge in first place and then will provide me
with the real-time experience, which is essential for every candidates who want to build a
successful career in the future.
The cost of attending such course varies and is comparatively low compare to the
other degree and will provide you with the larger return in the future. Therefore, this career
option is considered to be effective and helpful for the candidates to become successful in
their life and to earn higher salary from the organization (Hoque, Covaleski & Gooneratne,
2013). This enables the candidates to think critically as well as analyses the situation
logically which will be helpful for the company to expand in the market and to achieve the
target what they intend to obtain in the career.
After completing the course the student will possess various option to shift and to
pursue and that provides an additional advantage to them to become successful in the market
and to gain what they want to obtain in their career. The course enables the student to work
globally and that is the main reason the income will gradually become high compare to the
students who have pursue the other courses (Peeples et al., 2014). This will also enables the
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3MASTERS IN PROFESSIONAL ACCOUNTING
student to become a chartered accounting and the demands for a chartered accountant is
comparatively high in the market. They are the people who enhance the financial condition of
the company and that is the main reason I am interested in doing this course so that I can
possess various career option and can switch from one job to the other who will provide me
with the job stability and security. Therefore, it is essential for me to become successful in
my career and build it in an effective way possible so that I can become successful in the
future. There are opportunity which will come to me after completing the course and help me
to earn more both domestically as well as globally.
In addition to this there are vital job roles which can be applied by me after
completing the course and they are chief financial officer as well as management accountant,
finance manager, forensic accountant and also business consultant or tax specialist. This are
the few things every organization requires to expand in the market and to become popular in
it (Nasim, Widarsono & Riennovita, 2016). The course will provide me with the opportunity
to learn all this things and that is the main reason which will enhance my resume and firm
will be willing to work with me in the process. This is essential for me to understand so that I
can grow in my career and expand the range of option in my career, which will be beneficial
for me to achieve the success in the future and help me to attain greater height in the process.
Lastly, it can be said that by choosing this as my career and pursue masters in
professional accounting, my career will reach to a greater height and I will be able to achieve
the target what I intended or dream to achieve in the future. This is so as I will be able to
build my career strategically and will able to do the analyses regarding the growth rate and
likewise can shift from one job to the other.
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References
de Vries, S., Jansen, E. P., & van de Grift, W. J. (2013). Profiling teachers' continuing
professional development and the relation with their beliefs about learning and
teaching. Teaching and teacher education, 33, 78-89.
Hoque, Z., Covaleski, M. A., & Gooneratne, T. N. (2013). Theoretical triangulation and
pluralism in research methods in organizational and accounting research. Accounting,
Auditing & Accountability Journal.
Howieson, B., Hancock, P., Segal, N., Kavanagh, M., Tempone, I., & Kent, J. (2014). Who
should teach what? Australian perceptions of the roles of universities and practice in
the education of professional accountants. Journal of Accounting Education, 32(3),
259-275.
Nasim, A., Widarsono, A., & Riennovita, E. (2016, August). The Opportunities and
Challenges of Islamic Accounting Learning for Vocational Students and Its
Application in Islamic Microfinance Institutions. In 2016 Global Conference on
Business, Management and Entrepreneurship. Atlantis Press.
Peeples, M. S., Werk, J. K., Tumlinson, J., Oppenheimer, B. D., Prochaska, J. X., Katz, N., &
Weinberg, D. H. (2014). A budget and accounting of metals at z 0: Results from the
COS-Halos survey. The Astrophysical Journal, 786(1), 54.
Stancheva-Todorova, E. (2019). ARE ACCOUNTING EDUCATORS READY TO
EMBRACE THE CHALLENGES OF INDUSTRY 4.0. Industry 4.0, 4(6), 309-312.
Tucker, B. P., & Lowe, A. D. (2014). Practitioners are from Mars; academics are from
Venus?. Accounting, Auditing & Accountability Journal.
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5MASTERS IN PROFESSIONAL ACCOUNTING
Uyar, A., & Güngörmüş, A. H. (2013). Perceptions and knowledge of accounting
professionals on IFRS for SMEs: Evidence from Turkey. Research in Accounting
Regulation, 25(1), 77-87.
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