Sunday, February 23, 2020

Career & Personal Development Essay Example | Topics and Well Written Essays - 1250 words

Career & Personal Development - Essay Example One of the areas that have appeared as likely for pursuit of opportunity is human resource. The considerations for being aware of this opportunity stem from personal research through which I have noted the international dimensions of human resource and how motivating and satisfying it is. Thus, this has influenced my future career decisions as I now plan to undertake post graduate studies in peace and international law through which I will be able to take advantage of this opportunity. Decision Learning and Transition Learning Another area that is of importance to career management is decision learning, which Delgado, Phelps and Robins (2011, pp. 101-103) discuss in terms of intransitive choices and their impacts on context-dependent preferences. This is accompanied by transition learning, with the two concepts influencing my personal career ambitions/dreams, the steps I need to take towards them and the way I handle transitions in my career development. This is a continuous process, discernible in terms of transition from general education to making the decisions to specialise in law and study peace/international law in future. I realise that my decision-making and transition management skills are in need of being polished through making them more specific and strategising on how to achieve them. Analysis and Evaluation of learning undertaken The first consideration here is the knowledge I have gained about my skills, abilities, qualities and motivation about my career potential. According to Hom and Folger (2008, p. 2) analysing information about oneself is the first step of effective career management. I have learnt that I have excellent people skills from the way I have undertaken near flawless interaction with individuals during the course. This is complemented by good communication skills, both of which will play a significant role in my career advancement. I am motivated by both monetary and non-monetary factors including appreciation and recognition of efforts, job enrichment and a sense of participation alongside cordial relationships with workmates and superiors. However, commercial awareness is an area in which I was not adequately informed upon in regards to my career planning before undertaking this module. The knowledge gained from labour market input including employer, lectures and resource inputs include the importance of implementing SMART (specific, measurable, achievable, realistic and time-planned) goals and objectives. I have also gained valuable insights about strategic career planning in which planning missions is based on smart objectives which are then used to generate strategies towards meeting these objectives. Knowledge on synchronising short-term, medium and long-term goals in career planning has been indispensable, as well as use of key performance indicators (KPIs) to guide my career development (Patton and MacMahon 2001, p. 76; Coitzee and Roythorne-Jacobs 2007, p. 23). Independent research has also played a crucial part in career management learning. For instance, I was able to appreciate the importance of mentors and career champions in career development through attending fairs and visits to professional functions alongside professional discussions. I backed this knowledge through independent search in literature; for instance, gaining insight that career champions are

Friday, February 7, 2020

Forensic Accounting in Practice Research Paper Example | Topics and Well Written Essays - 1250 words

Forensic Accounting in Practice - Research Paper Example Few are discussed below (Davis, 2010). Analytical This refers to the ability of an individual to analyze and interpret current situation with respect to future strategies. This is related with other skills such as detail orientation, responsiveness etc. Analytical skills are applied to different business operations, for instance, forensic accountants are needed to analyze legal documents where analytical skills help them in identifying the fraudulent activities. Intuition Intuition is required to give value added services. This skill is mostly acquired by knowledge, learning and experiences while developing the required capabilities. However, few researchers believe that intuition stems from natural habits and personality of an individual. Intuition is needed by the forensic accountants to improve logical analysis and programmed functioning of mind. For instance, forensic accountants use intuition to make opinions regarding financial reports and also to make linkage between different activities which might give a clue to the final fraud. Team Player This relates to the ability of a professional forensic accountant to work in cooperation with others. Team players are also required to perform the managerial activities such as leading, organizing, motivating etc. The investigations against frauds going in an organization cannot be conducted without an efficient and effective team. For instance, if a team is analyzing the financial statements, trends and ratios of a firm than all the working individuals are required to have clear opinion and consensus about the conclusions. Therefore people who are not good team players cannot coordinate well in such business operations and investigations. Auditing Auditing refers to the official inspection of financial reports and statements. The auditing skill is actually acquired by learning and qualifying the necessary courses for becoming a forensic accountant. However, experience plays a vital role in the overall development of this skill. Huge corporations especially those which are on large scale revenues are needed to conduct financial survey to identify the fraudulent activities. They hire auditors for this purpose and also to ensure the transparency of finances. Research It plays an important role in almost all the business operations but for the forensic accountants it is even more crucial. This is primarily because of the extensive research and investigations required to indentify a financial culprit. Forensic accountants have to be efficient in both primary and secondary research skills to effectively utilize them in different business operations. For instance, when a fraud is identified in an organization then the past activities and financial transactions of the culprit are extensively scrutinized which require the forensic accountant to be exceptionally good at research. 2. Describe the role of a forensic accountant within a courtroom environment. Forensic accounting is getting popularity due to recent cases of fraud such as the one of Enron. The role of a forensic accountant is changing dramatically with respect to the courtroom environment. Since major part of the fraud investigations depends upon accounts therefore accountants must be able to present their view point supported with evidence in courts. These evidences are then evaluated by the lawyers, juries, attorney and judges (Stuart, 2006). Following is a brief description of forensic accountan