Fix Development Plan
Development Plan 1
Industry Outlook
My desired path is to obtain a position in the field of accounting and auditing. I would like to make sure that they get involved in activities regarding ensuring compliance with accounting standards and taxation rules and regulations within the organization. The bureau of labor statistics has provided information regarding the fact that, there will be rise in employment outlook by 13% from year 2012 to 2022. For getting a job in the position of auditing and accounting, the individual is required to have bachelor’s degree as an entry level position for him.
I have conducted research in the applicable graduate and other programs which are likely to support me. I could move forward and obtain position of certified public accountant in the future for getting strength in my profession. There are certain institutions which can help me in obtaining the desired qualifications (Summary, n.d.). The institutions, which will help me a great deal, will include American Institute of Certified Public Accountants, Institute of Management Accountants and Institute of Internal Auditors. According to Bureau of Labor Statistics the median pay for accountants and auditors is at the level of $63350. Lowest 10% of people in this category earned $39930 and highest 10% of the individuals in this category earned more than $111510. The median annual wages for accountants in top five industries included Finance and insurance at $66530, Manufacturing at $65300, Management of Company and Enterprises at $64670, Accounting at $63910 and Government at $61490. I would expected by earnings to begin at $40000 and move up to the level of $115600 in the time to come.
Smart Goals
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Networking |
Complete various programs conducted by American Institution of Certified Public Accountants. Carry out degree course from Institute of Internal Auditors |
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Industry / Technical Skills |
I will gain expertise in the field of auditing of government organizations for obtaining job in those undertaking. |
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Cross-Cultural Awareness |
Attend cross-cultural programs conducted by International Financial Reporting Standards Board (Accountants and Auditors, n.d.). Identify the accounting and auditing system between China and the United States by participating two to three conference related to accounting and auditing. |
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Advanced Education / Professional Licensure |
Identify ten graduate level of programs in the field of accounting for obtaining better education in the field of accounting, documenting information for future need from: · CPA requirement · Tuition and costs · Application process, deadline, and acceptance rates · Internship Opportunities · Average salaries of CPA |
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Identify a Mentor |
A mentor will be identified in the field of accounting who will provide help guidance in a manner that I do not get problems in my field of education. |
References
Bureau of Labor Statistics, U.S Department of Labor. “Accounting.” 2010-2012 Occupational Outlook Handbook. http://www.bls.gov/ooh/business-and-financial/accountants-and-auditors.htm#tab-5
Summary. (n.d.). Retrieved April 22, 2014 from http://www.bls.gov/ooh/business-and-financial/accountants-and-auditors.htm