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Accounting 1
Self Reflection Methods
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Self-reflection
In my profession of accounting a person should have the skill of auditing, bookkeeping
and financial analysis. In the accounting occupation one must attain a certified accountants
certificate for one to practice his skill. I am a certified accountant with skills in the field of
auditing and bookkeeping and I qualified to be an accountant within a period of five years where
I studied accounting and finance at the university. Auditing and bookkeeping are important
activities used to track the financial records of organizations while bookkeeping is an activity
used to analyze the books of accounts of any organization (Sevigny 2006). These skills help me
in achieving my main goal of owning an accountancy firm in a few years time, my passion in
accounting has enabled me to focus on my goals by using my skills in auditing and bookkeeping
to learn the necessary skills needed in achieving my goals (Jones 2005). When I was undertaking
a self reflection of my skills and abilities, I expressed the qualities I posses using missions,
visions and values statements as outlined below:
Personal Mission
My core purpose in the next 1 to 3 years is to develop competencies in the accounting field. My
focus is not only developing my professional competency but also enhancing the ethics that
creates complete professional qualification. The type of person that I will like to be in my
professional career is an efficient, ethical and competent professional accountant. I believe in
developing my professional qualifications to the highest level possible. I believe in the maxim
that knowledge is power and consequently I would love to develop my skills to empower myself
knowledgeable in my career and in my personal development.
I believe in the existence of truth and justice for every person, because the truth enhances work
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Accounting 3
ethics (Blair 2004). Ethics is the core value which enriches our professional work and our
company work.
By pulling together we make the world better, everybody in my judgment has a duty of helping
each other and unity in undertaking their duties. I plan to involve myself in community
empowerment using my skills and qualifications.
The best lessons in life are learnt through experience, since learning involves practical and
theoretical perspective, I will thrive to learn from other peoples mistakes in order to minimize
my own mistakes that are inevitable in the process of career building (Clarke 2010). I will thus
optimize my learning experience through practical experience in accounting field and application
of my accounting theoretical background.
I will endeavor to positively accept other peoples criticisms in building my career as I believe
that their contribution is of essence in my personal growth as an accountant (Blair 2004).
Vision Statement
To become a leading Certified Accountant in the field of accounting and be proficient
through recognition of all the relevant bodies in accounting. I intend to attain the highest
qualification in the accounting field (Sevigny 2006).
To attain the role of a leading partner in a leading accountancy firm. I relish the
opportunity of being a leader in an accountancy firm and I believe my contribution will
be enormous in expanding the field of accounting (Regal 2007).
With my qualifications as a graduate with Bachelors in Accounting coupled with my
determination and ambition, I am empowered enough to make a living and self
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satisfaction from my skills and qualifications within a period of around 5 years (Wright
2009).
By means of my hard work and accounting prowess, I am sure to rise through the ladder
in the accounting profession and be able to form my own accounting firm within the
period of 5-7 years that will provide accounting services within and outside my country.
I plan to build partnerships with other accountants in order to offer pro-bone services,
being part of the society; I have a duty to give back to the society in the spirit of
collective responsibility (Csank 2006).
Values statement
I believe and work through determination since it gives me the strength to endure and
pursue my goals and objectives in life. Determination will be my steering basis through
the challenges of life.
Keeping faith, I trust in observance of faith since faith keeps the fire burning in my
pursuit for greatness in life. Faith helps in taking each day as it unfolds and preparing
oneself for the unexpected (Blair 2004).
I believe in the value of truth, I strongly acknowledge the position of building trust by use
of truth. In standing for truth I will be answering to the call of being truthful as it is the
only way of enhancing competence in my professional career (Wright 2009).
Understand the value of perseverance; perseverance bears the fruit of winners. Through
perseverance we overcome small challenges and trails in life and keeping the imperative
focus in achieving the ultimate goal.
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Accounting 5
Team work is a value that I believe in, I believe that sharing academic information with
your peers helps in getting more concept of the task and both in academics and in our
every day life. Team work will thus play a critical role in enhancing my career in
accounting field.
As clearly emphasized, my values will enhance my career development since they are the
core ideologies of my life. In essence, being ethical, truthful, determined, incorporating
team work and enhancing perseverance are some of my un-negotiable values that I live
and breathe.
Personal Development Plan
Techniques to be used in the Professional development plan
Brainstorming
This requires a discussion of professionals in the accounting field to generate credible ideas
that will assist in understanding the goals that I need to attain and the exploring channels and
avenues for achieving them. This includes listening to already established professional
accountants and leaning from their experience and ideas about the market.
Mind-mapping
This is basically a diagram that represents words and ideas about the goals that I need to
achieve in a period of 5-10 years. The diagram will assist me to visualize and to generate proper
structures that I need to follow to become a certified accountant and to be among the best in my
profession. It will also help me arrange my ideas according to the order of priorities and will be a
constant reminder of the steps I need to follow to get to my goal.
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Mind Mapping Diagram
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0002000000000000000000000000000000f6090000e40c0000d800000017010000000000000000
0000000000005c4b030068430400160000000c000000180000000a000000100000000000000000
00000009000000100000003408000021050000520000007001000001000000d2ffffff000000000
000000000000000900100000000000004400022430061006c00690062007200690000000000000
00000000000000000000000000000000000000000000000000000000000000000000000000000
00000000000000001d00f0a91d001000000054ad1d00d4aa1d005251946654ad1d004caa1d00100
00000bcab1d0038ad1d002451946654ad1d004caa1d00200000004964a1674caa1d0054ad1d0020
000000ffffffff0c047300d064a167ffffffffffff0180ffff01804fff0180ffffffff006b010000080000000
8000022b6976701000000000000002c01000025000000372e90010000020f0502020204030204ff
0200e1ffac004009000000000000009f01000000000000430061006c00690062007200000000000
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105000050000000200000001b00000046000000280000001c0000004744494302000000ffffffffff
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Accounting 7
ffffff3508000021050000000000004600000014000000080000004744494303000000250000000c
0000000e000080250000000c0000000e0000800e00000014000000000000001000000014000000
0400000003010800050000000b0200000000050000000c023b01f801040000002e0118001c0000
00fb02f5ff0000000000009001000000000440002243616c6962726900000000000000000000000
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000
SWOT analysis
The SWOT analysis will be the key to the future success of my career. Examining my
strengths which include hard work and determination will assist me focus on them and overcome
my weaknesses. The opportunities in the accounting career are enormous hence I need to take
advantage of the good environment and establish myself and company and help me stabilize in
the market and minimize competition from other accountants.
As a young profession in the field of accounting, there are various goals that I must
accomplish to reap the full benefits of my career. It is my intention to complete my CPA in the
next two years and to be officially a certified public accountant. This is a requirement for all
accountants besides giving me a competitive edge in my career and higher prospects of getting
employed in an established Accounting firm in the short term. A recent survey found out that
majority of the established corporations view CPA as very vital and an important consideration
when employing accountants. Working in an established accounting firm will help me gain a lot
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of knowledge and experience in this field and contribute significantly in building my career.
To be employed in an established accounting firm will put me in a privileged position
because I will be able to earn a living as well as developing my career. Accounting field is one of
the most paying careers in the modern world. Within the first year, accountants can make over
fifty thousand dollars which is much higher than professional careers can offer (Edwards 2008).
All these will go a long way in ensuring I live a quality life, enable me to create wealth and be
independent.
With a Bachelors degree in Accounting and CPA, I expect to climb the corporate ladder in
a period of between 5-7 years. My leadership skills will enable me assume a managerial position
in an established accounting firm and this will further boost my career as well as strengthening
my credentials (Gaylord 2006). My values of hard work, dedication and team work will be my
guide to get recognition through substantial contribution to the firm. As a manager I will gain
experience and understand fully how the industry operates and I will work to be among the best
certified accountants that the country has to offer, this will place me in a more strategic position
with respect to the market.
With vast experience in the accounting field as a manager, I expect to build my own
accounting firm which is my ultimate goal. I aim to employ the best certified accountants in the
country who will make my firm to grow and through my leadership credentials I will be able to
build the careers of many accountants. I expect the firm to be in a strategic position and be able
to compete with other firms in this information age in acquiring substantial market share.
Lastly, given the ever growing impact of globalization, my firm seeks to strategies to take
advantage of globalization and leverage on it in order to expand its boundaries beyond our
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Accounting 9
geographical limitation. Given that there is an ever increasing need or demand for accountants
and accounting services in the world, there is a clear market that requires exploitation. In this
sense, I will leverage Information Technology to my firms business process and organizational
structure in order to align them to achieve sustainability and continuous development.
Conclusion
The accounting profession is one of the most recognized and respected careers which
provide employment for many individuals and offers good pay for professionals. They perform a
broad range of accounting duties including auditing tax for government corporations, businesses
and non-government organizations and individuals. This is why it is my career of choice and
hope to benefit from the qualities it has to offer. My professional qualifications will also be vital
in developing my future firm and ensuring that it develops to achieve its visions and missions in
the ever increasing globalization.
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References
Blair, G R 2004,Personal Mission Statement: Defining Your Life's Purpose, GoalsGuy Learning
Systems, California.
Blair, G R 2004, Personal Value Statements: Writing Your Personal Operating System,
GoalsGuy Learning Systems, California.
Clarke, G 2010, The Vision Statement, Matthias Media, Cologne.
Csank, P 2006, Self-reflection: Its impact on self-concept clarity and affect, Concordia
University, London.
Edwards, H 2008, Managerial AccountingFreeload Press, London.
Gaylord, G L, & Reid, G E 2006, Careers in Accounting, McGraw-Hill Professional, Mississippi
Jones, L 2005, The path: Creating your mission statement for work and for life, Hyperion Books,
New York.
Regal, S 2007, Vision Statement, Lulu.com, New Delhi.
Sevigny, L, Pugh K & Burgess, T 2006, The Personal Vision Workbook, Cengage Learning,
Austin.
Wright, R 2009,Achieving Your Life Mission, Cedar Fort, Boston.