Integrated Business Comminations Presentation

By: Bobby Killingsworth

Personal Summary

• Transfer Sopohmore from Abbeville, SC

• Accountancy Major • 21 years of age and youngest of

five(two brothers, two sisters)• Currently pursuing bachelor’s in

Accountancy• Future CPA

Personal Summary Continued

• What do I have to offer?• Ambition• Drive • Desire• Passion• Determination• Willpower

Personal Summary Continued

• Clear Career Plan• Planned intership at CPA Firm• Start Own Firm• Build A Legacy

Market Analysis

Conway Accountancy Annual Pay Estimations

What type of employee your target company is targeting

• The Technical Path• Industry Awareness• The All-Round Package• Audit and Compliance Skills• Product and Valuation Control• Commerciality• Communication Skills

Predictions of Future Growth

• Accountants and auditors are expected to experience much faster than average employment growth from 2008-18.

• Expected to grow by 22 percent between 2008 and 2018, which is much faster than the average for all occupations.

• About 279,400 over the projections decade

Distinguish you or your business from the competition

Skills needed to be successful accountant• Math• Details• Memorization• Research • Speaking• Writing

Strategy and Implementation

Strategic Business Plan for Killingsworth CPA & Accounting Services

Strengths, Weaknesses, Threats & Opportunities This strategic plan addresses the following key strengths, weaknesses, threats

and opportunities which apply to Killingsworth CPA & Accounting Services now and in the foreseeable future:

Strengths• Basis for strong management team• Very focused management/staff• Well-rounded and managed business• Initial services can evolve into range of offerings

Weaknesses• Overdependent on borrowings - Insufficient

cash resources • Overdependence on few key staff • Emerging new firms may move market in new

directions

Threats • New revisions and innovations may make

services obsolescent • Market may become price sensitive • Market growth could attract major

competition

Opportunities• Market is poised for rapid growth• Export markets offer great potential • Diversify into related market segments

Financial Plan

Expected Income• Chosen Profession – Accountant

• Target Company – U.S. Internal Revenue Service• Initial Summary - An Accountant working for U.S.

Internal Revenue Service earns an average salary of $67, 452 per year. For the first five to ten years in

this position, pay gradually, but any additional experience slightly has an effect on pay. A skill in

Financial Analysis is associated with high pay for this job.

Expected Annual Pay

Popular Employer Salaries for Accountant

Pricewater-house

Coopers $46K - $62K

EY (Ernst & Young) $48K -

$57K

Deloitte & Touche LLP

$54K - $64K

U.S. Internal Revenue

Service $53K - $74K

The Boeing Company

$56K - $72K

Abc Corp. $33k - $51K

Cargill $50K - $60K

Deloitte $48K - $56K

0

10000

20000

30000

40000

50000

60000

70000

80000

Medium

Expected Income/ Expenses

Works Cited • Hobbs, M., McCartha, S., Cubitt, D., Teague, M., & Holleman, A. (2012, January 1).

2012 Annual Report. Retrieved October 28, 2014, from http://www.llr.state.sc.us/POL/Accountancy/forms/BOA Annual Report_PDF.pdf

• Accountant Job Description | Salary.com. (n.d.). Accountant Job Description | Salary.com. Retrieved October 27, 2014, from

http://swz.salary.com/salarywizard/Accountant-IV-Job-Description.aspx• ACCA Careers in Accounting and Finance | Top ten tips on career skills. (2013,

January 1). Retrieved October 28, 2014, from https://www.accacareers.com/career_centre/sought-after-skills-in-accounting-

and-finance/• Accountants and Auditors - What They Do. (n.d.). Retrieved October 27, 2014,

from http://www.studentscholarships.org/salary/570/accountants_and_auditors.php?p=2

• Ury, A. (2011, June 10). Seven Skills You Need to be a Successful Accountant. Retrieved October 27, 2014, from

http://news.everest.edu/post/2011/06/seven-skills-to-be-a-successful-accountant/#.

VE8scpPF801• Accountant Salary. (n.d.). Retrieved September 23, 2014, from

http://www.payscale.com/research/US/Job=Accountant/Salary