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  • Essay / My interest in studying accounting and finance

    My love for accounting began in elementary school when I learned to play with numbers through addition, subtraction, multiplication and division . Coupled with my early interests in numbers and calculations, my passion for accounting and finance as a career was reinforced by the people around me. My mother, an accountant by profession, influenced my interest in accounting. She often developed my understanding of mathematical calculations by teaching me formats such as the income statement and marginal cost statement and how to formulate such documents. This sparked my interest in how businesses are run and how to run a profitable business. Motivated by my mother's omniscience in accounting matters, a career in accounting and finance seemed assured. Additionally, after spending time with my cousin who is a CFO at Trophy Foods in Toronto, he showed me the importance of analyzing previous periods and financial data, in order to build viable strategies to grow the business. business in the future.Say no. to plagiarism. Get a tailor-made essay on “Why Violent Video Games Should Not Be Banned”? Get an original essay Additionally, I had the chance to shadow a professional in an accounting and financial environment, which increased my desire to pursue a career in this field. . I later volunteered as a Café Assistant at the Leicester Royal Infirmary RVS Café, where I was responsible for stock management, petty cash and processing financial transactions through the tills. Following this, I secured a job as a Taxi Controller where I currently direct and communicate with customers and our fleet of drivers to ensure reservations are honored. Additionally, my role is to adjust prices to account for inflation during peak periods such as peak hours, while maintaining a lower rate than our competitors (surge pricing). Due to our small fleet, this role has allowed me to develop time management, planning and analytical skills, which are imperative to ensuring our company cements its reputation for being affordable and punctual. Additionally, I learned how to communicate with clients using a sophisticated attitude, which would be helpful when discussing reports with clients. Additionally, these skills would be applicable to the accounting industry to ensure deadlines are met, for example when preparing financial documents to remain compliant with International Accounting Standard 1. My interest in accounting and finance is largely part fueled by my goal of becoming a successful investor and reliable investment consultant. From my observations, although every human being desires more money, not all investors profit from their investments. In fact, the majority of investors have no idea about the accounting knowledge required. Therefore, most of them lose a significant amount of capital while only a few succeed. This group of winners is commonly referred to as smart investors and is the group I want to be a part of; those whose investment success is not defined by pure luck. The most recent impacts of political and macroeconomic turn of events, such as Brexit, have had a significant impact on the financial sector, making smart investing vital. Most investors have suffered losses and other business-related problems, hence the need for current and potential investors to acquire accounting knowledge :.