#Randall L. Stephenson

[accountitans]

Accountancy: As a stepping stone towards a bright future.

 Behind every successful business is a skilled accountant. A professional who does not only keep records and produce financial reports, but also a part of the management team that is involved in strategic planning, budgeting, and control. An accountant is known to wear many business hats as they also assist in the business as a planner, economic forecaster, financial analyst, and systems analyst (Manuel, 2022).

          If you are searching for a career that’s stable, exciting, and full of opportunities, take accountancy. Let’s know why this field is a wise choice for your future:

1.    In-demand

           Financial Management is a department in an organization that drives all business. Finance professionals or accountants create strategies and carry out work that leads the business to success. With this, all industries across the world need skilled accountants.

           When things get tough in a business, they turn to accountants for help. No matter what happens in the economy, businesses need to keep track of their finances to make sure that they are still in a good position. So, being an accountant means you are always needed in a company.

          If you choose accountancy, you will be in demand and a lot of doors will be waiting for you because all companies, local or international, need an accountant. With the right qualifications, you can work internationally and conquer all over the globe.

2.      Huge Rewards

           A career in accounting comes with generous salaries and opportunities. It is a career field that is highly respected and complex. Accountants are paid well even if you are just starting. Once you gain expertise in the field, becoming a certified public accountant will boost your pay and doors to higher positions opens. A Certified Public Accountant usually reaches high five figures or even six figure salary (Tahiri, 2022). 

3.    Job Security

          When the economy struggles, businesses need skilled accountants to help them stay afloat by keeping track of finances, making smart and wise decisions, and adapting to the changes in the economy. This means you can count on a stable job, no matter what's happening in the economy.

4.    Promotion

          Accounting as a stepping stone can lead you to high mountains. The skills that you will learn like business finance and making wise decisions will set you up for success as a business leader or owner. Accountancy will hone your critical thinking skills, adaptability, problem-solving, communication, business, and analytical skills. Accountants are also trained to have characteristics such as integrity, transparency, free from bias, consistency, timeliness, relevance, and ethicality which are also great factors to becoming a leader. 

          A former CEO of Amazon, Jeff Bezos started working in an investment banking firm on Wall Street. Also, Phil Knight, CEO of Nike (former) started his career as a CPA. Randall L. Stephenson is also an example of starting from finance to becoming a CEO, he reduced the company’s debt from 30 million dollars to zero within his first three years in the company as chief financial officer. 

5.    Reliable

          Accountants are more than just professionals. They are the guardians of truth and are known for their integrity, transparency, free from bias, consistency, timeliness, relevance, and ethicality that make them shine. Being one means having these traits. Since accountants are trained to be open and honest, they are highly respected and reliable.

          So, if you're thinking about becoming an accountant, know that it's not just about numbers. It is about making the world of business full of integrity and ethicality. If you are ready to jump into the world of business, consider a career in accounting to make your journey filled with growth, challenge, and doors to a lot of opportunities. In this career, numbers add up to success.

 References:

Why choose accountancy? (n.d.). https://yourfuture.accaglobal.com/global/en/your-career/why-accountancy.html

Tahiri, A. (2022, October 17). How much do CPAs make? Investopedia. https://www.investopedia.com/articles/investing/051415/how-much-do-cpas-make.asp

C2FO. (2023, April 11). 6 Famous CEOs who started in finance - C2FO. https://c2fo.com/resources/finance-and-lending/6-famous-ceos-who-started-in-finance/#:~:text=John%20D.&text=Rockefeller's%20got%20his%20start%20in,CEO%20of%20Standard%20Oil%20Company.

[reportwire]

KKR buyout offer sends Telecom Italia shares surging 22%

KKR buyout offer sends Telecom Italia shares surging 22%

Marc Hill | Bloomberg | Getty Images Telecom Italia shares jumped more than 22% on Monday morning after U.S. private equity giant KKR launched a 10.8 billion euro ($12 billion) buyout bid for Italy’s largest phone company. The non-binding proposal values the former phone monopoly at 0.505 euros per share in cash, indicating a 45.7% premium on Friday’s closing share price, and rises to more than…

View On WordPress

#business news #Investment strategy #KKR & Co Inc #Markets #Mergers and acquisitions #Randall L. Stephenson #Telecom Italia SpA #telecommunications

[hummingzone]

Tencent second-quarter profit rises 29%, beats estimates

Tencent second-quarter profit rises 29%, beats estimates

A logo of Tencent is seen during the World Internet Conference (WIC) in Wuzhen, Zhejiang province, China, November 23, 2020. Aly Song | Reuters Chinese gaming and social media giant Tencent Holdings posted a 29% rise in second-quarter profit, a slower pace of growth after the coronavirus pandemic led to a boom in online gaming last year. Net profit for the three months through June came in at…

View On WordPress

#business news #Douyu International Holdings Ltd #earnings #HUYA Inc #Internet #markets #Randall L. Stephenson #Taiwan Semiconductor Manufacturing Co Ltd #Technology #Tencent Holdings Ltd

[enewsedition]

Nokia CEO says the global chip shortage requires ‘constant attention’

Nokia CEO says the global chip shortage requires ‘constant attention’

The ongoing global chip shortage needs to be closely monitored and supply chain visibility isn’t as good as it used to be, Nokia President and CEO Pekka Lundmark told CNBC. Lundmark, who took the top job at Nokia in September, told CNBC’s “Squawk Box Europe” Friday that the chip market is “tight” at the moment. “It’s not only telecoms. It’s automotive, it’s consumer gadgets, it’s the emerging IOT…

View On WordPress

#Autos #Business #business news #Ford Motor Co #General Motors Co #Honda Motor Co Ltd #joe biden #Nokia Oyj #Politics #Randall L. Stephenson #Samsung Electronics Co Ltd #Taiwan Semiconductor Manufacturing Co Ltd #Technology

[reportwire]

Google, Temasek, Bain report on Southeast Asia internet economy 2021

Google, Temasek, Bain report on Southeast Asia internet economy 2021

SINGAPORE – More than 75% of the population in six major Southeast Asian countries have access to the internet and a majority of them have shopped online at least once, according to a new report from Google, Temasek Holdings and Bain & Company. As many as 40 million people across Singapore, Malaysia, Indonesia, the Philippines, Vietnam and Thailand came online for the first time this year,…

View On WordPress

#Alphabet Class A #business news #Internet #Randall L. Stephenson #technology

[hummingzone]

What is a super app, and why haven't they gone global?

What is a super app, and why haven’t they gone global?

Apps were a revolutionary concept when they were first introduced. But what if instead of switching between several different mobile apps, there was a one-stop portal for most of your needs? Well, it already exists — and it’s called the “super app.” A super app allows a user to access several services from one single app. There are already many popular super apps, including China’s WeChat…

View On WordPress

#AppStore #business news #Internet #Intl Digital Video #Randall L. Stephenson #Social Media #Technology #venture capital