5 Essential Traits for Accounting Professionals
- Motivation and Commitment
- Strong Ethical Standards
- Attention to Detail
- Methodical and Organized
- Desire for Self-Improvement
- accountability
- determination
- perfectionism
1. Motivation and Commitment
Many accounting professionals love doing what they do, but it’s no secret that not all projects or jobs in the field offer thrill and excitement. Accountants need to be able to see the big picture even as they deliberate over each detail. Their role is absolutely essential in virtually every industry. The well-being of entire organizations can hinge on the quality of their work. That means even on monotonous or familiar tasks CPAs need to maintain their:- motivation
- focus
- commitment.
2. Strong Ethical Standards
In accounting, there is no substitute for ethical standards. CPAs are expected to adhere to all the best practices and ethical codes of the profession. They also adhere to applicable laws and regulations. Acting unethically can expose practitioners to disciplinary action by relevant professional organizations. This includes a permanent or temporary revocation of licensing. Unethical practice may also result in civil or criminal legal action, which can have disastrous consequences.3. Attention to Detail
Meticulous attention to detail isn’t a requirement in every job, but it’s indispensable when working with numbers. Even small mistakes can cause serious issues for an employer or client. CPAs who value their reputation always triple-check their work. Accountants should never take anything for granted. They should always be willing to check the source or accuracy of information that doesn’t make sense.4. Methodical and Organized
Even though each state in the US has its own laws and processes for certifying accountants, they all use the same exam and adhere to common standards. Reporting and bookkeeping standards aren’t the only way to organize financial information, but they are the accepted and popular way. CPAs are expected to work according to these practices. This is done so that other parties, like executives or auditors, can readily access and use the information. Related Resource: 30 Best Online Bachelor’s in Accounting5. Desire for Self-Improvement
There are many layers to the accounting profession. Not everyone working in the field wants to build on their career by seeking certification. However, those who do need to foster a desire for learning and self-improvement. While the exact requirements for becoming a CPA depend on state governments, all applicants are expected to pass a lengthy exam. According to the Association of International Certified Professional Accountants the exam covers:- auditing
- business concepts
- reporting
- regulations
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