1. Project 1

1.2. Page 3

Project 1

Project 1: Accounting Careers

 

Clerical Careers in Financial Management

 

Financial clerks work in specialized positions within the area of financial management that do not necessarily require a formal accounting designation. They are involved in recording the financial information. In contrast, the accountant is responsible for analyzing the recorded financial information to make informed decisions regarding the future of the company. Accountants and accounting clerks often work very closely together.

 

These positions vary from company to company, but all of them require the basic knowledge of financial management that you will receive in this course, together with the use of technology that you learn in your studies.

 

Some of these positions, as well as a brief description of their main duties, include the following:

 

Accounts payable clerk

Recording and making payments for money owed by the business

Accounts receivable clerk

Recording money received from customers or to be received from customers

Payroll clerk

Recording and paying payroll for the business

Receptionist with accounting skills

Answering phone inquiries, preparing correspondence, and recording a companyβ€šΓ„Γ΄s financial activities

Purchasing clerk

Ordering and recording the purchases of a business.

Bookkeeper

Recording, summarizing, and reporting the financial information of a business

 

 

Why Is This Important?

 

Picture of a young male and female looking at laptop on top of hill.

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All businesses need to keep track of the coming and going of their money. By taking financial management courses, you become prepared to apply as an entry-level accounting clerk in any type of business that may interest you. You also become prepared to begin your professional accounting career at a university or post-secondary school of your choice. It is important to understand all you can about a career when making a career choice.

 

What Do I Need To Do?

 

In the following Time to Work assignments, you will have the opportunity to investigate these careers and career paths in more detail. Continue to Time to Work to begin your exploration.

 

Time to Work

 

When you have completed these assignments, submit them to your teacher for assessment.

 

Assignment 1: Accounting Career Report

 

 

The purpose of this assignment is to explore the wide range of opportunities in accounting and where to look for these positions in your local area. Select Accounting Career Report for your assignment.

 

Assignment 2: Research Assignment

 

The purpose of this assignment is to explore where to access information regarding professional accounting designations as well as explore other accounting positions, education required, and salary ranges.

 

 

Save this in your FIN1015 Course Folder as pr1-2. This stands for Project 1, Assignment 2, and is the format used throughout this course to save your documents unless your teacher has advised otherwise. Please be sure to check with your teacher about the format to be used.

 

Select Research Exploration when you are ready to do this assignment.

 

Portfolio Submission

 

After assessment, save your assignments or a summary of your assignments in the Course Portfolio folder that you created on your desktop. The websites and information you collect could be valuable to you in the future and are used in a final presentation at the end of this course.