assignment

Financial Analysis of BHP Billiton
August 20, 2019
Career Research Report-As an Accountant with Deloitte
Executive Summary
The report deals with the evaluation of career possibility as an Accountant with Deloitte. Deloitte is one of the big Auditing Firms and has presence across the globe and caters to nearly 85% of Fortune 500 companies and 6000 private and mid-level companies. The company has five subsidiaries which function as independent entities providing different services like auditing, risk advisory, transaction analysis, and taxation. The firm is professionally managed by best professionals across the globe and the organization focuses on providing quality services, helping the clients in achieving best solutions, providing best employment and growth platform to its employees and also focuses on social growth through its various corporate social responsibility activities. The report makes a comparison of salaries of various levels in hierarchy of the firm which shows a stark difference in salaries of staff and partners. Usually for an accountant roles, CPA certification is required and for career advancements, accountants may acquire other certifications like CMA, certified Internal Audit, Systems Auditor. Working with organization which such a high reputation and which ensures strict quality and ethical standards may require an individual to put in lot of efforts. Accountants have to ensure high performance standards and client satisfaction for career enhancement and promotions. Individual performances are strictly monitored by team leaders on real time basis and strict emphasis is given on employee trainings so that he/she can perform designated work efficiently. Working in tough competitive environment to show the potential and for extended hours to meet stringent deadlines may be taxing on individuals but considering the other parameters like the quality of work performed, the career advancement possibilities, learning and development, the compensation, awards and recognitions received makes Deloitte as one of the most attractive employers for University graduates. The firm has contributed highly in professional growth and learnings across the globe and also developed Deloitte University which trains young graduates and its employees to face accounting challenges. With the rich business philosophy, hard work and strong ethics the firm has acquired tremendous respect from all corners of the world and hence it would be a matter of great pride to be associated with such an organization.
Table of Contents
Executive Summary    2
Introduction    3
Section 1-Specific Area Of employment in the Accounting Industry    3
a. Nature of work    3
b. the environment    3
c. the education, skills, training and personality traits to become successful    3
d. Average salaries    4
e. labor market outlook    4
f. related employments    4
g. typical employers    4
Section 2- Research on Deloitte    4
a. nature of employer and organization’s size-    4
b. Structure of organization    4
c. Mission or culture    4
d. Branches or subsidiaries    4
e. its clients    4
f. Nature of its services    4
f. Opportunities for promotion    4
Section 3- Typical Career Path    5
a. Entry level position and other names of entry level position    5
b. Option to take more than one path    5
c. middle and upper level positions    5
d. required qualifications    5
Section 4    5
Conclusion    5
References    5
Introduction
In order to have a contented life, a successful career plays a very important role. Selecting a career path is of paramount importance else it can have serious impact on a person’s life satisfaction and contentment. One should consider a career path according to specific area of interest. While evaluating a job the demand in the industry, growth potential in the career, income level, job stability and job availability these factors need to be carefully assessed. Before taking up any employment, the brand image, group philosophy, the work culture, the growth potential offered, nature of work to be performed, peer pressure, the impact of working in an organization on professional career needs to be carefully considered. The report evaluates the job of accountant in the Deloitte and the possibilities associated with the job.
Section 1-Specific Area of employment in the Accounting Industry
a. Nature of work
The accounting Industry offers a wide range of career choices to accountants who wish to pursue an accounting career. The accountant can engage in auditing, assurance advisory, consultancy, taxation or such accounting work. The firm services prestigious clients and hence the work would involve catering to diversified portfolio of clients across various industries thereby giving detailed exposure and insights in various laws relating to various sectors. The Firm functions across the globe and has global advisory arm dealing in cross border transactions having accounting and taxation implications in countries involved. The standard of work is high as the clients catered are big and client satisfaction is the biggest thing in service industry and hence the accountants have to put in best work.
b. the environment
The big four firms offer world-class facilities to its clients and have posh offices and provides the employees with best facilities and equipment to work on using the latest technology. Due to constant changes in accounting standards and laws and regulations, it becomes imperative for the accounting professionals to engage in continuous professional development by being updated on the changes and acquire the learnings in the professional work.
Since, the accounting and auditing work needs to be completed within a given time frame, the work pressure is high in Big Fours.
c. the education, skills, training and personality traits to become successful
In order to be successful,...