scispace - formally typeset
Search or ask a question

How hard being accountant in abm? 

Best insight from top research papers

Becoming an accountant in the field of Activity-Based Management (ABM) can present challenges due to the nature of the profession. Accountants, especially Certified Public Accountants (CPAs), may struggle with ABM projects due to their detail-oriented nature conflicting with the need for less precision and more estimation in ABM. Additionally, the accounting profession involves long hours, high pressure, lack of autonomy, and frequent changes in tasks and regulations, which can be taxing. The journey to becoming an accountant is demanding, requiring talent, diligence, and commitment, with only the toughest individuals persevering. Furthermore, professional certification exam questions, particularly in managerial accounting, are more challenging than textbook-prepared questions, adding to the difficulty accountants may face in their education and certification process. To succeed in this demanding profession, future accountants need a combination of hard and soft skills, along with training in ethics and objectivity.

Answers from top 5 papers

More filters
Papers (5)Insight
Not addressed in the paper.
Not addressed in the paper.
Becoming an accountant, especially in BCom Accounting, is challenging due to the rigorous requirements of applying high-level skills like calculations, auditing, and problem-solving throughout the four-year study.
Accountants face challenges due to high work pressure, lack of autonomy, frequent task changes, and strict regulations, making their job demanding.
Open accessJournal Article
30 Citations
Accountants find it challenging to implement Activity-Based Costing (ABC) due to their detail-oriented nature conflicting with ABC's need for less precision, leading to project difficulties.

Related Questions

What is the role of ABM (Accounting, Business Management, and Marketing) in preparing students for entrepreneurship?5 answersABM (Accounting, Business, and Management) plays a crucial role in preparing students for entrepreneurship by enhancing their entrepreneurial competencies. The ABM curriculum in Senior High School (SHS) focuses on developing students' knowledge and skills in fundamental subjects like accounting, management principles, and basic marketing, which are essential for future entrepreneurs. Research indicates that ABM SHS learners exhibit high levels of entrepreneurial attitude and intention, showing a strong desire to start their businesses. Additionally, the implementation of the ABM curriculum involves assessing instructional inputs, conduct, and outcomes to ensure quality education and student performance. Moreover, studies show that Entrepreneurial Literacy and Accounting Science significantly impact student motivation for entrepreneurship, highlighting the importance of these subjects in fostering an entrepreneurial mindset.
How does the role of an accountant in ABM differ from that in other industries?4 answersThe role of an accountant in the ABM (Accountancy, Business, and Management) field differs from that in other industries in various ways. In the ABM field, accountants play a crucial role in guiding and supporting relations between entrepreneurs and tax authorities to prevent tax evasion practices. They are also involved in measuring managerial performance, focusing on quality, cost, added economical value measurements, and customer satisfaction. Additionally, accountants in the ABM field are integral in strategic management processes, actively participating in decision-making processes within companies. Furthermore, the ABM field emphasizes the importance of learning and knowledge as foundational principles, impacting students' decision-making processes and future career paths. Overall, accountants in the ABM field have a multifaceted role that combines traditional accounting practices with strategic decision-making and performance measurement aspects.
What are the difficulty in learning on FABM in ABM?5 answersThe difficulties in learning about FABM in ABM (Activity-Based Management) stem from various factors highlighted in the research papers. Students face challenges in understanding symbols and notations, applying logical reasoning, and comprehending mathematical ideas in linear algebra classes. Additionally, the implementation of ABP (Problem-Based Learning) in educational settings can lead to issues such as excessive workload, difficult adaptation, and strained student-teacher relationships, impacting the learning process. Furthermore, the lack of empirical studies on the implementation of ABC/ABM systems results in a scarcity of critical feedback and actionable knowledge, hindering organizations from effectively adopting these approaches and impeding the dissemination of innovation in management practices. These challenges underscore the importance of addressing pedagogical, organizational, and theoretical aspects to enhance learning outcomes in ABM contexts.
What are the Challenges Faced Abm by students in accounting subject?4 answersStudents in accounting face various challenges. These challenges include difficulties in adapting to online learning, problems with unstable internet access, increased anxiety related to health and finances, language barriers for deaf students, resistance to adaptations in teaching strategies for deaf students, lack of knowledge and sensitivity regarding deafness, lack of signals to represent technical terms for deaf students, high failure rates in accounting, shortage of accounting academics, pressure of accreditation, balance between teaching and research, financial pressure, pressure in society, leading the accounting profession, role of higher education, technology and globalization, complexity in accounting, and challenges faced by accounting students during internships such as difficulty communicating, lack of social interaction, inadequate infrastructure, difficulty focusing on work, and challenges in carrying out tasks due to poor internet connection.
What are the challenges face by abm students?5 answersFirst-year MBBS students face multiple challenges in learning Anatomy, including disinterest, lack of understanding, and difficulty in recalling information. Undergraduate medical students in Bangladesh encounter institutional difficulties such as cleanliness issues, poor quality canteens, and insufficient hostel accommodations. In a massive open online course, students benefited from interactive drag-and-drop activities for problem-solving expertise, but these activities did not significantly improve performance on traditional physics problems. Organic chemistry students struggle with multistep synthesis, including recalling reactions, conceptual understanding, and problem-solving competency. Undergraduate students at one university face academic challenges such as writing, referencing, plagiarism, language barriers, and computer literacy.
How do accounting orientation affect ABM students?4 answersAccounting orientation has a significant impact on ABM students. The fundamental subjects in the ABM strand, such as accounting, management principles, and basic marketing, enhance the students' capabilities and flexibility for their future careers. The response of ABM students to difficult tasks in accounting and business management is influenced by positive emotions, engagement, relationships, meaning, and accomplishment, which shape their overall well-being and motivation. Additionally, ethical orientation plays a role in the perception of creative accounting among accounting students. Students with high religiosity and ethical orientation tend to have more ethical perceptions of creative accounting. However, the level of accounting knowledge, gender, and Machiavellianism do not significantly influence ethical perceptions in accounting students. Overall, accounting orientation and ethical considerations have a significant impact on the mindset and decision-making of ABM students, shaping their future careers and ethical practices in the field of accounting.

See what other people are reading

How does the integration of AI in management accounting and digital transformation affect the business environment of management accounting?
5 answers
The integration of AI in management accounting and digital transformation significantly impacts the business environment of management accounting by enhancing efficiency and accuracy. AI technologies, such as artificial intelligence, big data, and the internet of things, streamline tasks traditionally performed by humans, allowing for quicker and more precise data collection and organization. Digitalization within management accounting improves business models, financial functions, and decision-making processes through robotization and automation. The digital transformation in accounting and financial services, driven by AI integration, leads to more efficient processes and a better understanding of business transactions. Overall, the adoption of AI in management accounting revolutionizes operations, reduces errors, and necessitates professionals to adapt to the evolving technological landscape.
What are some of the methodological approaches used to study identity construction in sociology?
5 answers
Methodological approaches to studying identity construction in sociology encompass various frameworks. Positioning Theory is proposed as a discursive approach, analyzing how identities are constructed through discourse, as seen in the study of the Danish euro referendum. Peter L. Berger's and Pierre Bourdieu's sociological approaches delve into social interactions, power differentials, and social reality production. Rhetorical strategies are explored to understand the discursive construction of social identity, exemplified in the study of the German controller identity. Bayesian signalling game models are suggested for formalizing sociolinguistic theories, aiding in understanding how individuals use language to shape their identities within social contexts. These diverse methodological tools shed light on the complex processes involved in identity construction within sociological research.
How accounting proggrams helps in passing accounting certifications?
5 answers
Accounting programs aid in passing accounting certifications through various strategies. These include offering CPA review classes on campus, providing active teaching methodologies like Project Based Learning (PBL) through web applications, implementing non-degree programs such as Post-Baccalaureate Certificates in Accountancy, engaging students in experiential learning to develop necessary professional competencies, and adopting PBL in the classroom to enhance research skills and teamwork. These approaches help students acquire the required knowledge, skills, and competencies essential for success in accounting certifications. By focusing on practical learning, tailored support, and aligning educational practices with professional demands, accounting programs play a crucial role in preparing students to excel in accounting certifications.
Why accounting students achieve achieve success in accounting certofications?
5 answers
Accounting students achieve success in accounting certifications due to various factors. Firstly, self-efficacy beliefs play a crucial role in predicting academic success in accounting courses, as confidence in one's abilities significantly influences achievement. Additionally, the interest of accounting students in pursuing certifications is influenced by factors such as attitudes, subjective norms, perceived behavioral control, and personality type, as identified through the theory of planned behavior. Understanding the importance of certifications also impacts students' interest, with a study showing that a strong understanding positively affects their inclination to pursue accounting certifications. Moreover, support driven by factors like prior academic performance is essential for at-risk students, emphasizing the need for comprehensive assistance to ensure success in certification pursuits.
Why students achieve success in taking accounting certifications?
5 answers
Students achieve success in taking accounting certifications due to various factors. Understanding plays a crucial role in driving students' interest in obtaining accounting certifications. Additionally, academic support and prior performance, as indicated by National Senior Certificate (NSC) exams and National Benchmark Test (NBT) results, significantly influence students' success in accounting programs. Furthermore, the availability of resources and competencies, including exposure to technological advancements and other essential skills, greatly impacts students' readiness for the accounting profession. Moreover, the emphasis on obtaining professional certifications early on to enhance job prospects and career growth also motivates students to pursue accounting certifications. By considering these factors, students can increase their chances of success in obtaining accounting certifications.
How accounting students become successful in taking accounting certifications?
5 answers
Accounting students can become successful in taking accounting certifications by focusing on essential skills like critical thinking, problem-solving, teamwork, and effective communication. Understanding the importance of accounting certifications plays a crucial role in motivating students to pursue them. Factors such as attitudes, subjective norms, perceived behavioral control, and personality type also influence students' interest in becoming certified accountants. Exposure to various competencies during academic preparation, including technological advancements and other professional competencies, enhances students' readiness for the transition to the workplace. Best practices identified for improving exam success include offering CPA review classes on campus, creating study rooms, and designating faculty champions for the CPA Exam. By honing these skills and leveraging the support provided by academic programs, accounting students can increase their chances of success in obtaining accounting certifications.
What are the potential biases that can arise in the implementation of universal health coverage?
5 answers
Potential biases in the implementation of universal health coverage include misconceptions about fair contribution, the pro-poor misconception, and the misconception of cross-subsidization. Excluding custodial settings from data collection for assessing progress towards universal health coverage can lead to overestimation of achievements and mask health inequalities. Challenges in reaching the hardest-to-reach populations, such as the poorest, geographically isolated, and marginalized, can result in significant biases in achieving universal health coverage. Additionally, delays in providing care due to bureaucratic processes, as seen in a case study of a patient with acute ischemic stroke, highlight biases related to administrative inefficiencies and financial concerns. These biases can hinder the equitable delivery of healthcare services and impede progress towards universal health coverage.
What is the profile of graduates relative to: sex in financial management?
5 answers
The profile of graduates in financial management shows gender disparities. Studies indicate that female students tend to excel in financial management compared to their male counterparts. In the financial management sector, women remain a minority, with only 23% of Certified Financial Planners being women. Moreover, more executive females and senior managers exit the financial services labor market compared to males at the same levels. In a study focusing on postgraduate students specializing in finance, it was found that 55% of the sample were women, demonstrating competences in areas like financial planning and management of information technologies. Additionally, a study on Business Administration graduates revealed that the majority of Financial Management Accounting (FMA) graduates are female, single, and gainfully employed within the country.
What is the significant relationship between the academic track and the future profession?
5 answers
The academic track plays a crucial role in preparing future professionals for their careers. Research emphasizes the importance of academic education in equipping graduates with the necessary skills and knowledge for successful integration into the professional environment. Modern higher education aims to develop graduates who are not only knowledgeable but also ready to apply their skills creatively, adapt to new information, and engage in innovative activities. Additionally, the fast-changing labor market necessitates continuous reskilling and upskilling, highlighting the role of academic institutions in providing lifelong learning opportunities to meet industry demands. Therefore, a strong academic foundation, practical training, and exposure to real-world experiences through programs like internships are essential for future professionals to thrive in their chosen fields.
What is the correlation between firm size and accounting complexity among small, medium, and large enterprises?
5 answers
Firm size and accounting complexity exhibit intricate relationships across small, medium, and large enterprises. While firm size is easily quantifiable, accounting complexity poses challenges in measurement and definition. Accounting disclosures are proposed as the optimal approach to consistently capture the multifaceted nature of firm complexity, crucial for various research and practical applications. The costing literature delves into the complexity of why some companies adopt sophisticated costing systems, revealing that the impact of firm size on cost system sophistication is mediated by factors like product diversity and firm age. Contrary to prior assumptions, not all larger firms necessarily possess advanced costing systems, emphasizing the need for nuanced models to comprehend the interplay between firm size and accounting intricacies across enterprises of varying sizes.
What is boundary objects in accounting?
5 answers
Boundary objects in accounting refer to tools or artifacts that facilitate the transfer of knowledge across different organizational or functional boundaries. These objects play a crucial role in overcoming challenges related to organizational learning and knowledge management by enabling translation and communication. In the context of environmental management accounting innovation, boundary objects are instrumental in the creation of new accounting numbers and innovations. They help diverse actors collaborate effectively in shaping management accounting tools, such as the "bilan H20" water accounting tool, by enabling coordination and alignment of goals within the innovation network. Additionally, in participatory health research, boundary objects produced through arts-based methods serve as powerful tools to address health inequalities by fostering dialogue, connection, and involvement in missions for social justice.