professional development activity unit 1

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Attaining a certification as an accountant can further your career a great deal. In your previous accounting course, you learned about the process to become a Certified Public Accountant. There are several others certifications available as well in the accounting profession.

Some of the other certifications that are available to in the accounting profession are as follows:

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Certified Management Accountant (CMA)

Certified Internal Auditor (CIA)

Certified Forensic Accountant (Cr. FA)

All of these designations specialize in areas of accounting and are increasing in numbers and employment opportunities. Exploring the requirements will help you realize that accounting is a very diverse, dynamic and growing career choice.

 

View the grading rubric here for more details.

Visit the following websites:

 

Certified Management Accountant: www.imanet.org

 

Certified Internal Auditor: www.theiia.org

 

Certified Forensic Accountant: www.acfei.com/forensic_certifications/crfa/

 

 

Answer the following questions on the Professional Development Activity Discussion Board in Unit 5:

 

Questions:

 

1) What are requirements for each of the designations listed? Please be detailed in your

 

response and summarize the requirements in your own words.

 

2) What advantages do you see for each of the designations listed?

 

3) What disadvantages do you see for each of the designations listed?

 

4) What career opportunities are available for each of the designations listed? Please provide

 

specific job opportunities in each field. The following websites will assist you in your search:

 

http://www.monster.com/, http://www.careerbuilder.com/, http://hotjobs.yahoo.com/

 

5) What service(s) does each designation provide to its clients? (The clients can be internal,

 

external, or both).

 

6) What skill set is needed for each designation and how will these skills help you achieve

 

success in these fields? Please be specific and relate the skills to each designation.

 

Review the grading rubric below before beginning this activity.

 

Assignment grading rubric = 30 points

 

Assignment Requirements Points

 

possible

 

Points

 

earned by

 

student

 

1. Provides a detailed summary of the

 

requirements and services provided to

 

Internal and external clients for each

 

designation in their own words.

 

5

 

2. Shares advantages and disadvantages

 

of each designation.

 

7

 

3. Addresses the potential career

 

opportunities and shares specific jobs

 

available in each field.

 

7

 

4. Identifies the skill set needed for each 8

 

 

Professional Development Activity

 

 

Course: AC302 Unit: 01 Points: 30

 

 

 

Copyright Kaplan University

 

 

designation and the assistance such

 

skills provide to success in each field.

 

5. Writing is clear, easy to read and

 

successfully communicates the

 

effectiveness / ineffectiveness and

 

benefits / risks associated with allowing

 

companies to set up their own

 

accounting practices, polices, and

 

standards.

 

3

 

 

Total (Sum of all points) 30

 

 

Points deducted for spelling, grammar and/or

 

APA errors. Plagiarism is totally unacceptable.

 

Adjusted total points

 

 

 

 

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