Howard Lapensohn delineate the changes in the accouting career

Description

Accounting firms and companies offer very different career opportunities for accounting professionals http://www.angieslist.com/companylist/us/pa/philadelphia/lapensohn-accounting-professionals,-llc-reviews-2973028.htm Howard Lapensohn LLC But whatever the structure, accounting jobs are among the most exclusive in the area of ​​career development.

There are two possibilities for career in accounting, says Deva Sabapathee, manager Opalia recruitment. First in accounting firms and also within companies. It there does not develop in the same way and there is no potential between the two junctions.

Changes in accounting expert cabinet

For assistants and accountants, we will inevitably be trained to be able to grow professionally, as different accounting designations require to pass demanding degrees. But this training can be done alternately in a cabinet. The most motivated and can go as far as accounting through a sandwich course.

For accountants, changes will be made at the stock level and wages, each firm has its own internal hierarchy, says Deva Sabapathee. An accountant can also choose to start his own firm.

Changes in a company

Companies rely on accounting firms and accountants do not have in-house experts. The accounting items are segmented as well: bookkeeper, accountant suppliers, customers accounting, payroll manager... Again, a bookkeeper can go to the post of accountant but by training. http://www.marketwatch.com/game/howard-lapensohn Lapensohn Inc success story As for accountants, they may progress to the management of a team of accountants.

DEVELOPMENTS OF THE ECONOMIC AND LEGAL ENVIRONMENT

A - OUTSOURCING

In recent years, make or buy? Has become the burning question of managers looking for flexibility. Information systems are also outsourced.
The choice of outsourcing strongly implies the life and development of the company.
Also, the project organization multiplies since it alone allows the mobilization of complementary expertise geared towards a common goal.

Outsourcing involves contracting an entire function or service to an external provider. Agreement between the two entities: corporate client and the service provider are born of mutual obligations in terms of quality of service or price.
The traditional function that are outsourced are logistics, computers, external communications, legal, payroll, track receivables, transportation or even restoration.
Accounting and finance activities are still somewhat affected by outsourcing. The financial and accounting outsourcing providers are global providers working for large companies, many start-up and a significant number of accountants serving small businesses.

Outsourcing is not always easy to implement in a company because it causes changes in management: change management, ie a redefinition of positions and functions that remain in the company or are transferred to the service provider company. Difficulties also arise at the right choice of information systems and data transfer.
Outsourcing gives flexibility, responsiveness, cost control, reduction of information by the delegation of an activity to a service provider and it provides its specialization better skill system. http://asumag.com/users/howard-lapensohn-accounting-tips Lapensohn Howard Accouting Profile The company can mobilize its resources on its core business. Cost reduction is widely recognized but outsourcing is no longer limited only to the economy, significant advantage for SMBs that outsource in general accounting activities, payroll and secretarial services. The choice of outsourcing for business is increasingly based on strategic aspects regarding large companies.

We can cite the Thomas Cook Group has chosen to outsource the same place the finance functions, payroll, IT, human resources and project deployment with implementation of a single integrated platform form (PGI). The aim was to empower employees of Thomas Cook Group performance and not have the sole motivation optimization results of their division. The telecoms giant AT & T has faced new risks management for the recovery of claims: risk of non-payment to each communication following the deregulation of the American market for telecoms. Choosing a credit specialist and recovery was a focus of business strategy: expand the supply of services to a larger number of subscribers, all at lower risk (new modes of regulation by solutions prepayment ).
A recent report on factoring (Source: Vernimmen) shows the significant increase in this practice for a decade (300% growth in sales volume). Factoring has become a means of permanent funding, rather than exceptional, activity of the company.
Companies have become more mature vis-à-vis outsourcing and are now able to operate in the future of the broader strategic outsourcing,. Now they seek by this means much strategic benefits beyond cost reduction, improved performance and service, because if the primary motivation for outsourcing is to reduce costs is to forget that the work is not only a cost but as a source of value.

It appears in a Ifop - Grant Thornton (September 2004) and in terms of outsourcing, business leaders place a premium pay (69%) and, to a lesser extent, accounts payable (36%). Followed by accounts receivable (24%), consolidation (21%), and general accounting, cost and budget (18%).

When asked about the two main benefits of outsourcing certain accounting and financial functions in their business, http://www.studentsfirst.org/page/event/detail/jt9 Howard Lapensohn Accounting Lessons a small majority cites respect of accounting, tax and social security rules (52%) and cost reduction (44%). To a lesser extent, over a quarter (28%) hold the timeliness and improving the organization. Improved internal reporting system seems to be an advantage many months convincing (15%).
Outsourcing, seems better suited to newly created or relocated or restructuring or distressed companies, and brings great satisfaction to officers who use them. As for the other leaders but rather a rigid solution temporary and expensive. Finally, among the main rétissences to outsourcing, executives surveyed cite the fear of more difficult access to internal and personnel management of the company concerned by this measure information.

B - COLLABORATE

Collect and circulate information have become key competitive factors.
From time immemorial, man has had to work as a team with others, the collaborative concept has really developed since twenty years and refers to a system of tools and solutions more or less developed that allow the company to optimize the organization of work, to disseminate data and knowledge by making it available to as many employees.
Among the most common tools include networks (intranet, extranet, internet...) and software work-sharing (word processing, spreadsheets, conferencing, chat...) that allow a large number of people interact on a common project. The use of such software is complemented by the development of database systems that optimize the dissemination and sharing of information (libraries, electronic directories, search engines, mailing lists, FAQs, forums, newsgroups etc.).
By adopting the collaborative work, the company wants to go beyond geographical boundaries and push the limits of the time, because any type of data is instantly available to all internal and external business functions. http://ireport.cnn.com/docs/DOC-1162111 Howard Lapensohn Company Developement New forms of collaboration and allow the interconnection of the various functions of the company and of improving its relations with the company's customers, suppliers and partners, with much more powerful than the telephone or fax tools. The entire volume of information becomes readily available in each and, either inside or outside the company.

These new habits that arise within companies announce a much broader concept that is the corporate network and require training for employees in the use of these new ways of working.

C - ADAPTATION TO INTERNATIONAL STANDARDS, FINANCIAL COMMUNICATION

The application of new international standards has obvious implications in reporting results on a new basis for all professionals in accounting, finance, management control, etc.
The capital of the accounting role, points to these developments in the technical (IAS and implementation of information systems), is to work with other departments of the company. He needs to go beyond his technical knowledge and communicate with others, to train them and help anticipate major changes, moving from know-how skills.

The accounting and financial services firms saw quickly change the content of their trades. The accounting education at large (financial and management accounting, audit,...) should develop, at all levels, the skills necessary to adapt the teachings leading to these careers.
This mission is important in an environment increasingly characterized by globalization, new technologies and the network organization.