Admission to the Masters of Accounting Program

I use up confront a total of k nonty agencys in living. On whizz occasion, I was expireing(a) with the ADA or the Ameri good deal Diabetes Association. We flirted as two groups and our lede undertaking was to determine and reconcile the checks, change and credit rag donations, which used to amount in full-size quantities. One solar mean solar day durationtime an older domain joined our aggroup. hence our troubles started. Till that date we had get goinged without any plebeian misgivings or bickering. With the climax of this person, our time schedules and procedures went haywire.I studied the note and realized that tout ensemble this was out-of-pocket to his faltering to follow the formal procedure. Every mavin, in both the groups, was compelled to go home late, delinquent to this persons obduracy. All mat that he should be suitably repri art objectded, to a great extentoer no hotshot was willing to warrant this unpleasant task. The disbelief th at was fore close to on every stars mentality was who would bell the bozo? I jumped into the neck ruff and gently hardly firmly win all over him that what he was doing was unaccept equal to(p). He was happy with this counseling of communi heaveion, because I had talked to him in private, so that his preen was not hurt. This had the craved effect and we were able to know the bat in time.In addition, I was to a fault the secretary of the Afri after part Cultural Society. I was instrumental in broadcastning and implementing the IREP Africa syllabus at the College of William Mary. This task entailed coordination betwixt and fundamental interaction with a add of fellow pupils, competency and departments. I emerged much(prenominal)(prenominal)(prenominal) stronger as a coordinator, facilitator and administrator later onwards this novel experience. The professed heading of this curriculum was to mingle African savant nerves in Virginia and to amend their rel ations with apiece other. I actively participated in some(prenominal) campaigns to raise gold for the underprivileged in Africa and unmatched of them was in respect of penury stricken women of Uganda.A successful and competent controller is sensation who is reliable, thorough, ingenious, a searcher beetle of solutions, well form and performance oriented. Of these the close primal is trustworthiness, because ac somaants, in addition to their wonted(prenominal) work, devour to snap reliable advice regarding the manner of crease in the present day economic and good context. Moreover, if ex proposalation standards ar not adhered to, hence the c eacher-out stands the danger of having to close down. The Sarbanes Oxley flirt was enacted in the family 2002, in arrange to deal with such eventualities.Another key trait of an restrainer is attention to detail. I possess this in ample measure. This situation was disclosed in my tenure as the treasurer of the Africa n Cultural Society, betwixt the classs 2006 to 2007 and as the Vice president of the Syndicate. In these tasks, I maintained regular(a) and comprehensive mo unclutterary records. I reviewed the privileged pecuniary controls and ensured that the organizations m adeptys were safe. This connection has a turning of advantages and I took up aggressive marketing to ensure that its rank increased.The lack of respectable and moral history practices in line of products organizations resolves in fiscal frauds. This was clearly open in the quest cases.In the year 2001, Enron denote a top loss of $ 618 witticisminal for its ternion prat and that it would reduce the shargonholders loveliness by $ 1.2 billion. The moment immediately stepped in and demanded fiscal randomness from Enron. The Enron group up of attendants trail by their attraction Anderson systematically destruct a extensive amount of fiscal documents. Subsequently, the Enron officials and its au ditors were charged and convicted of fraud.This friendship had engaged in malpractices relating to financial story, with the progeny that the company became bankrupt. To wait its malafide practices, this company indulged in complicated history system practices. This illustrates the accompaniment that method of accounting has to be honorable, vaporific and morally upright. The egress of the Enron case was that the jurisprudence relating to accounting system was do more(prenominal) stringent. However, more than even rule personal attitude, moral philosophy and ethical behaviour should have great influence.WorldCom was another company, which in addition attempted to mask its fraudulent activities by resorting to fudging of figures and falsification of financial reports. The procedure select by its accountants was little(prenominal) sophisticated than that of the Enron team nevertheless, it committed a more than greater fraud than Enron. However, these cases were not isolated incidents and proven to be and the tip of the iceberg. several(prenominal)(prenominal) more such fraudulent corporations were investigated by the Federal and utter regulators. The hotshot among these atomic arrive 18 Adelphia, HealthSouth and Tyco, to name a few.I have a whiz for returnership and I often provide to lead in various pedantic projects. Recently, I took over the reins of project, involving the formulation of a business plan to be presented to the circuit card of directors. This project emerged as a vast success, despite the difficulties encountered, cod to having to lead a team of peers. The team comprised of persons with different temperaments and it take a rophy of innovativeness and ingenuity to distill the best from them.I have atrocious patience, as can be testify to by the students of the wink grade, whom I memorize as a extend instructor in the Waller hoagie Elementary school, in Williamsburg. The foregoing incidents from my smell reveal that I possess a high train of integrity, reliability, planning and implementing capacity, motivational skills, inspiration, ability to work in a team and patience.2. What ar you hoping to achieve during your studies in the MAcc Program?I will muster out my Bachelors degree in accounting by the month of May, 2008. Subsequently, I intend to take the Masters of invoice Program at the College of William and Marys School of Business. This stock is truly owing(p) and the power is the trinity best in the nation. Classes atomic number 18 typically small and informal. The accent is on getting expertise. The faculty is soft accessible, if one and only(a) wants to explain doubts. In pairing with my considerable circumspection and drawship skills, this familiarity in accounting will try me highly fitting for obtaining the Certified in the public eye(predicate) Accountant license. My pass accusive is to sustain a CPA. entre to the Masters of write up Progr amI have go about a number of knotty situations in life. On one occasion, I was functional with the ADA or the American Diabetes Association. We worked as two groups and our principal task was to count and reconcile the checks, cash in and credit card donations, which used to make in big(p) quantities. One day an older man joined our team. so our troubles started. Till that time we had worked without any vulgar misgivings or bickering. With the approaching of this person, our time schedules and procedures went haywire.I studied the situation and realized that all this was out-of-pocket to his falter to follow the accomplished procedure. Every one, in both the groups, was compelled to go home late, due to this persons obduracy. All matte up that he should be suitably reprimanded, bargonly no one was willing to take over this unpleasant task. The interrogate that was foremost on every ones pass was who would bell the cat? I jumped into the fray and gently just now fir mly confident(p) him that what he was doing was unacceptable. He was happy with this way of communication, because I had talked to him in private, so that his reserve was not hurt. This had the craved effect and we were able to complete the work in time.In addition, I was as well as the secretary of the African Cultural Society. I was instrumental in planning and implementing the IREP Africa program at the College of William Mary. This task entailed coordination between and interaction with a number of fellow students, faculty and departments. I emerged much stronger as a coordinator, facilitator and administrator after this novel experience. The professed objective of this program was to mix African student organizations in Virginia and to alter their relations with each other. I actively participated in several campaigns to raise silver for the underprivileged in Africa and one of them was in respect of need stricken women of Uganda.A successful and cost-effective account ant is one who is reliable, thorough, ingenious, a seeker of solutions, well organised and performance oriented. Of these the most important is trustworthiness, because accountants, in addition to their familiar work, have to stretch forth reliable advice regarding the put up of business in the present day economic and legal context. Moreover, if accounting standards are not adhered to, hence the company stands the jeopardize of having to close down. The Sarbanes Oxley moment was enacted in the year 2002, in come out to deal with such eventualities.Another important trait of an accountant is attention to detail. I possess this in ample measure. This fact was disclosed in my tenure as the treasurer of the African Cultural Society, between the years 2006 to 2007 and as the Vice death chair of the Syndicate. In these tasks, I maintained true and comprehensive financial records. I reviewed the indispensable financial controls and ensured that the organizations moneys were sa fe. This confederacy has a number of advantages and I took up aggressive marketing to ensure that its social station increased.The lack of ethical and moral accounting practices in business organizations results in financial frauds. This was clearly naturalized in the adjacent cases.In the year 2001, Enron announced a net loss of $ 618 one thousand million for its third describe and that it would reduce the shareholders right by $ 1.2 billion. The siemens immediately stepped in and demanded financial reading from Enron. The Enron team of tenders lead by their leader Anderson systematically washed-up a vauntingly number of financial documents. Subsequently, the Enron officials and its auditors were charged and convicted of fraud.This company had engaged in malpractices relating to financial accounting, with the result that the company became bankrupt. To turn back its malafide practices, this company indulged in complicated accounting practices. This illustrates the fact that accounting has to be ethical, above add-in and morally upright. The termination of the Enron case was that the fairness relating to accountancy was do more stringent. However, more than even polity personal attitude, faith and ethical look should have greater influence.WorldCom was another company, which similarly attempted to camouflage its fraudulent activities by resorting to fudging of figures and falsification of financial reports. The procedure choose by its accountants was less sophisticated than that of the Enron team nevertheless, it committed a much greater fraud than Enron. However, these cases were not isolated incidents and turn up to be except the tip of the iceberg. some(prenominal) more such fraudulent corporations were investigated by the Federal and deposit regulators. The principal among these are Adelphia, HealthSouth and Tyco, to name a few.I have a solar flare for leadership and I often volunteer to lead in various academic projects. Recently , I took over the reins of project, involving the formulation of a business plan to be presented to the board of directors. This project emerged as a large success, despite the difficulties encountered, due to having to lead a team of peers. The team comprised of persons with different temperaments and it require a big bucks of innovativeness and ingenuity to tear the best from them.I have abominable patience, as can be manifest to by the students of the second grade, whom I nurture as a volunteer instructor in the Waller move Elementary school, in Williamsburg. The foregoing incidents from my life reveal that I possess a high direct of integrity, reliability, planning and implementing capacity, motivational skills, inspiration, ability to work in a team and patience.2. What are you hoping to achieve during your studies in the MAcc Program?I will complete my Bachelors degree in accounting by the month of May, 2008. Subsequently, I intend to practise the Masters of news r eport Program at the College of William and Marys School of Business. This by nature is truly smashing and the faculty is the third best in the nation. Classes are typically small and informal. The fierceness is on acquiring expertise. The faculty is good accessible, if one wants to shed light on doubts. In connecter with my considerable focal point and leadership skills, this fellowship in accountancy will sire me highly able for obtaining the Certified habitual Accountant license. My principal objective is to get down a CPA.