It was when my father taught me the game "Cashflow 101" by Robert Kiyosaki, author of Rich Dad, Poor Dad, that I developed a keen interest in the world of finance. Through the game I was able to better understand asset and liability management and financial independence. I realized that with a thorough understanding of accounting principles and the financial world, I am capable of pursuing a career in the financial industry. So, this sparked my interest in wanting to further my accounting studies. Say no to plagiarism. Get a tailor-made essay on "Why Violent Video Games Shouldn't Be Banned"? Get an Original Essay Being a person who likes to take responsibility and be a leader, I see myself as a potential entrepreneur in the future. Personally, I believe that accounting is the language of the business world, as it reports key information to decision makers. I believe studying accounting will teach me how to obtain valuable data and provide me with the technical skills to interpret and use that information in decision making. Since I want to become my own boss in the future, I believe that earning this degree will allow me to better understand the world of business and be one step closer to launching my own business. My sister was one of my main influencers to study this course. As he is currently specializing in corporate tax at a big four firm, his work stories inspired me to pursue accounting. It made me realize that a nation's wealth lies in its ability to collect taxes in its different forms and allowed me to draw better connections between a company's decision and government revenue. Therefore, his experience piqued my curiosity to learn more about accounting at a higher level and hopefully experience it for myself. My A level subjects helped me understand more about my desired course. Economics provided the foundation for my learning of key financial concepts. For example, as I learned to interpret a country's balance of payments, I realized that it is similar to a company's balance sheet, except that the latter is at the micro level. This helps facilitate my deep understanding of real-world accounting cases. Since I have a strong inclination towards numbers, mathematics has increased my passion for problem solving. It also improved my efficiency in using various arithmetic variables, which is applicable to the analytical nature of this course. Being an avid reader of The Economist and newspapers, I kept up to date with financial news. I feel that such readings have helped me gain a deeper insight into what goes on in the financial world, which otherwise would not have been worked out in school. For example, the infamous Enron scandal and the more recent Toshiba Corporation fraud are notable examples of companies “doing the books”; they have falsified financial reports and overstated profits for years. To me, fraud is akin to theft and an injustice to the trust and confidence people have placed in you. Once this trust is broken, shareholders, investors, employees and customers not only lose faith in management but also in the entire system on which the company's foundation is built. Mismanagement of such large companies will have a significant impact on the economy and possibly devastate the lives of many. Therefore, I strongly believe in a fair and just system where corporate governance should be in place to protect the interests of the stakeholders involved. Being a firm believer in honesty and integrity, I am.
tags