Skills You NEED for Accounting

  Рет қаралды 81,071

WolvesAndFinance

WolvesAndFinance

Күн бұрын

Пікірлер: 140
@simonskura5676
@simonskura5676 5 жыл бұрын
Not mentioned: Fishing Hunting Magic Cooking Massage Therapy Weight lifting Ancient Latin Etc.
@satyam.shiivam
@satyam.shiivam 4 жыл бұрын
LMAO. I was thinking same thing....you are right in addition to his LONG list of jobs, your list is important to understand to be an "Accountant." LMAO
@AmitSharma-qh4kk
@AmitSharma-qh4kk 4 жыл бұрын
LOL
@mrabiram9483
@mrabiram9483 4 жыл бұрын
LOL
@seonhannie444
@seonhannie444 6 жыл бұрын
Is it just me or does he look like hawkeye from avengers
@KEP1983
@KEP1983 5 жыл бұрын
I thought the same thing
@OEB__94
@OEB__94 5 жыл бұрын
He does
@itsrrf
@itsrrf 5 жыл бұрын
Hawkeye avenger
@Global_Analysis
@Global_Analysis 4 жыл бұрын
The avenger who defeat others from taxes
@DiogoSpideyG12
@DiogoSpideyG12 4 жыл бұрын
Is it not him?
@hamidmerouchi3735
@hamidmerouchi3735 4 жыл бұрын
I understand you very well because my level is poor in English however. This is the first step. To learn English from you, your brother from Algeria Thank you for the information you provide
@lalomtz8939
@lalomtz8939 6 жыл бұрын
I think you forgot foreign languages, sometimes it is a plus within any enterprise, because at this moment we are dealing with the globalization process and international trade. We may consider speak to another language, because it will allow you to get best-paid jobs, it will help you to open your mind at any kind of culture and learn much kind of things and best practices in accounting from other people around the world. I recently graduated in accounting in México and I'm also learning english, it is nice to hear people like you that helps me to develop this skill, I know that you are not an English teacher, but I've learned new vocabulary with you. I apologize for my bad english. Best regards from México. 😁
@WolvesAndFinance
@WolvesAndFinance 6 жыл бұрын
That is a really good point. Foreign languages are a very valuable skill to have in today's job market. Thank you for watching!
@RunOs3
@RunOs3 5 жыл бұрын
Probably one of the best videos on KZbin. So much value.
@WolvesAndFinance
@WolvesAndFinance 5 жыл бұрын
Thank you for watching!
@aestheticaffairs
@aestheticaffairs 7 жыл бұрын
I loved this video. I’m in accounting with no degree yet, and this gives me a great guideline on some key topics to study in the meantime! Thank you
@WolvesAndFinance
@WolvesAndFinance 7 жыл бұрын
Thank you for watching. Good luck on getting your degree!
@aminaishfaq1597
@aminaishfaq1597 4 жыл бұрын
Hi
@charlesmdaniel
@charlesmdaniel 4 жыл бұрын
Very insightful and a huge help. As an accounting major, I see how being aware of these skill sets will give you a leg up in the competitive landscape. Great video, Zach!
@zainabyahiya9851
@zainabyahiya9851 4 жыл бұрын
There are about 12 of the list that we are thought in our university and am thankful for that and their are like the generals that should every person know nowadays since they become essential like computer, public speaking, geography, politics and so ... I appreciate your effort for making this valuable video, keep it up.
@vilesh8543
@vilesh8543 6 жыл бұрын
You have justified by putting art last in the list/links by simply connecting endless list of skills that looked least needful at first. That itself is creative. Thank you. From goa India.
@WolvesAndFinance
@WolvesAndFinance 6 жыл бұрын
Thank you for watching!
@MrVpassenheim
@MrVpassenheim 6 жыл бұрын
Basically, know just about everything. lol
@WolvesAndFinance
@WolvesAndFinance 6 жыл бұрын
Thanks for watching!
@MrVpassenheim
@MrVpassenheim 6 жыл бұрын
You're a credit to your profession. Thanks for the videos.
@BuddyNovinski
@BuddyNovinski 6 жыл бұрын
This is encouraging, for my experience with H&R Block has been helpful in tandem with my Penn State MBA. I definitely agree that everyone must learn sales! It's much better to know sales to cope with "overqualified". I agree with public speaking as well, for I am a Toastmaster since 1996. I concentrated in operations in the MBA. When I was unemployed, I even took courses in machine operations, jobs that beg for workers. Once again, my degrees scared off the employers. So, it's back toward some of the mentioned topics I haven't covered.
@WolvesAndFinance
@WolvesAndFinance 6 жыл бұрын
Thanks for the comment. I like your approach. It is definitely helpful the more skills you can bring to a job to create tremendous value.
@donworland
@donworland 3 жыл бұрын
THANK YOU.....I'm getting old, I understand too much but I don't know how to put it into a system of metrics and you accountants make sense. I needed to hear that about Visual Basic for Excel, I was wondering about that specific subject. Your videos really helped on a low day, when I looked at my open tabs and accounting text and sighed, thank you. Take care, subbed.
@krisannecajano9684
@krisannecajano9684 4 жыл бұрын
Oh boy... I have to be a well rounded person to be great at this... I'm glad i ran into your video sir.. My productive way to learn new skills....🤓👍 your newest subscriber here....
@curtindocomoits6025
@curtindocomoits6025 4 жыл бұрын
my goal is to Become a Account ...congratulations for the tips..
@SagarBhau0
@SagarBhau0 4 жыл бұрын
Rip English
@dean7525
@dean7525 3 жыл бұрын
@@SagarBhau0 🤣🤣🤣
@AdmnDoersolutions
@AdmnDoersolutions Жыл бұрын
Thanks for the beautiful insight. I am a success in Accounts. For this has really added alot.
@tayeolusesan6752
@tayeolusesan6752 3 жыл бұрын
Thank you so much for this value-packed video.
@Queenbelieveit
@Queenbelieveit 4 жыл бұрын
Thanks, I am updating my resume soon and you gave great tips!
@cactyystotementertainmentl9247
@cactyystotementertainmentl9247 6 жыл бұрын
Accounting Defined as "the action or process of keeping financial accounts". This list, past Finance, is done. Your job as an accountant is to record business transactions in an orderly manner. The managers of the business will handle Supply Chains, Business Strategy, and worry about Organizational Behavior. As a matter of fact, a whole department called Human Resources Management would do that. Yes, laws and regulations are important, those that are on laws that deal with accounting such as GAAP rules, IRS rules, and SEC Rules. It's a general rule in Accounting to keep Politics out!! It keeps the books honest when you do this. Since when is Excel considered Computer Programming? The list from Science thru Art is not required either. When is the last time you applied for an Accounting job and you are asked, "In addition to your excellent accounting skills, how is your art skills"? If it was your job to do all these "SKILLS" in a job you would never get anything done. Your job as an accountant is to Debit (DR) the DR's and Credit (CR) the CR's, and process the tax forms, generate the financial statements for manages to do the rest of the skills on this list.
@satyam.shiivam
@satyam.shiivam 4 жыл бұрын
I CANNOT AGREE ANY MORE ON THIS. ON THE DOT. YESSSS. :)
@patrickbrinsfield5152
@patrickbrinsfield5152 7 жыл бұрын
Love the videos. I appreciate your insight. I’ll be heading to college in the fall, after my enlistment in the Marine Corps. You just reaffirmed my hunch to double major in accounting and finance!
@WolvesAndFinance
@WolvesAndFinance 7 жыл бұрын
Thank you for watching! Good luck in the Marines and your college work!
@dabrack9350
@dabrack9350 Жыл бұрын
Patrick I wish you well but offer my forecast. Almost all routine jobs from medical records management to lawyers and to accounting are scheduled for AI replacement. And it might happen in just a couple of years. Firms that now employ 40 accountants will find 2 are enough if they automate collection of data (point of sale, meter reading, any job that uses a form they can scan directly in the database) or any job that amounts to a decision tree like medical diagnosis or auto repair diagnosis. Do some research before deciding.
@virtualreality1705
@virtualreality1705 5 жыл бұрын
You forgot Quantum mechanics and String Theory, Dark Matter, astronomy, neurosurgery, voodoo, black magic, astrology, almost no accountant knows about these subjects. They must learn these skills because almost no accountant is aware of these subjects.😎😎😝🙆🙆😛😛😜😂😂😂
@satyam.shiivam
@satyam.shiivam 4 жыл бұрын
LMAO LOVE IT....HAHAHAHAHA
@satyam.shiivam
@satyam.shiivam 4 жыл бұрын
So I have to know following items to be a good accountant. Please tell me more things I NEED to know to be a Great accountant. Accounting knowledge, Audit, Tax, Corporate accounting, Ethics, Finance, Sales, Marketing, Social Media, Public Relations, Public Speaking, Business Strategy, Operations, Supply chain, Economics, Organizational Behavior, Human Resources, Information Technology, Business Law, Laws & Regulations, Politics, Geography, Computers, Computer Programming, Engineering, Science, Math, Psychology, Anthropology, History, Art, English, Vocabs, MS Excel, Furniture making for my office, how to make blinds for my windows, etc.
@tehminaamjad112
@tehminaamjad112 4 жыл бұрын
Thanks for sharing your knowledge such a great video and also help in my accounts job
@moisemadarwon3040
@moisemadarwon3040 5 жыл бұрын
Thank you for this video, so you means an accountant needs all of these huge knowledge
@nirjarnhs
@nirjarnhs 6 жыл бұрын
In a nutshell, go to University and you will get every skills he mentioned in this video
@estyanike
@estyanike 2 жыл бұрын
Awesome insights! Thank you so much. Esther
@raymeester7883
@raymeester7883 6 жыл бұрын
I love the video. But, it leads to a bigger question. How do you manage time and resources to achieve and develop these skills sets?
@WolvesAndFinance
@WolvesAndFinance 6 жыл бұрын
Great question. I'm afraid I don't have the answer for that one. Lol. Thanks for watching!
@Dakid015
@Dakid015 6 жыл бұрын
I have an answer. Go to a four year college.
@stevenmalley7566
@stevenmalley7566 5 жыл бұрын
You don’t. You could have a general knowledge of these skill sets but to become an expert at all of these isn’t realistic.
@adventureswithsuzanna5667
@adventureswithsuzanna5667 Жыл бұрын
Very helpful video, thank you for the info
@msmoneyboss2532
@msmoneyboss2532 5 жыл бұрын
accounting is difficult but with a lot of patience, you can get through with this.
@WolvesAndFinance
@WolvesAndFinance 5 жыл бұрын
Thanks for watching!
@onegabriel192
@onegabriel192 5 жыл бұрын
ZACH DE GREGORIO, CPA, thanks for the in-depth knowledge you're sharing. please in the video which part of history did you say we study on. Didn't get you right on that
@winniechan7451
@winniechan7451 6 жыл бұрын
Can't believe math is so end of the great long list!!😂
@WolvesAndFinance
@WolvesAndFinance 6 жыл бұрын
LOL Thank you for watching!
@satyam.shiivam
@satyam.shiivam 4 жыл бұрын
LMAO
@mansamusa6505
@mansamusa6505 4 жыл бұрын
Nice video. I hope you make others.
@ivanvincent770
@ivanvincent770 5 жыл бұрын
In conclusion: All skills that are needed in professional environment.
@ua-freedom
@ua-freedom 4 жыл бұрын
Amazing video! Thanks
@margaretcezar1109
@margaretcezar1109 6 жыл бұрын
Hi Zach. You mentioned about learning programming such as visual basic for excel. And recently, I also heard about Accountants needing to learn Python. What do you think about this? Thanks.
@WolvesAndFinance
@WolvesAndFinance 6 жыл бұрын
Any computer education is helpful, but in accounting I would not say that Python is as useful as VBA programming. On a practical level, you have to deal with Excel spreadsheets that use VBA macros all the time. If you understand the programming, it makes your life a lot easier.
@margaretcezar1109
@margaretcezar1109 6 жыл бұрын
@@WolvesAndFinance Thanks a lot Zach.
@getcanopy
@getcanopy 6 жыл бұрын
Thanks for the tips Zach! It was great to hear your insight and experience. Keep it up!
@WolvesAndFinance
@WolvesAndFinance 6 жыл бұрын
Thank you for watching!
@tic1tac2toe
@tic1tac2toe 5 жыл бұрын
Would you consider yourself an accountant over a business owner or a business owner that knows Accounting
@sandrodeoliveira6776
@sandrodeoliveira6776 4 жыл бұрын
If you are an accountant working under a business owner you are working under a corporation . If you are a business owner who knows accounting you are a Entrepreneur.
@mauriceholden9238
@mauriceholden9238 3 жыл бұрын
Can I double major in Accounting and Finances?
@samiiraosmanabukar8170
@samiiraosmanabukar8170 4 жыл бұрын
Thankfully your mentions💯
@mukhtarhajji7265
@mukhtarhajji7265 4 жыл бұрын
Samiira wn kusalamaya
@diana-tp3oy
@diana-tp3oy 7 жыл бұрын
Great thorough video! Thank you for making it! 👍
@WolvesAndFinance
@WolvesAndFinance 7 жыл бұрын
Thank you for watching!
@hurricane0885
@hurricane0885 4 жыл бұрын
How did you learn how to program
@prathmeshdhurat
@prathmeshdhurat Жыл бұрын
My question is after learning so much is it gives you peace of mind??
@msexcel7982
@msexcel7982 4 жыл бұрын
in short, this Video is how to become a Consistent Profitable Trader or Investor .........if I know all he mentions on the list I don't need to become an accountant .... I want to become Consistent Profitable Trader
@folashadeakpokiere6138
@folashadeakpokiere6138 3 жыл бұрын
thank you!
@abduljaleel7357
@abduljaleel7357 4 жыл бұрын
Good informative
@rubenalvarado3571
@rubenalvarado3571 6 жыл бұрын
Great video keep up the good work !!!!!
@WolvesAndFinance
@WolvesAndFinance 6 жыл бұрын
Thank you for watching!
@mahibandmanal
@mahibandmanal 4 жыл бұрын
World for an accountant !
@abdelhakimessaadi9577
@abdelhakimessaadi9577 7 жыл бұрын
Hey. Do you think non american can work in accounting and finance field (i am from Middle East)
@WolvesAndFinance
@WolvesAndFinance 7 жыл бұрын
I am not familiar with the job market outside the United States, but if you look on job websites, you can find accounting jobs all over the world. Thank you for watching!
@yodonome1116
@yodonome1116 5 жыл бұрын
Very helpful video man !
@WolvesAndFinance
@WolvesAndFinance 5 жыл бұрын
Thank you for watching!
@ziauddin1389
@ziauddin1389 2 жыл бұрын
With that skills one should be able to run their own accounting firm
@itsrrf
@itsrrf 5 жыл бұрын
Hawkeye avenger
@renithraj4133
@renithraj4133 5 жыл бұрын
great video sir thank you
@WolvesAndFinance
@WolvesAndFinance 5 жыл бұрын
Thanks for watching!
@nithinkamineni9392
@nithinkamineni9392 4 жыл бұрын
The people who want to know about accounting for your future Company
@TheConanwarrior
@TheConanwarrior 4 жыл бұрын
Easy, you just need to be a superhuman. Thanks god I'm fond to art lol
@satyam.shiivam
@satyam.shiivam 4 жыл бұрын
I totally agree. LMAO
@bangtantvremix2030
@bangtantvremix2030 5 жыл бұрын
Thank you so much .. ..
@WolvesAndFinance
@WolvesAndFinance 5 жыл бұрын
Thank you for watching!
@bangtantvremix2030
@bangtantvremix2030 5 жыл бұрын
I have learnt a lot from you .. I should have thanked you sir 👏👏
@FarewellAphrodite
@FarewellAphrodite 5 жыл бұрын
Incredible list! Impressively long Lol
@WolvesAndFinance
@WolvesAndFinance 5 жыл бұрын
Thank you for watching!
@satyam.shiivam
@satyam.shiivam 4 жыл бұрын
Yes indeed. LMAO
@businessboss8308
@businessboss8308 5 жыл бұрын
Thank you
@WolvesAndFinance
@WolvesAndFinance 5 жыл бұрын
Thank you for watching!
@ismailabdullah6264
@ismailabdullah6264 4 жыл бұрын
What you mean combetter and thanks for nice vidio
@michaelbowen3351
@michaelbowen3351 3 жыл бұрын
Was ready to give a thumbs down and a major review but he FINALLY mentioned computer programming to the level of task automation. The reality is, the accounting industry DOES not care about its employees, just reference the 80's when the Apple 2 came out and when any software came out by Intuit. They all refused to encourage and facilitate software capabilities and instead pushed learning how to perform manual tasks "faster" and large percentages of devote employees lost their jobs because it does not matter if you have a CPA license and 5+ years of experience if 1 person can do 3 times the work output that you can. Concepts are just the bread to a sandwich, technical capability is the meat and vegetables. Who would you draft to your weekly basketball pick up game, a physicist with a mostly useless Ph.D and not coordination or a guy who can actually run, dribble, shoot, and pass the ball so others can score when that is the RIGHT decision for the team? Its a no brainer. But even today in 2021 the AICPA's CEO Brian M and most universities STILL do not include the querying and programming languages needed to be able to perform accounting tasks at a rate that will allow one to get their work finished quickly and without human error much less practical experience using the productivity software designed to perform accounting activities which companies WILL NOT hire you if you do not have experience using because they themselves can barely use it. All business functions should simply switch to teaching "data analytics" and have the concentration be a slight flavor of business that the student wants like accounting, finance, marketing, etc. Because the reality is, it does not matter if you got a 3.5+ gpa in college and participated in accounting society events, you will not be able to get a job in audit if someone else's productivity in verifying and auditing accounts is 1000:1 against you. If you are spending 70 hours manually auditing and I am finishing up the same work in 30 hours, I have 40 more hours a week that I can spend learning the specific concepts needed to become more valuable to the market. A business professional without task automation programming skills is like a carpenter/contractor/interior house remodeler who can't use power tools, you simply will not be able to output enough to get a job. Yes accounting will always need a person to review and make decisions but if your firm has 100 associates and 30 of them can do the work that the 100 non-programming associates do, then YOU are out of a job, or wont be able to find one if you are graduating from school. Many accounting partners and managers STILL to this day do not value programming and are following suit with their 80s counterparts by not transitioning their workforce; the people that they were put in charge to protect, mentor, and develop, and over the next 5 years the available jobs in accounting will again be reduced. The accounting field and the business field itsself is becoming a smaller and smaller portion of the needed skills yet the business industry and universities are doing NOTHING to adapt. Take a detour on a bachelors, or a masters, or the CPA exam, and instead learn a SQL dialect, python, and a data visualization application Like Power BI, Tableau, Qlicsence, etc for 8 months and learn to be able to ACTUALLY perform ETL on data, create scripts/programs for repetitive tasks, and present it all in a form that the STEM incompetent managers, MBA's and Chief Officers can understand and with 5 years of experience you can replace those toxic people in your company and get on to doing what we all came here to do...business.
@tayeolusesan6752
@tayeolusesan6752 3 жыл бұрын
Apt! Thank you Michael Bowen
@tayeolusesan6752
@tayeolusesan6752 3 жыл бұрын
I will like to have a discussion with you personally. Please how can I reach you?
@ijazalishah7417
@ijazalishah7417 6 жыл бұрын
Great job
@WolvesAndFinance
@WolvesAndFinance 6 жыл бұрын
Thank you for watching!
@raymontapang3876
@raymontapang3876 6 жыл бұрын
We would like to ask your permission for us to use your video in our website, We'll assure you that this website is for educational purposes only.
@NKSMotivationalSpeaker
@NKSMotivationalSpeaker 5 жыл бұрын
very very nice thanks video
@WolvesAndFinance
@WolvesAndFinance 5 жыл бұрын
Thank you for watching!
@leulsegedmelaku5715
@leulsegedmelaku5715 5 жыл бұрын
Thank You!!!!
@WolvesAndFinance
@WolvesAndFinance 5 жыл бұрын
Thank you for watching!
@ajinjacob5092
@ajinjacob5092 5 жыл бұрын
Why do you smile like homelander from 'the boys' ?
@shahzar5878
@shahzar5878 4 жыл бұрын
i got scared at first.
@grandtheftbitcoin
@grandtheftbitcoin 3 жыл бұрын
also theology is good to know
@Dakid015
@Dakid015 6 жыл бұрын
Basically, enroll in college.
@hugogarcia2283
@hugogarcia2283 5 жыл бұрын
Dakid015 LoL this is a funny comment. What makes it funny is that for a joke to be funny, the joke itself must carry some truth; and the truth is that he is giving us a structure to be more familiar with the world. I am revisiting this video to map out the world at a glance
@kunaljarwani746
@kunaljarwani746 5 жыл бұрын
Thankyou so so much sir 🙏🤗😍👏💗💕
@WolvesAndFinance
@WolvesAndFinance 5 жыл бұрын
Thanks for watching!
@kevinhatchwork8811
@kevinhatchwork8811 2 жыл бұрын
a major skill you missed was a sense of humor.
@infonation101
@infonation101 5 жыл бұрын
Nice one
@WolvesAndFinance
@WolvesAndFinance 5 жыл бұрын
Thanks for watching!
@Global_Analysis
@Global_Analysis 4 жыл бұрын
That looks more like a CFO profile
@Sandwichplss
@Sandwichplss 6 жыл бұрын
Something about his smile is a little oppressive. P.S Watch at 1.5x speed.
@lukehe4412
@lukehe4412 6 жыл бұрын
Sandwichplss how to watch it at 1.5 speed ?
@user-qd5bz4tt2k
@user-qd5bz4tt2k 6 жыл бұрын
@@lukehe4412 Its from the sitting.
@vikrammastud6018
@vikrammastud6018 6 жыл бұрын
Please give subtitles
@jbarcenas9926
@jbarcenas9926 3 жыл бұрын
Hello hawkeye
@nghockhin3589
@nghockhin3589 4 ай бұрын
Donald J. Trump needs you to be his accountant, looking after money in treasury.
@ArianaBerkeley
@ArianaBerkeley 4 жыл бұрын
Very long winded video, should be a lot shorter. Really it should be a 10-15 minute video about the basics of becoming an accountant.
@jeytube970
@jeytube970 4 жыл бұрын
Biro
@businessboss8308
@businessboss8308 5 жыл бұрын
hElpful video
@italoarellanoruiz8157
@italoarellanoruiz8157 2 жыл бұрын
you need to be God
@Mudig
@Mudig 5 жыл бұрын
i need to know all of this just to make $60k a year? No thx.
@senjuebro
@senjuebro 4 жыл бұрын
My aunts friend makes 100k a year on average, dont count it out just yet
@DavDaJa
@DavDaJa 5 жыл бұрын
What was the point of this if you were just going to list EVERYTHING that it takes to be in business?! This literally applies to everyone. Downvote from me
@abduljaleel7357
@abduljaleel7357 4 жыл бұрын
Good informative
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