Assignment Sample on Professional Skills For Accountant
Introduction
Human Resource is the most significant resource of an organization which accumulates other resources and converts them into valuable output. Moreover, they are the most difficult resource for the organization to be managed. However, the assignment reflects the professional skills required while running the business. Every individual imposes certain inherent skills whereas professional skills are acquired by them. This assignment discussed in detail the type of professional skills required in order to run and manage the organization. Also, how these acquired skills should be developed during managing the business. Special emphasis has been led on the leadership, diversity, and professional ethics aspects and the skills that need to be developed to bring efficiency in these aspects. A personal SWOT analysis has also been projected in order to reflect a clear understanding regarding the strength, weaknesses, opportunities, and threats associated with the personal and acquired professional skills. Thus, it can be said that this report provides a wide and in-depth understanding of the professional skills required at the workplace and the factors which need to be considered to enhance and develop the acquired professional skills relevant to the requirements.
Task 1
Identification, and description of professional skills to be successful in the workplace
The requirement of professional skills at the different stages to the combination of soft, and hard skills that refers to helping the employee to perform their jobs at success, and well manners to career opportunities (Rios et al. 2020, pg.04). There are several professional skills that can help individuals to be successful in the workplace.
Communication Skills
Effective communication is a key skill required to be successful in any workplace. This includes the ability to convey information clearly and concisely, as well as the ability to actively listen and respond appropriately to colleagues and clients.
Time Management Skills
These are essential in the workplace. These skills involve the ability to prioritize tasks, set goals and deadlines, and effectively manage one’s time to meet these goals.
Teamwork Skills
Collaboration and teamwork are critical skills for success in the workplace (Vasanthakumari, 2019, pg.05). This includes the ability to work effectively with others, share ideas and knowledge, and contribute to a positive work environment.
Problem-Solving Skills
Being able to identify and solve problems is a valuable skill in any workplace. This involves the ability to think critically, analyze situations, and develop effective solutions to complex problems. Hence, it becomes important to the evaluation of the problems regarding the period of the harder working process (Vasanthakumari, 2019). Furthemore, the ability to adapt to change is crucial in today’s fast-paced work environment and refers to the solution to various problems. This includes the ability to be flexible and adaptable, to learn new skills and processes quickly, and to be open to new ideas and approaches.
Leadership Skills
Strong leadership skills are essential for success in many roles. These includes the ability to inspire and motivate others, set goals and objectives, and provide guidance and support to team members.
Emotional Intelligence
This refers to the ability to recognize and manage one’s own emotions, as well as the emotions of others. This skill is important in building positive relationships, managing conflicts, and fostering a productive work environment (Coffelt et al. 2019, pg.06). Overall, possessing a combination of these professional skills can help individuals to be successful in their careers and achieve their goals in the workplace.
Explanation of these skills required to be successful in the workplace
The requirement of “Emotional intelligence”, also known as EI or EQ, refers to the ability to recognize and manage one’s own emotions and the emotions of others. Developing emotional intelligence can have significant benefits in the workplace, including improved communication, better relationships with coworkers, and increased productivity and job satisfaction. Furthermore, the requirement of “problem-solving skills” at a workplace to develop “effective communication and relationship-building skills, to resolve the sudden occurrences of problems at a place” is to be presented. This can help you build strong teams and foster a positive and calm working environment. Moreover, the importance of “leadership skills”, at the workplace refers to maintaining attention to your own emotions and reactions and learning to recognize how employees affect your behavior and performance (Pang et al. 2019, pg.06). Leaders must be able to identify and solve problems effectively. This is required a systematic approach that involves “gathering information, analyzing data, and identifying solutions that address the root cause of the problem”. Furthermore, leadership is important to inspire and motivate team members to work towards shared goals.
The requirement of “Teamwork Skill”, refers to Practicing putting employees in the shoes of others and understanding their perspective. This will refer to helping communicate more effectively, build stronger relationships, and resolve conflicts more easily. Therefore, it is very important to be excellent communicators that can articulate their ideas clearly, listen actively, and give feedback constructively. Communication is a two-way process, so it’s crucial to ensure that everyone understands the message once to conveying (Paul et al. 2020, pg.08). Hence, “communication skill” is also applicable in that sense to vary the determination the set to improve the problem regarding the working process. Therefore, it is required to be capable of “delegating tasks and responsibilities” effectively. It is required to follow “communicating expectations clearly, and provide the necessary support and resources to ensure success”. Leaders must be able to identify and solve problems effectively.
Task 2
SWOT analysis
The personal SWOT analysis is a useful tool to assess your strengths, weaknesses, opportunities, and threats. It can help you identify areas where onces can improve and leverage your strengths to achieve your goals.
| Strengths
· Good time management skills · Ability to work well under pressure · Strong problem-solving skills |
Weaknesses
· Procrastination · Poor networking skills · Difficulty delegating tasks |
| Opportunities
· Attend networking events to expand professional network · Volunteer for new projects or responsibilities · Seek mentorship or coaching |
Threats
· Personal life events that may affect career trajectory · Negative self-talk or lack of confidence · Changing industry regulations |
Table 1: SWOT analysis
(Source: Self-Created)
Strengths
The implication of skill regarding to the “good time management” highly required for the efficient business management is to be required. Furthermore, the recognition of the “ability to work under pressure” makes to work in a focused manner by fulfilling all the requirements. “Strong problem-solving skills”, as to the past accomplishments might be completing a difficult project at work on time and under budget. This refers to achieving “organizational skills, attention to detail, and ability to work well under pressure” (Al-Baldawi et al. 2021, pg.05). It is also important to manage the working process at the same time to handle the team will be resolved through implementing time management skills. For example, it is notable that organizational skills and attention to detail were key factors in several of your past accomplishments. One may also enjoy working on projects that require careful planning and attention to detail based on the strength of professional skills.
Weaknesses
It is recognized that “personal life events that may affect the career trajectory” may impact at a largely to the workplace to ensure task completion of the work perfectly (Waliszewski, and Zięba-Szklarska, 2020, pg.08). Therefore, it matt puts more pressure on the working management at a workplace to the process to complete a job perfectly. Another issue regarding the concept of skill regarding the “poor connection” of the employee’s impacts on the working comfort environment. Furthemore, the implication of “Difficulty delegating tasks”, refers to the intimidation to ask questions that raise to point of quiet past experiences. For example, if any of the companies face the issue regarding the organizational skills and attention to detail to take on a leadership role in a new project at work, or to plan and organize a successful event for a community group. Therefore, one can face the issue regarding solving it as it has “Poor networking skills” with the management.
Opportunities
The recognition of various opportunities “Attending networking events to expand professional network”, makes the employee more effective towards the working management. Therefore, the employee may able to learn more about the job and make improvements for the stability of more conservation (Hallal et al. 2021, pg.04). Finally, think about the uses of the professional skills that can use your top strengths to achieve your current goals. Identify “opportunities where you can apply your strengths and build on them to achieve even greater success”. By analyzing your past accomplishments and identifying your top strengths, you can gain a better understanding of your unique abilities and use them to achieve your goals and pursue your passions.
For Example, top-level management may create opportunities that might be an improvement to organizational skills and attention to detail. It is also important to manage the working process at the same time to handle the team will be resolved through implementing time management skills.
Threats
Identification of the various threat to an employee at a workplace such as “Negative self-talk or lack of confidence”, impacting the business environment to the working process. Further, “Personal life events that may affect career trajectory”, will affect the business and employees both for the look at each accomplishment on your list and identify the specific skills and strengths that you used to achieve it (Mikhaylova et al. 2019, pg.05). Based on the “Changing industry regulations”, create issues regarding learning laws, and regulations in the changing environment at the top level of management. These issues make the employee less confident to represent him or herself to the co-workers of the different levels of management. This skill is important in building positive relationships, managing conflicts, and fostering a productive work environment
Task 3: Professional Skills
3.1 Skills required to be an effective team worker
Team or group work is one of the prime characteristics of managing the workforce in the workplace. Employees need to form groups and perform collectively in order to achieve the desired organizational goals. So, there are some skills that every team member needs to incorporate within themselves to perform efficiently in groups (Soboleva and Karavaev, 2020, p 11). Some of the skills are:
Communication: Proper communication forms the base for effective teamwork. Two-way communication is essential to make communication effective. The conversation is important at the workplace to share views and information among the team members. Open and honest communication is required to gain and develop trust among teammates. As a result, the productivity of the team enhances.
Time Management: The concept of time management is inevitable in the workplace. Being accountable and responsible to finish the work on time should be reflected in the team members. It is the responsibility of the team leader to keep track of the performance of their team members so that they meet their responsibilities within the prescribed deadlines.
Problem-solving: The team member should not merely be a puppet who acts according to the statement of its master. They should have problem-solving capacity and act out of the box in some emergency situations. Rather than giving excuses for negative circumstances, they need to focus on the solution to come out of the adverse situation (Oosthuizen, et al. 2021, p 9).
Listening: For effective leadership, communication, and listening are equally significant. A team member should be a good listener to act according to the authorities and direction provided by the leader. Moreover, for effective feedback, good listening is required. In the part of the leader also, he should be a good listener and should have an open mind to recognize and solve the issues faced by his team members. They should listen and consider another viewpoint to maintain proper superior-subordinate relationships.
Critical Thinking: The ability of critical thinking allows the team member to generate better ideas and enable more strategic decision-making. A different approach generated through critical thinking enables them to produce a new and unique ideology that proves to be more beneficial for the company.
Collaboration: Collaborative teamwork is quite challenging because of the different perceptions, attitudes, values, and cultures of the teammates. However, if managed properly, it can lead to the generation of diversified ideas and enables members to experience different perspectives and enhance their own inherited skills (Berber, et al. 2020, p 2). Collaborative work provides a better learning experience for the team members and enables them to explore new approaches which improve both individual as well as group efficiency.
Leadership: A good leader is one who establishes a strong relationship with their followers. Better leadership skills led to a good example of a mentor on whom their follower can rely, feel confident, trust, and feel secure. Proper leadership skills help the organization in managing diversified human resources which enhances the productivity and efficiency of the organization.
3.2 How to develop team working skills
Several situations arise in the workplace where individuals need to enhance their reacquired skills according to the situational requirement. Thus, teamwork skills need to be improved and upgraded to enhance one’s own efficiency as well as organizational efficiency.
- Leadership: The leader should be aware of the goals he needs to achieve and communicate them clearly to his team members. He needs to consider the goals of the individual subordinates also (Khan, and Wajidi, 2019, p 7). Every team member should be clear about their line of authority and responsibilities and they should know to whom they are accountable. Everyone should well understand their job roles and they should be provided with constant motivation by their leader.
- Diversity: The team members should be made well adaptive to changes. They should be trained to avoid restrictive approaches toward change. They should be engaged in some external activities which are not related to the organization to make the bonding and collaboration stronger. Their ideas should be appreciated so that they can actively participate in decision-making (Aldamen, et al. 2021, p 4).
- Professional ethics: In order to make the teammates ethically sound related to professionalism, they should be practiced maintaining punctuality, self-discipline, completing work within the given deadline, remaining calm and balanced even in adverse situations, and so on.
Conclusion
During the completion of the report, a well-developed and in-depth understanding of the concept “of professional skill” has been developed. Based on the above discussion, it can be concluded that well-developed professional skill is an essential requirement of a workplace. It also needs to be developed as per the situational requirement of demand. There are certain skills that need to be developed by the leader for providing effective leadership. Management should also develop certain skills to efficiently manage the conduct of the organization. The team members need to scrutinize and upgrade their skills to remain aligned with the organizational requirement. In the first task, several professional skills that are of utmost importance at the workplace have been discussed in detail. The importance of professional skill development has also been discussed in this segment. In the second task, the personal SWOT analysis has been discussed to have a better understanding of one’s own strengths, weaknesses, opportunities, and threats. In the third and final task, the professional skill required for better team management has been discussed in detail. Thus, it can be said that in the way of completion of the report, an overview idea of professional skill requirements at the workplace is being reflected.
References
Aldamen, H., Alkhateeb, H., Kercher, K., Duncan, K. And Hollindale, J., 2021. Core competencies for the global workplace: A cross-cultural and skill-based simulation project in accounting. Accounting Education, 30(4), pp.385-412.
Berber, N., Slavić, A. And Aleksić, M., 2020. Relationship between perceived teamwork effectiveness and team performance in banking sector of Serbia. Sustainability, 12(20), p.8753.
Coffelt, T.A., Grauman, D. And Smith, F.L., 2019. Employers’ perspectives on workplace communication skills: The meaning of communication skills. Business and Professional Communication Quarterly, 82(4), pp.418-439.
Hallal, K., hajjhussein, H. And Tlais, S., 2020. A quick shift from classroom to Google Classroom: SWOT analysis. Journal of Chemical Education, 97(9), pp.2806-2809.
Khan, M.R. and Wajidi, A., 2019. Role of leadership and team building in employee motivation at workplace. GMJACS, 9(1), pp.11-11.
Mikhaylova, A.G., Balynin, I.V. and Nizhneva, N.N., 2019, December. SWOT-Analysis of information technologies application to form future managers’ communicative competence. In International Scientific and Practical Conference on Digital Economy (ISCDE 2019) (pp. 912-916). Atlantis Press.
Oosthuizen, H., De Lange, P., Wilmshurst, T. And Beatson, N., 2021. Teamwork in the accounting curriculum: Stakeholder expectations, accounting students’ value proposition, and instructors’ guidance. Accounting Education, 30(2), pp.131-158.
Pang, E., Wong, M., Leung, C.H. and Coombes, J., 2019. Competencies for fresh graduates’ success at work: Perspectives of employers. Industry and Higher Education, 33(1), pp.55-65.
Paul, M., Jena, L.K. and Sahoo, K., 2020. Workplace spirituality and workforce agility: a psychological exploration among teaching professionals. Journal of religion and health, 59(1), pp.135-153.
Rios, J.A., Ling, G., Pugh, R., Becker, D. And Bacall, A., 2020. Identifying critical 21st-century skills for workplace success: A content analysis of job advertisements. Educational Researcher, 49(2), pp.80-89.
Soboleva, E.V. and Karavaev, N.L., 2020. Characteristics of the Project-Based Teamwork in the Case of Developing a Smart Application in a Digital Educational Environment. European Journal of Contemporary Education, 9(2), pp.417-433.
Vasanthakumari, S., 2019. Soft skills and its application in work place. World Journal of Advanced Research and Reviews, 3(2), pp.066-072.
Waliszewski, K. And Zięba-Szklarska, M., 2020. Robo-advisors as automated personal financial planners–SWOT analysis. Finanse i Prawo Finansowe, 3(27), pp.155-173.
Know more about UniqueSubmission’s other writing services:
