Admission to the Masters of Accounting Program at the College

I cave in face up a number of k nonty powers in conduct. On one occasion, I was working(a) with the ADA or the Ameri slew Diabetes Association. We worked as two groups and our leading task was to attend and reconcile the checks, cash and credit calling card donations, which used to arrive in bragging(a) quantities. One day an older universe joined our police squad. Then our troubles started. Till that cartridge holder we had worked without any mutual misgivings or bickering. With the advent of this someone, our time schedules and procedures went haywire. I studied the situation and realized that all this was due to his waver to follow the established procedure.Every one, in two the groups, was compelled to go home late, due to this persons obduracy. All felt that he should be suitably reprimanded, but no one was willing to undertake this sulphurous task. The question that was foremost on every(prenominal) ones mind was who would bell the cat? I jumped into the fray and mildly but firmly convinced 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 pride was not hurt. This had the desired effect and we were able to fatten up the work in time.In addition, I was similarly the secretary of the African Cultural Society. I was instrumental in planning and implementing the IREP Africa plan at the College of William & Mary. This task entailed coordination mingled with and interaction with a number of fellow scholarly persons, module and departments. I emerged much stronger as a coordinator, facilitator and administrator after this novel experience. The professed intent of this program was to unite African student organizations in Virginia and to improve their relations with individually other. I actively participated in some(prenominal) campaigns to raise funds for the underprivileged in Africa and one of them was in respect of pauperisation stricken w omen of Uganda.A successful and efficient controller is one who is reliable, thorough, ingenious, a seeker of solutions, rise up organized and performance oriented. Of these the most big is trustworthiness, because accountants, in addition to their usual work, have to offer reliable advice regarding the conduct of line of descent in the present day frugal and legal context. Moreover, if method of line of credit relationship standards are not adhered to, then the company stands the risk of having to bordering down. The Sarbanes Oxley Act was enacted in the year 2002, in order to deal with such eventualities.Another valuable trait of an accountant is attention to detail. I possess this in ample measure. This item 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 certain and comprehensive pecuniary records. I reviewed the inner(a) pecunia ry controls and ensured that the organizations moneys were safe. This fiat 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 fiscal frauds. This was clearly established in the next cases.In the year 2001, Enron announced a take in loss of $ 618 million for its third gear fourth and that it would reduce the shareholders equity by $ 1.2 billion. The south immediately stepped in and demanded financial education from Enron. The Enron team of Auditors continue by their prefaceer Anderson systematically destruct a large 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 enclose its malafide practices, this company indulged in complicated account ing practices. This illustrates the fact that accounting has to be ethical, vapourous and morally upright. The consequence of the Enron case was that the fairness relating to account statement was made to a greater extent stringent. However, more than even legislation personal attitude, holiness and ethical behavior should have greater influence.WorldCom was another company, which also attempted to camo its fraudulent activities by resorting to fudging of figures and falsification of financial reports. The procedure adopted by its accountants was little sophisticated than that of the Enron team nevertheless, it committed a much greater fraud than Enron. However, these cases were not isolated incidents and proved to be plainly the tip of the iceberg. Several more such fraudulent corporations were investigated by the Federal and democracy regulators. The principal among these are Adelphia, HealthSouth and Tyco, to name a few.I have a flair for leadership and I often volunteer to lead in various academic pukes. 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 huge success, despite the difficulties encountered, due to having to lead a team of peers. The team comprised of persons with different temperaments and it required a lot of innovativeness and ingenuity to extract the ruff from them.I have tremendous patience, as can be attested to by the students of the sulfur grade, whom I teach as a volunteer teacher in the Waller zep Elementary school, in Williamsburg. The foregoing incidents from my life reveal that I possess a high level of integrity, reliability, planning and implementing capacity, motivational skills, inspiration, ability to work in a team and patience.What are you hoping to achieve during your studies in the MAcc Program?I will effected my Bachelors degree in accounting by the month of May, 2008. Subsequently, I intend to pursue the Masters of report Program at the College of William and Marys School of Business. This tier is truly outstanding and the faculty is the third best in the nation. Classes are typically small and informal. The emphasis is on getting expertise. The faculty is easily accessible, if one wants to clear up doubts. In conjunction with my considerable prudence and leadership skills, this knowledge in accountancy will render me highly sufficient for obtaining the Certified Public Accountant license. My principal objective is to become a CPA.