Keeping Track

In order for a business to operate properly, it’s important for them to use efficient record-keeping practices.  Not only is it important to retrieve all the records, but also to keep it organized! Being an organized person myself, I find these tips to be very helpful when it comes to organizing company records.  Depending on the nature and extent of the business, you can always combine or divide categories.  It may be difficult to keep up with, however, it’s better to start at the beginning then having problems towards the end.  In an article I read on allbusiness.com, they give a list of the different categories most businesses will use:

• Accounting and bookkeeping records.
• Bank records.  
• Contracts.
• Corporate records.  
• Correspondence.
• Employee records. 
• Frequently used forms. 
• Intellectual property records.
• Marketing and advertising records. 
• Permits and licenses. 
• Stock records. 
• Tax records. 

For more details on each of these categories, visit this article! Record Keeping for Startups and Growing Businesses

Choosing My Career Path....

During my courses of the MBA Program I was constantly asked what I wanted to do after graduation. I didn't know! One thing I knew for certain is that I wanted my career to revolve around accounting. As general as that is, I have always felt comfortable with the concept and find it to be fascinating! The more I thought about it, and researched different careers, there was one specific career path that stood out to me. That career was a Controller. I read this article, "Controllership: The Other Accounting Career" and it answered a lot of questions I had regarding the job description of a Controller, the requirements, and how to achieve such a position! The article explains that doing a controller internship is the way to receive actual professional experience. I'd love to work with an experienced Controller of a company that I find to be interesting, so that I can work along with them and enhance the knowledge and experience I need to achieve a career as a Controller.

http://www.newaccountantusa.com/newsFeat/pdf/ControllershipTheOtherAccountingCareer.pdf