Book keeping is considered to be one of the most difficult professionals which require a lot of attention to detail and a lot of patience. Hence it becomes even more difficult to become good at this profession. It takes a lot of courage and patience and at the same time a lot of commitment for a long period of time to ensure that the right kind of knowledge and skills are also being gathered to become successful in this profession. Therefore before deciding to become successful in this profession, one would need to identify and recognize as to what are the factors that would make a person better or successful in this profession. Hence those critical success factors can be explained in the following manner.
One of the key elements that make a person successful is the level of mathematical knowledge one would have. When providing accounting services the accountant needs to be well aware of the mathematical knowledge, and also ensure that the accuracy and speed of doing sums is quite sufficient to provide an unmatchable service to their clients. Most commonly an accountant would need the adding and subtracting knowledge, multiplication and division of sums etc. by knowing and being fluent in these areas will enable a person to become faster in preparing accounts and book keeping instead of taking the traditional path in solving sums. The logic of sums is all what he or she would need thereafter.
Ability to have Long Term Focus
Generally a person’s attention span is not quite sufficient to cope up to provide effective level of accounting services in Singapore. Hence if a person is decided to provide accountancy they need to improve their attention span and be able to provide an extensive level of attention to the work they do for a longer period of time. By doing so they will be able to provide a consistent accuracy in their work. It also needs to be noted that accountants cannot afford to do any mistakes even in their consistent sums at any point of the sum because all the elements of the sum are quite interconnected. If one place goes wrong the entire sum will go wrong.
A good accountant should be able to a number of things at the same time. Most of the accountants like this ability. The reason why this ability is needed is because most of the time the nature of the sums that they face would require a number of multiple tasks that needs to be successfully completed in order to ensure the sum as a whole is completed. Most of the time many sums and accounts come with a lot of per-work which therefore requires the accountant to do a lot of back ground work and preparation before approaching final accounts.
Hence an accountant can be evaluated based on these factors and many other factors and thereby rate the accountant’s ability to work.