1, slow and steady, excellent in finance.
In recent years, with the rapid development of the financial industry, banks have become the first choice for many college students to find jobs after graduation. But it is difficult to enter the bank without excellent professional knowledge. Without excellent accounting and financial knowledge, even if you are lucky enough to enter the bank, you can only be a teller, lobby manager or salesman in the sales department. Bian Xiao once interviewed a student who attended a CFA training class. He is the lobby manager of Suzhou Construction Bank. After five passes, he finally went to work in a bank. He thought his knowledge reserve was ok, but found that he was too different from his colleagues. I only know a little about finance, securities, investment, wealth management, money and funds, and I missed many opportunities for promotion and salary increase.
If you want to enter the financial industry, you must be familiar with basic financial knowledge, professional terms and the development direction of various fields. What's the point of being a teller? You want to get a high salary, develop into management and practice basic skills. Why get a high salary?
2. Get CFA and FRM certificates with high gold content.
In a multi-polar and multi-speed financial world, countries have shown a strong demand for high-level financial professionals, and they need more middle and high-end financial talents. Although the financial industry has attracted many talents with master's degrees in business administration and finance, the CFA qualification of financial analysis has become the benchmark of this industry.
The ideal of entering the financial industry is full and the reality is relatively strong, but it is not without "shortcuts" to follow. The "shortcut" here means that you can take some financial-related certificates, such as CFA and financial risk manager FRM. They can serve as a stepping stone for you to enter this industry. In the financial market hit hard by the crisis of trust, foreign-funded enterprises and listed companies are more willing to hire people with CFA qualifications to help restore customer trust, and with these professional qualifications in international fields, you will have more opportunities than others.
3, settle for the second best, first as an accountant and then look for opportunities.
For accountants, "learning accounting into the bank" may be their initial idea of choosing accounting. But not everyone can make their dreams come true. The financial industry has also become a melting pot because of high salaries. People of all majors, degrees and backgrounds have gone in, and it is really stressful for accountants to get ahead.
At this time, why innovate in the financial industry? Why not settle for the second best, first stick to the profession and do a good job in accounting, and then look at the right opportunities and enter the financial industry with confidence? Bian Xiao thinks this is a relatively reasonable way. Doing a good job in accounting is the basis of any economic work. On this basis, studying and engaging in other economic work, such as financial work, will get twice the result with half the effort. There are many similarities between accounting and finance. The most important thing for accountants who want to enter the financial field is to gradually form their own core competitiveness.
In fact, whether you choose to go ahead or settle for second best, the most important thing to enter the financial industry is to gradually form your own core competitiveness. The financial industry has a high demand for talents. You must be a sophisticated person in this industry to have the opportunity to enter the door of this industry. Otherwise, I can only watch others go to work in the bank, and I only envy and hate myself.
Profits and losses that accountants should know.
I. Discrimination of Basic Concepts
1. Definition of income and loss:
Profit refers to the inflow of economic benefits formed by non-daily activities of enterprises, which will lead to the increase of owners' rights and interests, and has nothing to do with the capital invested by owners.
Loss refers to the outflow of economic benefits from non-daily activities of enterprises, which will lead to the reduction of owners' equity, and has nothing to do with the distribution of profits to owners.
We can find that the definitions of income and income, loss and expense are very similar:
Income refers to the total inflow of economic benefits formed by enterprises in their daily activities, which will lead to the increase of owners' rights and interests and has nothing to do with the capital invested by owners.
Expense refers to the total outflow of economic benefits in the daily activities of an enterprise, which will lead to the decrease of owners' rights and interests, and has nothing to do with the distribution of profits to owners.
sometimes
I don't know a thing carefully, only to find that what I care about is so ridiculous in the eyes of others.
You don't know how things have changed until you see through something. Nothing lasts forever.
1, operating profit = operating income-operating costs-business taxes and surcharges-period expenses-asset impairment loss+fair value change income-fair value change loss+net investment income (no income loss)
2. Total profit = operating profit+non-operating income-non-operating expenditure (partial profit and loss)
3. Part of capital reserve-other capital reserve.
2. Concept difference analysis:
(1) Profit and loss emphasizes "non-"daily activities, while income and expenses are generated by daily activities;
(2) Gains and losses emphasize the concepts of "net inflow" and "net outflow", while income and expenses emphasize the concepts of "total inflow" and "total outflow".
In addition, due to the different nature of the industry, the daily activities of enterprises are also different from the non-daily activities of enterprises. Usually, the daily activities of industrial enterprises are mostly procurement, production and sales. In addition, investment also belongs to the daily activities of enterprises. For the non-daily activities of enterprises, there are typical fixed assets disposal, donation income and expenditure, debt restructuring and so on.
Second, the classification of gains and losses
There are two kinds of profit and loss: one is directly included in the owner's equity; One is the gain or loss directly included in the current profit. In other words, gains and losses will be reflected in the balance sheet (or statement of changes in owner's equity) and the income statement respectively.
Specifically, gains or losses will involve many businesses:
Gains or losses included in the current profit and loss include: loss of inventory, extraordinary loss, public welfare donation expenditure, inventory gains, government subsidies, donation gains, gains or losses from disposal of non-current assets, gains or losses from exchange of non-monetary assets, and gains or losses from debt restructuring. Generally included in the current profits, gains or losses are accounted for by the subjects of "non-operating income" and "non-operating expenditure".
sometimes
Inadvertently found that some people understand that you make them feel at ease, but they can turn around and forget you.
Gains or losses included in owners' equity are generally accounted for by the subject of "capital reserve-other capital reserve". Common businesses include changes in the fair value of available-for-sale financial assets included in the capital reserve of owners' equity, and investors will increase or decrease according to their shares when other rights and interests of the invested entity change except the net profit and loss.
Third, the embarrassing position of gains and losses.
In the basic standards, accounting elements are divided into assets, liabilities, owners' equity, income, expenses and profits. This is no different from the original standard, but the new standard redefines six elements and introduces the concept of gain and loss.
Because China's accounting circles are used to six elements, profit and loss are not regarded as an accounting element alone, but as sub-elements of profit and owner's equity respectively. This practice of China Basic Standards is different from the concept of independent elements in American accounting standards, and it is also different from the way that international accounting standards regard them as sub-elements of income and expenses respectively.
This practice embodies a very embarrassing reality in China's accounting practice, that is, the immaturity of the market and the lack of honesty and morality.
In the process of establishing a new accounting standard system, a core idea is to establish a balance sheet view to replace the past "profit view". However, the securities market is still accustomed to using the income statement to create "hot spots" and "themes". If the sub-elements of income and expenses are included in the way of international accounting standards, they will become the tools of some lawless people for at least a long time.
Therefore, in the basic standards, gains and losses are clearly regarded as sub-elements of profits and owners' equity. In the income statement, although gains and losses constitute a part of the total profit of an enterprise, they are separated from the operating profit of the enterprise. In the balance sheet, there is a difference between profit and loss and retained earnings of enterprises. This special form is designed to remind report users to pay special attention so as to make reasonable judgments.