personal statement examples accounting and management

Sample Personal Statement Accounting and Finance

by Talha Omer, MBA, M.Eng., Harvard & Cornell Grad

In personal statement samples by field.

The following personal statement is written by an applicant who got accepted to several top accounting and finance programs. Variations of this PS got accepted at the University of Michigan, Vanderbilt, and Indiana University. Read this personal statement to understand what a top essay in Accounting and Finance should look like.

Example Personal Statement Accounting and Finance

I have never made popular choices, whether academic or professional. Where high academic achievement irrefutably means pursuing a career in Medicine or STEM, I opted for a career in management. I was free to choose a path for myself, owing to my performance during an extensive pre-induction professional training program. Fortunately, I picked a path that everyone believed was insignificant.

My decision to move to a new city to pursue my path did not receive encouragement. Making my own decisions has given me the freedom to dream and make it a reality. It has strengthened my belief that I am the only one who can bring a difference for myself and those around me. Brazil’s institutions may seem frozen, yet, at the grassroots, Brazil is in perpetual motion with ceaseless creativity. To accelerate this motion, we need to bring better and more affordable solutions; I plan to do that.

Growing up in Brazil, I have constantly questioned why we are still not growing economically despite having abundant resources. I frequently discussed the economic factors affecting us with my father, leading me to work at local NGOs and attend voluntary programs. My interest intensified when I discovered during these experiences that the unequal distribution of resources was a major cause of our economic constriction.

Moreover, our medical, engineering and academic professionals would not work in rural areas due to a lack of facilities, further debilitating the imbalance. It made me realize that we could only reap the benefits of our efforts if there were a proportionate distribution of resources. Realizing how effective mobilization of resources can aid in eradicating social ills, I developed an interest in management. This equipped me with technical knowledge and provided room for opinion building.

Pursuing this path, I joined the leading undergraduate institution in the country. The zeal with which I made this decision led me to graduate summa cum laude. While studying, I taught communication skills to undergraduate business students from rural areas. Meeting these students compelled me to get involved even though I lacked formal teaching training. Through empathy and friendly get-togethers, I was able to help these students conveniently traverse in English. With this experience, I understood that my time and energy had been well spent and that as an agent of change, one does not necessarily need to be exceptional; instead, one requires creativity, patience, and emotional intelligence.

After graduation, I followed through with my goal of facilitating change by joining the banking sector as an accounting and finance trainee. By working in Brazil’s most vital financial sector, I was exposed to diversified experiences, from being as simple as issuing customer chequebooks to designing accounting and credit proposals to the tune of USD 1.2 billion. Furthermore, while working on individual projects, I developed an in-depth understanding of international accounting rules that regulated trade transactions; the learning opportunities were immense.

Two and a half years of experience in the finance sector brought me to work for the country’s central bank. The anxiety that accompanied moving away from home for the first time was overwhelmed by my professional and personal growth. Nine months of extensive training and on-the-job assignments exposed me to interminable learning opportunities. However, my real gain has been in the form of self-improvement and growth that accompanied my first experience living independently. Leaving the protective living that I enjoyed with my family is challenging, but it has developed and strengthened my capabilities of taking and owning my decisions. Above all, knowing that my family is not always around to guide me has instilled in me a greater sense of responsibility.

During the two a half years of experience in accounting and finance, I observed the financial exclusion experienced by some important yet financially constrained sectors of the economy. This exposure motivated me to join the Development Finance Department upon my appointment to the country’s central bank. Moreover, most of the firms operating in any country of the world are either small or medium enterprises. Thus, providing an enabling environment to such enterprises is significant for economic growth and employment generation.

In Brazil also, 90 percent of the enterprises are small and medium-sized, and lack of access to formal sources of finance is a significant impediment to these enterprises’ growth. Therefore, a huge room for improvement is available concerning the development of policy framework and market infrastructure for the financial inclusion of this sector. As a part of the central bank, I have been allowed to intervene in a system that is not effectively performing its role of financial intermediation. Innovation in financial products, development of accounting and risk mitigation strategies are requirements to alleviate this segment’s financial exclusion.

By broadening my exposure and enhancing my knowledge, I aim to equip myself better to address the shortcomings of one of the critical segments of the economy.

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Accounting and Management Personal Statement: Effective Guide

Table of Contents

Accounting and management involve recording, and summarizing financial transactions to provide helpful information for business decisions. Organizations employ account and management personnel now and then to carry out these responsibilities. When applying to organizations for such roles, you need to present an  accounting and management personal statement. 

A personal statement briefly summarizes an individual’s skills, qualifications, and experiences. It is meant to help the recruiter learn about the job applicant and the unique qualities he/she can contribute to the job. This guide will teach you how to write a brilliant personal statement for an accounting and management job.

What Is A Personal Statement?

A personal statement is a document used to introduce yourself and your skills to a prospective employer . This document is a vital part of the job application process. It is the employer’s first impression of you, so it has to be a good one. This will get them to read through your job application.

Recruiters use the personal statement to see if a job applicant is a perfect fit in skills, experience, and attitude.

The most traditional personal statement starts with an introduction. This is where you introduce yourself, your education, skills, and qualifications. A personal statement also typically includes experiences, goals, and personal qualities.

Key details to include in the personal statement

When writing an accounting and management personal statement , there are several important details that you should include:

• Your background and experience in accounting, including any relevant education or training you have received.
• Your specific interests and goals within the field of accounting and management. And what motivates you to pursue a career in the field.
• The skills and qualifications that make you a strong candidate for the job. This may include your ability to analyze financial data, problem-solve, and work well in a team.
• Your past achievements and accomplishments, such as awards, internships, or other relevant experience.
• Your long-term goals and plans for your career in accounting, and how you hope to contribute to the field.
• Any additional pertinent information. This may include your interests, hobbies, or experiences.

Writing an Accounting and Management Personal Statement

You cannot just approach your summary like any random essay. The process of writing an accounting and management personal statement typically involves the following steps:

• Research the job you are applying for, and make sure you understand the requirements and qualifications. This will help you tailor your statement to the specific opportunity you seek.
• Think about your background, experiences, and goals and how they relate to the accounting field. Consider what makes you unique and what sets you apart from other applicants.
• Write a personal statement draft, focusing on the key points you want to highlight. Be concise and clear, and avoid unnecessary details.
• Edit your statement until you are satisfied with it. Make sure it accurately reflects your skills, qualifications, and experiences. And that it is tailored to the specific program or job you are applying for.
• Proofread your statement carefully to ensure it is error-free and ready to submit.
• Finally, submit your statement and other application documents, and follow up with the program or employer as needed.

Examples of Accounting and Management Personal Statements

A highly motivated individual with aspirations of becoming a successful accountant and manager. I have the determination and drive to achieve my goals and the ability to work hard and persevere through any challenge. I am confident in my skills and believe that with perseverance and dedication, anything is possible. My past experiences have taught me valuable lessons that will allow me to be an asset to any organization or team I join.

I have always been interested in how businesses operate and the factors that affect their success. That is why I decided to pursue a degree in accounting and management. My coursework has given me a strong foundation in financial accounting, managerial accounting, and business law. I have what it takes to be a great accountant and manager.

In addition to my academic qualifications, I have experience working in the private sector and with not-for-profit organizations. This breadth of experience has helped me develop essential skills such as teamwork, communication, problem-solving, and critical thinking. I am eager to put these skills into practice by joining an organization where I can make a meaningful contribution.

I am a senior accounting and management major at [university name] and am passionate about using my skills to help businesses grow. Throughout my coursework, I have developed strong analytical and problem-solving skills, which will be invaluable in helping me become an effective manager.

In addition, I have also gained experience working in teams, which has taught me how to collaborate effectively with others. After graduation, I plan to use my skills and knowledge to work for a top accounting firm or business organization.

I have always been interested in numbers and how they dictate financial outcomes. This interest led me to pursue accounting as my undergraduate major, and I am now a licensed CPA. My experience with clients, individually and in groups, has given me an intimate knowledge of accounting standards and principles. I can utilize this knowledge when advising individuals on their finances. In addition to my passion for numbers, I enjoy working with people; this combination makes being an accountant a perfect fit.

I am an accountant with over six years of experience in the field. My skills include bookkeeping, preparing financial statements, and providing tax advice. In my previous roles, I worked with clients from various industries. So I have a strong understanding of what it takes to be successful in accounting. I am looking for an opportunity to continue developing my skills and contribute value to the team.

I am [Your name], a recent graduate of [Your institution]. My concentration was in accounting, which has always been of great interest to me. My experience as an intern at [Organization] allowed me to learn about various aspects of accounting, from financial statement analysis to auditing. This hands-on experience solidified my desire to pursue a career in this field.

I have always excelled academically and possess the necessary skill set and drive required for a successful career in accounting. I am detail-oriented and thrive under pressure; both qualities are essential in this field. Additionally, strong communication skills are critical as accountants must liaise with clients and management effectively.

I would be an excellent addition to any accounting team and am eager to take on new challenges while continuing to grow professionally.

A well-written accounting and management personal statement is valuable in your application process. You don’t just want to ramble through the whole thing without making sense. 

Your personal statement is designed to give you an edge over other applicants , so create it in a way that shows that uniqueness. Follow the tips in this guide, or use Hey INK to generate the perfect personal statement. Then sit back and wait for that interview call! 

Abir Ghenaiet

Abir is a data analyst and researcher. Among her interests are artificial intelligence, machine learning, and natural language processing. As a humanitarian and educator, she actively supports women in tech and promotes diversity.

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Accounting for Inventory and Cost of Goods Sold Expense

By: Luann J. Lynch, Jack Benazzo

This technical note provides an overview of accounting for inventory and cost of goods sold expense. It discusses accounting for the purchase and sale of inventory, periodic and perpetual inventory…

• Length: 11 page(s)
• Publication Date: Feb 20, 2024
• Discipline: Accounting
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This technical note provides an overview of accounting for inventory and cost of goods sold expense. It discusses accounting for the purchase and sale of inventory, periodic and perpetual inventory systems, inventory write-downs, and alternative inventory costing methods. It also discusses the use of the LIFO Reserve to adjust financial statements prepared using the LIFO method of inventory valuation to an as-if FIFO basis, illustrating those adjustments with an example.

Feb 20, 2024

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PERSONAL STATEMENT EXAMPLE Accounting and Finance Personal Statement

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Accounting and Finance Personal Statement

Accounting is a necessary activity within everyday life, without which businesses would not be able to function. Management Accounting is the core operation of any successful enterprise. My interest began when I started a business at the age of fifteen buying and selling goods at a profit. I learnt to manage my profit by investing in goods with high customer interest and low costs. This made me realise the importance of money in society and promoted my desire to explore this subject further at university.

Mathematics has always been my strongest and favourite subject during my academic life and I believe my well-developed numeracy skills will help me advance in this course. By also studying Chemistry at A-level, I have developed my analytical and critical skills. I was able to put these skills to the test by participating in the United Kingdom Mathematics Trust Challenge three times and I look forward to tackling even more demanding challenges during the degree course. Economics A-level has allowed me to expand my knowledge on the basics of the economy and the high demands of consumers. I have independently developed a clearer understanding of the world of finance ; reading 'The Money Machine' expanded my perspective of the financial system in the City, making me aware of the importance of interest rates to a business and the influence on revenue.

I gained valuable insights into the world of finance by completing my work experience at accounting firms within the North West, where I was asked to complete annual reports for local businesses to assess their profits. During work experience at SL Accountancy Solutions I was surrounded by colleagues who spoke Mandarin to their clients. I found I was able to adapt to a foreign language environment and managed to communicate effectively with Mandarin-speaking clients through phone calls. Working among people who have the same interests as me and listening to their experiences made me even more determined to study Accounting and Finance at University level.

With the increasing interaction of global companies, understanding different cultures and languages is becoming a vitally important aspect of modern business. Through speaking fluent Cantonese and having lived in Hong Kong for 8 years, I can fully appreciate the variety of cultures within an industry and hope to utilise this valuable skill by working in an international corporation in the future. For the past three years I have volunteered at Barnardo's, dedicating several hours a week to helping my local community.

Working part-time as a sales associate at Hollister, alongside my studies, has advanced my abilities to interact with customers in a friendly manner and enabled me to manage my time wisely. I have taken on roles of responsibility in school such as being elected as form captain, which enhanced my organisational skills. Taking part in the Young Enterprise Scheme in the role of financial director allowed me to showcase my numerical and logical skills. I was able to present the accounts of the company and dictate where the costs were allocated. I enjoyed this role as it gave me a sense of control over the business. I worked in a team with fellow students in order to devise a business strategy to sell and advertise our handmade products. When the Managing Director left our group, I felt it was my duty to take charge and organise our company. This shows that I can adapt my role under different circumstances.

I was also selected by teachers as peer mentor for the new Year 7 students, helping them make the transition into secondary school, highlighting my ability to work with people of different ages. Being a fully committed and dedicated student I will persist until my ultimate goal is achieved. I am firmly convinced that my career lies in the field of accounting and finance and by following this degree course I will build a crucial foundation for my future.

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Food insecurity is associated with poor hypertension management in the Eastern Caribbean

• Find this author on Google Scholar
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Background  Limited evidence exists on the association between food insecurity (FI) and blood pressure control in the Caribbean despite the high burden of both. The objective of this study is to examine the relationship between FI and hypertension prevalence, awareness, and control in the Eastern Caribbean.    Methods and Findings  We conducted a cross-sectional analysis of baseline data (2013-2018) from the Eastern Caribbean Health Outcomes Research Network Cohort Study (n=2961). Food insecurity was measured using the Latin American and Caribbean Food Security Scale (ELCSA) and classified as 0=no FI, 1-6 mild/moderate FI, and 7-9 severe FI. Hypertension was defined by the Seventh Report of the Joint National Committee on Prevention. Logistic regression modeling was conducted to examine the relationship between FI and hypertension prevalence, awareness, and control, adjusting for age, sex, educational attainment, site, and usual source of care.   Prevalence of FI was 28 percent among participants and was higher in Puerto Rico and Trinidad and Tobago compared to other sites. Seventeen percent of the participants experienced low, 6 percent moderate, and 4 percent experienced severe FI. Aggregate model results showed no association between FI and hypertension outcomes. Sex-stratified results showed moderate (OR=2.65, CI=1.25-5.65) and severe FI (OR=3.69, CI=1.20-11.31) were positively associated with lack of control among women.   Limitations of this study include the cross-sectional design, small sample size, and the average age of our cohort. Cross-sectional design precluded the ability to make inferences about temporality between FI and HTN prevalence and awareness. Small sample size precluded the ability to detect statistically significant differences despite strong odds ratios for model results like lack of control.   Conclusions  Findings align with prior evidence of greater FI prevalence among women and negative health impact. Nutrition policies are needed to reduce the overall FI burden in the Caribbean and increase access to affordable, nutritious foods.

Competing Interest Statement

The authors have declared no competing interest.

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The study sponsor has no role in the study design, collection, analysis, and interpretation of the data. To the best of our knowledge, there are no relevant conflicts of interest, financial or otherwise, relevant to this study and the publication thereof to declare.

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I confirm all relevant ethical guidelines have been followed, and any necessary IRB and/or ethics committee approvals have been obtained.

The details of the IRB/oversight body that provided approval or exemption for the research described are given below:

The ECS study was approved by the Yale University Human Subjects Investigation Committee, the Institutional Review Boards of the University of Puerto Rico Medical Sciences Campus, the University of the Virgin Islands, and the University of the West Indies Cave Hill Campus, as well as by the Ministry of Health of Trinidad and Tobago. The current analysis was approved by the Data Access and Scientific Review Committee of the ECS. This study was reported according to STROBE guidelines.

I confirm that all necessary patient/participant consent has been obtained and the appropriate institutional forms have been archived, and that any patient/participant/sample identifiers included were not known to anyone (e.g., hospital staff, patients or participants themselves) outside the research group so cannot be used to identify individuals.

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I have followed all appropriate research reporting guidelines, such as any relevant EQUATOR Network research reporting checklist(s) and other pertinent material, if applicable.

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The corresponding author had full access to all the data in the study and takes responsibility for its integrity and the data analysis. Data described in the manuscript will be made available upon reasonable request.

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Postgraduate accounting and finance personal statement example (mature student) 2.

As a senior student at the Management School in Jinan University, one of the oldest key national universities in China, I will graduate in 2010 with a diploma. However, I believe that will not be the end of my academic life.

To build up a great career upon my interest, I am now applying for advanced studies in your quality program, hoping that I can pursue a master degree of Accounting and Finance at the University of Adelaide along with a financial aid if possible.

During my undergraduate course, I figure out how and why I can succeed in financial world.

To some extent, I have a talent in mathematics which plays a crucial role in my academic achievement. I got full marks in Advanced Mathematics as the only person around the whole grade.

I have always had a logical, organised and practical way of thinking, as well as a competitive nature, and maths has always appealed to these characteristics.

Besides, I did a lot of readings in my spare time, which are related to the most recently events in Accounting Principles, Taxation Laws, and the World Financial Markets both Chinese and International.

Fortunately, I really enjoy myself in knowing the challenges of today's business and societies. By knowing these, I establish my career goal, to be an excellent CFO.

My education so far is characterized by indisputable excellence. During the first three years of my undergraduate studies, my GPA was consistently one of the highest in my class of 215 students.

In recognition of my outstanding academic record, the university has selected me to enter into graduate studies without the usually mandatory admission exams, a privilege given to only a few of the excellent students each year. I have, however, decided to turn down the offer. Because I believe the experience of studying in the University of Adelaide is more valuable for me.

Here are some reasons for my chosen of the University of Adelaide. First, she is third-oldest university in Australia and is known internationally for the quality of its programs.

Second, The Master of Accounting & Finance offers a combination of accounting and finance studies in order to enhance career prospects and extend knowledge of both disciplines. The courses you provide will strengthen my employability in the areas of financial management while providing a professional accounting qualification.

Furthermore, this program is designed to satisfy the academic requirements for associate membership of CPA Australia and the Institute of Chartered Accountants Australia (ICAA). That means the course I have will fulfill the requirements of both professional bodies.

As far as I know, the program is also recognised as a CFA Program Partner which is also an essential factor as I concerned. In addition to the reasons of the above, I really fancy to both the fabulous campus and the city of Adelaide.

I am anxious to study here in the University of Adelaide to achieve my career goals. Undoubtedly, I will try my best to complete this program swimmingly and honourablly.

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This personal statement was written by mimihuhu1987 for application in 2011.

mimihuhu1987's Comments

Please give me some advice to make it better.Thank you!

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One key point, at the end do.

Sat, 21/11/2009 - 12:55

One key point, at the end do not mention any university, i assume your applying to about 5 different ones, so if other universities read the p.s they won't be very happy and disregard your statement completely.

Same person from above

Sat, 21/11/2009 - 12:58

Sorry i jus read through it again, dont write about 1 university at all, as i said before you should be applying to about 5. And dont talk about the universities at all. Just talk about the subject and what you have done outside of school/ inside that makes you a good candidate.

The statement is pretty good,

Tue, 15/12/2009 - 05:13

The statement is pretty good, but you should really check your grammar.

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