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) is an important benefit of the job. Imagine that instead of having to go out on the market and obtain relevant information, you find it all on your computer, at a touch, and the only thing you need to do is filter through it, pick out the important things and be able to interpret these correctly.
Further more, despite the fact that there is an incredible responsibility, one of the great advantages is that this responsibility can be interpretable. You make analysis, not decisions and, from this perspective, the responsibility refers only to the correct interpretation of the data and information that has been provided rather than to making and implementing the right decisions. A lower level of responsibility is also one of the benefits of this job, it makes you feel more comfortable with your working activity.
Finally, one of the important benefits is the numerous possibilities of moving into the labor market from this position. The position as a financial analyst is not something restrictive that allows you to operate only in the respective field. The fact that I can collect,...
This means that I have a great flexibility and that I am able to move into any industry where analysis of external environment factors plays a role in the decision making process.
Even more, I can move into a less analytical and more action-based financial position, like that of a trader on the stock exchange or the currency market. This means that I will not only interpret the reactions and feedback from the market, but that I will also be acting upon the information that I analyze, thus covering the entire informational chain.
I can also move into full decision making positions, because one of the important factors in the decision making process is the necessity to base the decisions on properly analyzed information. This means that management positions are not out of reach for me and that I can one day hope to run a company in any industry. As you can see, both the perspectives and the benefits of working as a financial analyst are quite numerous.
The median wage for financial analysts was $73,150 excluding bonuses. The bottom ten percent in the profession earn less than $43,400 and the top ten percent earn over $141,070. Annual bonuses are very common in the industry and can account for a substantial portion of the total earnings (OOH, 2010). Benefit packages are typically very strong for financial analysts. Specific information for Miami-Dade County is unobtainable, but the city
Jobs The position of Financial Analyst requires both specific training and many personal skills as well. For example, trust-building is one of the most important attributes of the job so there is a requirement for a very high level of interpersonal skills. Furthermore, substantial technical training is required. A bachelor's degree is almost always required, and often an advanced degree like an MBA comes in handy for marketing. In addition, there
Financial Statement Fraud Report: Rite-Aid Fraudulent financial reporting can really have unfavorable results on companies, as well as, public confidence in capital markets. This paper will examine the financial statement fraud and will also investigate the financial statement fraud that happened at Rite Aid in the beginning of the 2000's. The outcome of Rite Aid's fraud, as well as a lot of other key accounting scandals, led to the formation of
Despite this fundamental difference, financial and compliance managers work together as healthcare organizations make decisions to lower cost, increase revenue, and improve care. The concept of lowering cost while improving care presents a complex demand, and requires both financial and compliance officers to possess fundamental management knowledge, and similar professional skills in order to implement accounting and ethical standards (Buelow, et al. 2010). For example, a legal requirement or
The "Dutch Test for Conflict-Handling," indentified my personality to have medium 'yielding' conflict style. This is consistent with my articulated belief that agreeability when handling conflicts is required, but not to the point that ethics are ignored. My test results on the "Big Five Personality" test thus support the notion that when handling ethical conflicts solving problems on a personal level and achieving a mutually beneficial solution is ideal.
Financial Manager's Career Description of Career Qualifications Needed to Enter the Field Salary and Benefits Supply and Demand Efforts of Technology on the Field Other Factors The financial manager plays a vital role of ensuring an organization is financially healthy. With the growth of the economy, this career is expected to continue being viable for several years to come. This is because finance managers can work in several industries and not just one that is specific. Some