Here's how you can earn your boss's trust and respect in the accounting field.

In my experience, the most valuable accounting professionals not only ensured accurate and timely reporting in accordance with applicable standards, they learned the business deeply enough to help management identify opportunities for improvement. Essentially helping to drive the results, not just report them looking back historically.

At times, when I was starting a new job as finance head, the basic reason of my hiring are erratic and inconsistent information generation for decision making. So, my role starts with position analysis of accuracy and completeness of financial information. The accuracy defines the core competence of financial records and the risk of credibility needs to be mitigated with a robust and consistent reconciliation process and batch totals and control totals. Another aspects which needs to be considered is the consistent application of accrual basis of accounting.

-Keep learning, stay on top of the latest trends and pronouncements, apply what you learn, and share what you learn. -Own your mistakes, learn from them, and don't repeat them. -Bring your ideas to the table, you may just have come up with an eye opening perspective, and if you haven't no harm done. -Be open to taking criticism and provide constructive criticism. -Uphold your values and be ethical -always!

Accuracy in accounting is paramount for several reasons. We have a saying at the office of, "Better to be late but accurate than rushed and filled with mistakes." This emphasizes the value of precision over speed in financial reporting and analysis. Simple errors in accounting can undermine the integrity of financial statements, rendering all the hard work, time, and effort invested in gathering data null and void. This underscores the critical need for meticulous attention to detail in accounting processes to ensure reliable and trustworthy financial information.

I do not want to repeat the ideas and advice already discussed here. I would say that a smart Accountant must have updated data and reports related to current affairs which may at any time be asked your Boss.

It is important to keep communication open with your boss. Apart from communicating well, it is vital to communicate frequently and to keep them updated. Having a stand-up meeting or a quick call (if you are working remotely), to discuss the agenda for the day and then sharing an end of the day report on tasks completed is great way to build trust with your boss.

Communication skills play a very important role in conveying one's message. The clarity in communication also reflects on one's personality. Clear communication saves time and efforts of seeking clarification from the communicator. Good communication skills are key to the success of individuals.

Communication, rather effective communication between the team will also helpful in building the trust among the team members and your boss

Effective communication is essential in accounting. You must be able to explain complex financial concepts in a way that is understandable to non-accountants. This means being clear, concise, and patient when discussing financial matters with your boss. If there's bad news, such as an unexpected expense or a dip in revenue, be upfront about it and suggest possible solutions. By keeping the lines of communication open and being proactive in addressing issues, you demonstrate your commitment to the company's financial health. Good communication also builds trust and shows that you are dedicated to transparency and problem-solving, which are critical in maintaining a healthy financial environment.

Communication as Collaboration: Don't just report, explain the "why" behind the numbers. Actively listen to questions and concerns, ensuring clear understanding. Proactively communicate progress and roadblocks.

Be proactive in your job,in your task in your daily routine work. Don't hesitate to take initiatives or become team leader. Try to anticipate the things,risk or any incoming incidents in your workplace.

Taking initiative can set you apart in the accounting field. Look for ways to improve processes or save money for the company. If you notice an inefficiency, propose a solution. By being proactive and seeking out opportunities to add value, you show your boss that you're not just a number cruncher, but a strategic thinker invested in the business's success. This proactive approach can significantly boost your boss's confidence in your abilities, demonstrating that you are a dedicated team member who contributes to the company's growth and efficiency.

Initiative with Ownership: Don't just complete tasks, take ownership. Anticipate needs and propose solutions. Volunteer for challenging projects to demonstrate your capabilities.

Ser proactivo en la resolución de problemas ante situaciones adversas o desafíos financieros, mostrando tu capacidad para analizar la situación, identificar las causas del problema y proponer soluciones efectivas así demuestras tu pasión por el mundo de las finanzas y la economía, como tu compromiso con el crecimiento y desarrollo de la empresa en la que trabajas.

Confidentiality: Maintain strict confidentiality of all financial information. Breaches of trust in handling sensitive data can severely damage your credibility. Ethical Standards: Adhere to ethical guidelines and principles. Avoid any actions that could be perceived as dishonest or unethical.

In accounting, ethical behavior is non-negotiable. Your boss must trust that you will adhere to professional standards and regulations. This means being transparent in your reporting, maintaining confidentiality, and avoiding conflicts of interest. If you encounter ethical dilemmas, handle them with integrity and seek guidance when necessary. By upholding high ethical standards, you reinforce your trustworthiness and professionalism in the eyes of your boss. Demonstrating strong ethical principles ensures the accuracy and reliability of financial information, which is crucial for the company's integrity and success.

Ethics Beyond Compliance: Be a voice for ethical conduct. If you see something questionable, speak up professionally. Prioritize transparency and build a reputation of integrity.

One must be thorough with Microsoft Excel PowerPoint and Power BI. These are most essential tool for any accounting professional. We should be adaptive with new technologies and softwares

Accounting today is as much about software proficiency as it is about number crunching. Familiarize yourself with the latest accounting software and tools that can streamline your work. Being tech-savvy allows you to provide insights and analyses that can drive business decisions. Your boss will appreciate your ability to leverage technology to provide accurate financial information efficiently. Staying updated with technological advancements also enables you to suggest new tools or practices that can enhance productivity and accuracy, further boosting your value to the company.

Tech-Savvy with Innovation: Don't just use accounting software, explore its potential for automation and efficiency. Suggest new technologies that can streamline processes and enhance workflows.

No nos podemos conformar solo con tener actualizado nuestro trabajo contable tenemos que ir mas allá y aprender a usar las tecnologías para ser mas productivos así como dominar herramientas que nos ayuden a realizar análisis contables y financieros, estas herramientas pueden ser Excel y Power BI para crear visualizaciones de gran impacto y así destacar y todos apreciaran nuestros análisis.

Don’t get so busy that you don’t take time to sharpen your axe! . .

También te sugiero que te mantengas al tanto de las actualizaciones y cambios en las normativas contables y financieras, ya que es importante estar al día en este campo. Además, de realizar ejercicios y casos prácticos para fortalecer tus conocimientos y habilidades. ¡Nunca dejes de aprender y crecer en el ámbito de la contabilidad y las finanzas estamos en un mundo muy cambiante y tenemos que estar actualizados.

Lifelong Learning with Mentorship: Seek out opportunities beyond formal education. Find a mentor in your field for guidance and career development. Consider becoming a mentor yourself and share your knowledge.

One line regarding this "learning can never be stopped". In every day of my life either it's at work or at home or socialising or travelling I have learned daily new at least one new element. The benefit might be little but atl least I knew one more things daily will give me at the end of the year 365 incident new which combined give me benefits in future. So never stop learning be a good learner.

Be a student of the business. Show interest in the industry, its players, the primary competitors and the business. Understand what drives the business. Understand what detracts from the business. You will earn a lot of trust by being interested.

Remember one day you will also become a Boss and you need a very supportive team. So be the teammate you want to be in future as a CFO or leader. Don’t procrastinate work Have 100% integrity and Moral. Use companies resources only for official purpose.

Stay Positive: Maintain a positive attitude, even during challenging times. A positive outlook can inspire and motivate those around you. Resilience: Show resilience by bouncing back from setbacks and learning from mistakes. Training and Workshops: Attend workshops, seminars, and training sessions to enhance your skills and knowledge. Mentorship: Seek a mentor within the organization who can provide guidance and support in your career development.

Field Verification In cost accounting, ensuring accuracy is crucial. Field verification confirms transactions, inventory levels, and processes directly where they occur, reducing errors from desk-based analysis. It aligns financial records with operational realities, enhancing transparency and accountability. Integrating field audits allows for real-time adjustments, strengthening financial reporting integrity and supporting strategic planning with validated data for resource allocation and cost management.

Speed, integrity and accuracy. You don't want to waste precious time on assignments, so inform your boss on the set target time and stick to it. You also don't want to hurry up and mess up a report, analysis or budget. Be meticulous but also be impeccable in your work. Tied to this is reliability. You want to ensure your task can be repeated by another accounting expert on your team and the same result will be generated. Character should never be questionable, even/especially with disbursements, payments related to vendors, staff, safe office funds and banking transactions. Let your good work define you to the letter. Best of luck!