Writing Guide for Finance and Accounting Students
It is crucial for professionals and Students in finance and business to write with authority and clarity. Finance majors and accountants usually spend a lot of time shredding numbers and writing reports that describe their findings, data points, and analyses. These communications can assist clients, stockholders, partners, and other businesses understand a company’s findings and operations.
The professionals in this field translate complex data into simple terminology that non-technical people can understand. Therefore, they must write with purpose, precision, and conciseness. These communications are typically in letters, memoranda, papers, and reports. Accountants and finance professionals should also consider their audience when they are writing their papers. For instance, a letter to a client will have a very different style and tone than an internal email to a co-worker.
Students of these majors usually lack good writing skills, which leads them to buy cheap dissertation service. However, they must remember that strong writing skills are just as important as bookkeeping and financial analysis for success.
Types of Writings Students Have to Work On
This accounting and finance degree writing guide covers the fundamentals of effective writing, such as grammar, style, and word choice. So, let’s delve deeper into the topic and learn more about it.
1. Students Exams
Long-form essays are sometimes required on accounting program exams. The key to passing such exams is to prepare yourself before and during the exam. While students typically understand what the assessment will cover, they rarely know the precise prompt. As a result, they should be prepared to answer any questions about the accounting or finance course, unit, and lesson.
Lengthy essays typically consist of five paragraphs: an introduction, three main points, and a conclusion. Professors may request longer or shorter responses. So, make sure that you strictly adhere to the instructions.
Time constraint is the most difficult aspect of exam essays. After reading the prompt, take a few minutes to organise your thoughts. Begin by taking notes on the topic, then choose the key points on which to base your essay response. Review the facts you will provide for each point as well. Create a focused thesis statement before you start writing.
A strong thesis statement serves as the foundation for the rest of your argument. The thesis can also help you stay on track and avoid deviating into tangential points.
2. Personal Statements
While some colleges have eliminated personal statements and others have made them optional, most colleges still require them. Personal statements allow students to explain any qualifications not listed on their resume or academic history.
For example, students can discuss any difficulties they have resolved, their background, or why they want to work or pursue a particular field. Personal statements aim to help the admissions committee know about you more.
A personal statement can make or break your college application. Therefore, students should ensure that their personal statement is cohesive, engaging, and grammatically correct. Students should also avoid writing in an overconfident, boring, cliché, or unoriginal tone.
Allow yourself a significant amount of time before submitting your application. Get help from an adviser, trusted friend, tutor, peer, or family member to review your statement and make changes based on their feedback.
3. Case Studies
A case study is a description of a scenario in a real-world setting. In a business, for example, a case study may be used to assess the effectiveness of a specific management style. The researcher observes how a specific workplace’s morale, efficiency, and productivity transformed under different managements. They can conclude and recommend ways based on the results.
Case studies document the details of a case, give possible explanations for particular circumstances, and propose a solution based on data. This part requires a substantial amount of effort and time. However, the resulting insights can be extremely beneficial to a business or enterprise. Case studies can assist in forecasting trends, determining the effectiveness of a strategy, or steering a business in a new direction.
Accounting and finance case studies require students to think about larger business issues and use critical thinking and strategic skills.
Researchers should use clear and accurate writing to convey interpretations, describe data, and present final recommendations. While case studies frequently focus on a single topic, they may also compare two approaches. For instance, a case study can compare the advantages of cash versus accumulative accounting methods.
4. Research Papers
Essays and research papers broaden a line of thought, evaluate a viewpoint, or argue. On the other hand, a research paper differs from an essay. An essay frequently relies on the writer’s standpoint, opinion, or experience.
At the same time, a research paper investigates an idea or explains a specific issue with the help of other people’s ideas or findings. While essays are usually written in a five-paragraph format, research papers can be much longer.
The research paper comprises an abstract, title page, methodologies and findings. Students may also discuss methodology, outline the study’s limitations, and mention prior research at the start of the paper. These sections may or may not be required by professors.
The main body of the paper uses outside sources and arguments to describe the key points and supporting arguments. Students conclude by briefly summarising their argument and making closing remarks.
Research papers also include a works cited or reference list, or bibliography, depending on the citation style. An appendix with graphs, charts, interview questions, photos, or a glossary of terms may also be included by students.
Professors generally allow students to choose their research topics if they are related to a specific subject. For example, in a business technology course, students can write about their social media presence, digital marketing, or the impact of technology on stocks.
Accounting and finance programs frequently require students to write about professional ethics, the future of the career path, the differences between computer and manual accounting and how financial reporting is beneficial.
Citation Style to Follow
Students must appropriately credit where they got their notions, statistics, data, and graphics in any academic writing, particularly research papers. Citing sources can help strengthen a thesis and emphasize the writer’s research efforts.
The correct citation style also safeguards the writer against plagiarism. When a plagiarism claim is levelled, it can be disadvantageous to one’s academic career and successive professional career. Whether intentional or unintentional, plagiarism taints a student’s reputation and results in suspension or even expulsion. Students can select from various citation styles, including those listed below.
Some professors require students to follow a specific format.
- American Psychological Association (APA) Style
Form: (author name, publication year, work title, publication city, and publisher)
- Chicago Manual of Style (CMS)
Form: (author name, work title, publication city, publisher, and publication year)
- Modern Language Association (MLA) Format
Form: (author name, work title, title of container [if applicable], publisher, and publication year)
- Associated Press (AP) Style
In AP style, sources are not cited in a list at the end of a paper. Rather, authors include links to sources within the text of their work. Journalists are the primary users of the style. Few educational fields strictly use the AP style because of the lack of a reference page.
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