All posts by alexandrianewman

New Year’s Revolutions

New Year's resolutions can sometimes go in one year and out the other

It’s that time of year again… a new year, and time for New Year’s resolutions. I thought about what I wanted to do with this year and how I could improve myself, but I lacked inspiration, so as usual I turned to Google.

The first thing I found was a list of the ten most common New Year’s resolutions. They were all excellent, but all of them are things I already strive for on a daily basis: spending more time with loved ones, getting more organized, exercising, eating healthy, etc. I remained uninspired.

After spending more time in attempts to find a resolution, I stumbled upon the million-dollar question: Why do I even need to make a new year’s resolution? What makes January 1st so special in that it’s the only time of year to make a new resolution and improve myself? I knew there had to be a reason resolutions exist, otherwise, why is this custom worldwide?

After contemplating these questions (and doing some research of course), I found my answers. The magic of a new year is that it inspires us to dream big. We tend to get stuck in the monotony of day-to-day life. There is just something about a new year that breaks that cycle. It helps us realize that “if we did all the things we are capable of, we would astound ourselves” –Thomas Edison.

The promise of new beginnings allows us the opportunity to shoot for the stars and remove the cynicism that seeps into our lives as the year progresses. Kristi Hedges from Forbes Magazine said, “we’ve been trained to be critical and think small. We’re cautious of new ideas and motives, and we wait for the other shoe to drop. We get a lot of social reinforcement for this posture by being heralded as savvy, analytical, and smart.” Continue reading New Year’s Revolutions

Pop Culture: The key to success?

My professors tell me the best way to prepare for interviews, is to read newspapers every day. They highlight the importance of being aware of what’s going on with the economy and current events outside of the 40 Acres,  because that’s the world we will be living in. When speaking with adults, being able to apply what we are studying to current events creates more stimulating conversation than talking about assignments and grades.

What better place to follow sports than at our own Frank Erwin Center cheering on the mens Longhorn B\basketball team!

I have accepted this as something I need to do to be successful with recruiting. I thought this was all that I needed to do, until I read a blog by the Young and Frugal highlighting the importance of sports in the business world. They made an excellent point:

“In the real world most people won’t talk politics with you for fear of offending you (or someone else), and not many people want to talk business because that’s what they do all day.”

Sports is something that you can talk about with everyone, and use as a gateway to talk about most anything: from the business of sports, player gossip, personal experiences from playing the game, and locations you have traveled to watch games. It is a topic almost everyone can relate to or have an opinion about, and a great way to join a conversation. In fact, a Green Mangoes blog made an interesting point on the importance of sports in the business world:

“My friend Anna, who is Hungarian, told me once that when she was in school in Hungary, studying English, she took a course on doing business in America.  (Maybe that wasn’t the title, but that was the topic.)    One of the things they stressed as a key to being successful in business dealings with Americans was to be familiar with the names and current records of sports teams.   Because there is no better way ‘in’ than , ‘Hey, how about those [fill in name of appropriate sports team here]?  Think they can go all the way this year?’”

To summarize up the underlying reason why sports are essential in business, I would like to go back to the Young and Frugal blog:

“Talking sports is about relationships. The emotional connection that forms between you and “your” team, the relationship that forms with your co-worker because his team is your team’s rival, and the relationship of feeling that if you can have a good conversation with someone about sports, you can have a good conversation with them about anything. On the contrary, when meeting someone who doesn’t follow sports it’s extremely difficult to break the ice and find a common ground. Up- to-date knowledge of sports is a key part of business in today’s world because businesses are about relationships, and sports can be the key to developing strong relationships.”

After this I thought I had what I needed for recruiting down: news and sports. In addition, when I think back to my prior experiences with recruiters, it is true that I have discussed sports and current events many times, but many conversations centered on pop culture like movies, music and TV shows. Talking about these things has the same effect as sports, they help establish relationships. Talking about these things helps me to determine if I could work with someone for over 8 hours a day. If we like the same movies and TV shows, we most likely have very similar senses of humor and personalities.

This revelation helps me in two ways. First, it will help me prepare for recruiting and building relationships. Second, it will help me convince my parents  it is essential for me to catch up on all my TV shows over break!

Is the classical accounting personality required for success?

You don't have to be a stereotypical accountant like Angela (from The Office) to be successful!

I just read an interesting research article about personality types that succeed in accounting. The article by Bealing, Baker, and Russo researches the Myers-Briggs personality types of graduating accounting students and compares them to the personality type of other graduating business students. The overall Myers-Briggs personality type for accounting students was ESTJ.

For those of you unfamiliar with Myers-Briggs personality type, it measures the perception of individuals and classifies them into one of sixteen different personality types based on four different characteristics (Side note: I highly recommend everyone takes this test, its jaw-dropping to see its description of your personality and definitely helps you become more self-aware. I also think it is crucial for successful teamwork because it helps me understand how others are approaching the same problem but getting such different results.) An ESTJ means that the individual is extroverted (outgoing), sensing (paying attention to information that you collect through your five senses), thinking (making objective decisions), and judging (prefer a structured life style).

You might be asking why I am I telling you this. Am I trying to say that if you are not an ESTJ, you will not be successful in the Texas MPA program? DEFINITELY NOT! Continue reading Is the classical accounting personality required for success?

Accountants: Unexpected Heroes of the World

As the semester has gotten harder, a good number of my peers have considered if all of this work is truly worth it. Some of the people I’ve spoken to are thinking of trying to find a more rewarding profession, such as nonprofit work, or helping people in some way or another.  As much as they love accounting, sometimes it’s hard to see the big picture of why accounting is such rewarding work and how it can change people’s life. I took these sentiments personally because I feel accounting can be one of the most rewarding professions in helping others, and decided to do some research.

 

The first article I found was by Brenda Lee Tang of the Trinidad Express from November of last year called “Why accountants are the new heroes”.  In this article she says that accounting is “important work to be done on an ethical level.” Accountants are committed to the public good and are taught in ethical practices. We are an independent voice that stakeholders can trust. My personal favorite part of the article was the following paragraph:

“The impact of accountants’ professionalism will be most keenly felt in developing economies. Aided by their integrity and commitment to sustainability, accountants will be able to help create sustainable economic infrastructure, regulatory mechanisms, and codes of governance in places where there were none before. Most importantly of all, they will be vital to the development of the educational infrastructure that will equip the next generation of accountants.” – Brenda Lee Tang

Some people might think that accountants as “heroes” might be too strong a statement. However, I personally use Christopher Reeve’s definition of a hero:
“A hero is an ordinary individual who finds the strength to persevere and endure in spite of overwhelming obstacles.”
I think it’s interesting that it is so hard to find articles that praise the work accountants and auditors do. Especially recently, it seems like every article about accountants is describing audit failures. There are hundreds of front page articles about alleged auditing mistakes, but none about  all the audits that are completed every year without any issues. Continue reading Accountants: Unexpected Heroes of the World

Run Austin!

My dog Rosie and I at the Dallas Turkey Trot sporting our rivalry day spirit!

Whenever I go home to Dallas for Thanksgiving, I love to run the YMCA Turkey Trot. The Dallas Turkey Trot hosts about 35,000 energetic runners, joggers and walkers alike. This particular year, the Turkey Trot made an attempt for a world record for the most people in turkey costumes in one place.

I love this race because it’s the perfect thanksgiving tradition: burning calories before you eat your weight in delicious thanksgiving cuisine.  It’s also a lot of fun because of all the college rivalries. Those who didn’t come in turkey outfits came in all of their collegiate paraphernalia. There are fight songs from all sorts of schools going around the crowd, but non louder than our very own “Texas Fight!” fight song.

I have been running since my junior year of high school, when I joined my school’s track and field team. I was atrocious, but I loved the freedom I felt while running. I continued to run throughout high school, and love to run recreationally in college. Continue reading Run Austin!