Corporate Training Institute of Namibia

In order to ensure that University students and graduates receive practical entrepreneurship skills and contribute to the wider development of Namibia, Oshakati Mentorship Training Institute will offer them systematic entrepreneurship guidance and mentorship. Last-year students will receive semester-based practical, one-month long workshops. The workshops are based on the design thinking approach developed by the Oshakati Mentorship Training Institute, the lean startup approach of Steve Blank, and digital fabrication workshops intended to bring the students’ projects into life.

The institute will also invite private stakeholders for a week-long mentorship. The guidance is based on the same curriculum of design thinking, lean startup, and digital fabrication. The objective of these workshops is to support Namibia members who are aiming to develop new ventures and/or those who are already employed by local companies. Alternatively, even those who want to work as freelancers. Every company is in search of innovative employees; Oshakati Mentorship Training Institute will create them.

KEY TAKEAWAYS
Financial careers for those with math knowledge and a love for numbers may include either accounting or auditing.
Accountants are responsible for preparing financial documents, monitoring day-to-day bookkeeping for a firm’s operations, and/or preparing and filing tax forms.
Auditors verify the accuracy of financial statements and tax filings and may search for clues as to why some figures don’t quite add up.
Visit Our Website for Courses On Offer At www.omti.com.na alt email: [email protected] alt +264812911960

Accounting

An accountant is a common career choice for those with an analytical mindset and a desire to work with business or personal financial data. An accountant primarily provides in-depth analysis and accurate reporting on financial records, most often completed as a supporting role to a Chief Financial Officer (CFO) or a company’s finance department. Accountants also work directly with individuals to review financial records for tax filing for individuals or businesses. An individual trained as an accountant has the opportunity to work in a small, medium, or large company in either the public or private sector, as an independent in his own firm, or as a consultant or contractor to companies or nonprofit organizations.

Accountants are interested in specific and exacting details, day-to-day operations, financial accuracy, and taxes. For example, an accountant describes the present reality of a company or an individual’s finances.

Credentials are extremely important to accountants and financial analysts. Entry-level accounting jobs may require a recognized professional title, but advancement certainly depends on it. Pursuing a degree in accounting is the most obvious undergraduate course of action for a future accountant.

Each career choice has one dominant professional certification. For accountants, it is the title of Certified Public Accountant (CPA), which is bestowed by the Uniform Certified Public Accountant Examination and established by the Authorized Institute of Certified Public Accountants. This is probably the most widely known and recognized professional designation in the financial industry.

Auditing

Auditors come in behind accountants and verify the work they do. They examine the financial statements prepared by accountants and ensure they represent the company’s financial position accurately. Auditors verify that these financial statements, particularly the ones of public companies that are required to be released annually, are assembled in accordance with generally accepted accounting principles (GAAP).

Like accountants, an auditor can work internally for a specific company or for a third party, such as a public accounting firm, to audit various businesses. Additionally, many auditors are employed by government and regulatory bodies, most notably the Internal Revenue Service (IRS).

Auditing
Auditors come in behind accountants and verify the work they do. They examine the financial statements prepared by accountants and ensure they represent the company’s financial position accurately. Auditors verify that these financial statements, particularly the ones of public companies that are required to be released annually, are assembled in accordance with generally accepted accounting principles (GAAP).
Like accountants, an auditor can work internally for a specific company or for a third party, such as a public accounting firm, to audit various businesses. Additionally, many auditors are employed by government and regulatory bodies, most notably the Internal Revenue Service (IRS).
Visit Us At www.omti.com.na Alt: email: [email protected] / [email protected]