Why Accounting Internships Perfectly Compliment a Degree in Accounting

busy accountant

There are many fine educational institutions across Australia that will provide a degree in accounting for those young professionals eager to earn their credentials.

Being taught the profession by lecturers and teachers who understand the craft is incredibly beneficial, applying these skills and sets of knowledge to assessment materials that will garner an outcome.

Yet there are men and women who do find the transition between the classroom and the office a difficult one.

Fortunately there are accounting internships available for these participants, giving them a chance to apply their skills to a real world environment.

We will discuss why these programs perfectly compliment the philosophical progression made at university.


Real World Experience

While the concept of ‘real world experience’ can come across as patronising to university students, there is truth for the necessity to understand a commercial environment as opposed to a lecture room. Many students will be able to apply themselves well and take to the new role, but the involvement of accounting internships for even a 2-3 week period can be enough to bridge that gap. The actions alone of waking up on time, travelling to the office, feeling comfortable in that space, working alongside professionals and representing the interests of the client cannot be replicated at university.


Encountering Challenges in Real Time

accounting papers

Accounting internships are not always easy and seamless. There will be occasions where interns will struggle to grasp a task or reach the outcome that they were targeting. Rather than seeing this experience as a roadblock to their success, it will be overcoming these moments where real growth and development will take place. Participants need to have the courage of conviction to ask questions of their peers, to clarify information and to handle tasks that were assigned to them. This will push personal boundaries and help to shape the belief of men and women who would otherwise be untested in these scenarios.


Networking With Other Professionals

There is no substitute for networking with experienced professionals in the workplace. These relationships will help to ground participants of accounting internships, offering them support and guidance in a new environment. The program does not even need to result in a permanent full-time position for this placement to be considered beneficial, creating a series of contacts, reference points and sometimes friendships to help open a new door.


Helping to Shape the Accounting Degree

Often there can be a breakdown for those participants who are studying their craft at university level when they are trying to connect the theory to the actual practice. This is where accounting internships offer tangible assistance to shape the degree and offer points of reference. From applying themselves in the tax domain or assessing sets of data to shifting to audits, there are different facets of the discipline where the internship can shed new light on and provide assistance for the degree itself.


Confirming or Questioning Career Direction

The final benefit of engaging in accounting internships is that they will help to push participants in one of two different directions: confirming the career path or putting it into question with potential other professions emerging as possibilities. Either scenario is perfectly fine because it can be the lack of clarity that creates stress and confusion for university students, fearing that they are not applying their skills in the right direction. By being involved in a professional setting, it can help to provide that extra level of confidence that this is the right path forward. Likewise, there will be others who prefer to take their credentials to new industries, giving them the grounding to further their progression elsewhere. That is where accounting internships really do compliment the learning of an accounting degree.


The Role Of The Producer In Media World

Many people ask me what is a producer, or tell me that they are looking for a producer to finance their film … I realized that there was really a lot of misunderstanding about the role of the producer. It turns out to be my core business, and I did some studies in production management .

Finally, producer, it does not mean anything. You may have heard about the executive producer , the production manager, the executive producer, the executive producer, the production assistant … What are the roles of all these people?

We can divide production into 2 “families”  :

– delegated production

– the production direction

 1 / Delegated Production

This is what comes closest to the cliché of the producer. The executive producer is the one who is responsible for the good end of the film . Contrary to what we can believe, it is not the executive producer and his production company that finances the film. The executive producer participates in the financing by bringing money or bringing material, human resources, etc. His real mission is to gather all the capital that will make it possible to make the film: he will go to get the money from the public aid, the Regions, the CNC, the TV, perhaps possibly the product placement.

This executive producer is a little “big boss” of the film because he is responsible for his great end against the people who have invested money.

In the USA, it does not happen like in France; it’s complicated to make comparisons. The executive producer is more like the executive producer than the executive producer, but the executive producer is the one we imagine with the big car and the cigar. It is a cliché obviously, but it is the delegated producer who will carry the project from financing and who will work jointly with the director to give birth to the film.

2 / THe Production Direction

Here, the boss is the production manager; his mission is to enforce the work plan.

He is a technician, just like the chief operator or the first real assistant. He is in charge of all the logistic part, the “state” of the film and he must be able to hold the work plan (see a video on the work plan ).

Every day of filming costs money. On the work plan, we have X shooting days planned. He has to keep this work plan in line with the budget. It is usually him who will estimate and manage the budget of a film. He will dispatcher the money to all trades, he will keep cash for the unexpected, and he will cap all this small world. The production manager is, therefore, a technician who is in charge of logistics.

 What Is The Executive Producer?

In France, it is a kind of “super director of production.” It is used for example in the context of shooting with particular constraints. For instance, if there are 20 days of filming in a foreign country, an executive producer can be used because he is familiar with the terrain and the specific constraints.

We must have a lot of production skills, both in terms of “delegated production” and “production direction.”

If you want to deepen this notion of producers and production, I invite you to discover the category dedicated to all the production and financing part of a film on the site ”  Learning the cinema.”

At first, most of the shootings you will do will be self-produced shoots, with no production company or executive producer to carry the film with you. On self-produced shoots, you have a double or even a triple hat: you are a director, a producer-delegate (it’s you who will look for financing by alternative schemes: crowdfunding, associative aids, love money, etc.) You will also have a third cap of production director: it will also be up to you to manage all the logistics. In self-produced shoots, all stations have double caps. Your first assistant will undoubtedly help you with the aspects “director of production,” he will also be propped… In short, when you realize this first short film, you will be at the same time producer delegate, director and director of production!