Importance of English in Accounting
I'll start by talking about the importance of English in our daily lives.
Today, English is considered the international language. It is known all over the world,
including in films, music, articles and books that are not always translated. So those who
master English are at an advantage.
And in the professional sector, those who master English are already ahead of other
professionals. They are able to acquire knowledge that their competitors in the market
don't have. For candidates vying for a job, this is a huge advantage, as it allows them to
demonstrate their mastery of new concepts and practices.
Even for those who are already in the job market, this ability to gain knowledge due to their
command of English is very useful. After all, this person is able to apply innovative concepts
and perform much better. In this way, the company begins to value this professional.
The best job opportunities on the market require professionals who can communicate
worldwide, and English is necessary. So if your dream is to work for large multinational
corporations, get qualified.
Fluency in English also makes it possible to take part in training programs and events in
other countries, such as specialization courses, workshops and congresses. In this way, it
brings fresh knowledge to the organization and can put it ahead of its competitors on the
market.
Finally, fluency in English helps professionally. It opens the company's doors to the world.
Your ability to communicate in other languages facilitates export operations, as well as
negotiating with suppliers in other countries. So this ability maximizes business profits.
So the fact is that, whatever the position, mastering this language helps you to acquire
knowledge and achieve certifications. This qualification improves performance, which is why
the market is increasingly demanding this requirement when hiring professionals
Once again, the great need for business professionals is related to globalization. After all,
since it became possible to buy and sell from all over the world, anyone who ignores the
possibility of internationalization loses a lot of money.
That's why business professionals need to be prepared to negotiate on a global scale. It is in
foreign markets that they will find new suppliers and customers. In the first case, they will
ensure a reduction in production costs, making their products more competitive. When it
comes to consumers, the obvious consequence is an increase in sales.
Administrators can no longer just speak Portuguese. To make their current company grow
or to have opportunities in larger organizations, they need to be fluent in English. And
there's no point in saying that this only applies to big businesses.
Nowadays, many initiatives are emerging to establish standards and require organizations to
comply with them in order to have a good name in the market. This is the only way they can
establish contracts with other large companies.
Some of these standards also apply to the financial management of the business. They set a
standard and the aim is to bring local (country) accounting standards into line with
international standards.
Companies no longer buy and sell only on the local market. They do business with
organizations in other countries and continents. They therefore want to be sure that there is
conformity between the practices of one place and another, guaranteeing good
performance, high quality and, above all, transparency.
The accountant is one of the key players in this compliance process. They therefore need to
be familiar with these standards, which are published in English. In addition, it is part of
their routine to examine documents from companies in other countries to see if there is
compliance, talk to their managers and make the necessary adjustments until everything is
in line with the rules..