How do you keep up with the latest developments in accounting and financial reporting practices?
This question is to see if you take the initiative to stay current on the latest accounting developments. If you are a CPA, talk about how you use mandatory continuing education requirements to stay up to date on the latest trends and regulations. Also, subscribing to e-letters and joining trade groups are other great ways to keep current on relevant developments.
"I stay up to date in various ways. First, as a CPA I am required to obtain 80 hours of continuing education every two years. I use this to my advantage by taking courses that are most relevant to my organization's industry and my job responsibilities. Additionally, I like to absorb information in other ways such as reading newsletters and participating in industry groups. I am always looking for ways to expand my knowledge."
Community answers are written by other candidates practicing this set. Reading how others frame the same question is one of the fastest ways to sharpen your own.
Anonymous Answer
I am a member of the accountants' body in my Country, and I read about business news so that I can stay updated. I am also planning to further my studies in accounting.
Chad's Feedback
Good! It is important to stay current on the latest accounting developments, and it sounds like you are committed to learning and remaining up-to-date. However, I suggest being more specific to strengthen your response. For instance, you may want to let the interviewer know your preferred source of business news or discuss where you plan to study accounting.
