10/21/2024

The Importance of Emotional Intelligence in a CPA’s Career

Four components define EQ

To succeed in the highly competitive world of financial consulting, accounting professionals must possess the right mix of technical expertise and soft skills – think ‘emotional intelligence (EI).’ As discussed in an article published by Harvard Business Review, EI plays an increasingly significant role in today’s business environment. Therefore, it’s vital that you optimize your EI to improve your bottom line and increase your organization’s job satisfaction, engagement, and retention rates. 

Let’s start by explaining what emotional intelligence is. According to the HelpGuide.org blog, “Improving Emotional Intelligence” EI “is the ability to understand, use and manage your own emotions in positive ways to relieve stress, communicate effectively, empathize with others, overcome challenges and defuse conflict.” EI helps build stronger relationships, succeed at work and achieve your career and personal goals. “It can also help you to connect with your feelings, turn intention into action and make informed decisions about what matters most to you.”

Four components define emotional intelligence: self-awareness, social awareness, self-management and relationship management.  

Please select this link to read the complete blogpost from Peter Margaritis: The Accidental Accountant.