My Account
Preview
Preview

Essay about The Importance Of Accounting In Our Modern Society

:: 4 Works Cited
Length: 2459 words (7 double-spaced pages)
Rating: Blue      
Open Document
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

The Importance Of Accounting In Our Modern Society


Accounting is a very important term to our modern society. It is the career for men and women who at the start have their eyes set on top positions in industry, management, government, and general business. Accounting is a basic need of every businessman, from the operator of a filling station to the government of the United States. It's so important to our society. None of the business organization can operate without is. They are there-somewhere-in every business. In small business, people use pen, ink and skill keep the records. In large business, modern accounting machines are used to operate. Men and women are directing these machines in the accounting process. Wise businessmen enter business must have some accounting knowledge.

Accounting is a vital element of business. It records the way a business has grown and, after analyzing figures, suggests the way it should go in the future. Furtunes are gambled on the advice of accountants.

If your friend has ever operated a business and you saw him placing figures in ledgers, then you saw him doing bookkeeping. If you have worked at a service station or supermarket and have seen books with large sheets lined in green and red lying on the manager's table or desk, you saw books of accounting.

Accounting is one of the fastest growing fields in the United States It expands each time a new store, a factory, a filling station, or a school goes up, whether in a large city or a small town. In today's society, the demand for good accountants for exceeds the supply. As our country has expanded, business and industry have become more and more complex, so control here is very important. And control depends on a great deal of the bookkeepers and accountants who can analyze figues and advise management on what should be done. They are using more scientific ways changing money, figuring change, and collecting sales taxes. Moreover, department stores and other companies now have plants and offices widely scattered throughout the country. A new set of bookkeepers and accountants, is needed at each branch. I know there are many managements supervisory, and junior or senior executive positions are bing filled by people who started as accountants because accountants have the knowledge of methods and finance and comprehension of the fundamentals of business, and acc...


... middle of paper ...


...nd more employers prefer employees with some knowledge of bookkeeping and accounting. There are other some examples of accounting job are required in different business:

Office Manager?accountant, excellent salary, may advance to plany controller.
Typist?bookkeeper
Stenegrapher?bookkeeper
Statistical Clerk?bookkeeper
Typist?some bookkeeping preferable
Church Secretary?bookkeeping experience essential
Secretary?typist, general bookkeeper
Salesman?experienced in bookkeeping
Accounting is so important in our modern society. It serves a variety range of place in our society. It serves a variety range of place in our soceity, from school to hospital, from business firm to government agencies. It's also the main force in regulation of taxation and industrial activity. It serves a great aspects on the development of mass-production systems, any way, it's a very important term in our modern soceity.


Bibliography

1. Backer, M., 'Handbook of Modern Accounting Therory.';

2. Abbott, Lawrence, 'Economics and The Modern World.';

3. J.K. Lasser Tax Institute, 'How to start and Build a successful business.';

4. Don E. Garner 'The Nature and purpose of accounting.';


Click the button above to view the complete essay, speech, term paper, or research paper








This essay is 100% guaranteed.


Title Length Color Rating  
How the Merchants of Venice Created Modern Finance by Jane G. White Essay - How the Merchants of Venice Created Modern Finance, Jane Gleeson-White explores the development of double-entry accounting from its ancient roots up to its impacts on modern day society. She shows that the effects of double-entry accounting are widespread and encompass almost every aspect of life, not just those involving accounting and finance. Gleeson-White delves into topics ranging from the economic system of capitalism to environmental degradation. She even includes a brief psychology discussion comparing corporations to psychopaths....   [tags: double entry accounting, capitalism]
:: 1 Works Cited
1138 words
(3.3 pages)
Strong Essays [preview]
Pythagoras and His Contributions to Modern Mathematics Essays - Pythagoras is truly a man unlike any other throughout history. Perhaps his greatest achievements are within the realm of mathematics; with his greatest known theory being the Pythagorean Theorem. His theory is so well known that even today it peaks the interests of many mathematicians, with more than 400 proofs being spawned off of his original theorem. Though his theorem is common knowledge in this modern age, his life still remains a mystery to most, similar to most pre-Socratic philosophers....   [tags: Mathematics, Biography, Pythagorean Theorem]
:: 2 Works Cited
1194 words
(3.4 pages)
Strong Essays [preview]
Puritan Society Essay - The modern use of the word puritan is commonly used to describe someone who may have hard line views on sex, discredits recreational activities, and continually tries to impose their beliefs on others they come into contact with. However the term "Puritan" in the sense of this was not coined until the 1560s, when it appeared as a term of abuse for those who found the Elizabethan Religious Settlement of inadequate (Henretta pg 98). Puritanism has had a historical importance over time and most general views must understand the way it changed character and emphasis almost decade by decade....   [tags: Religion ]
:: 4 Works Cited
1647 words
(4.7 pages)
Powerful Essays [preview]
Essay on The Accounting Career and Its Contributions to Society - Since the day we are able to comprehend, our parents have tried to set a good example for us to understand the importance of right and wrong and how to act in many situations. As we get older to attend school, our teachers, family, and friends also influence our daily lives. During our journey to adulthood, we come across everyday challenges of whether to be ethical or unethical in situations we find ourselves in. When entering our career profession, we are taught and trained by the company to understand their ethical codes of conduct, such as in an accounting career....   [tags: accounting scandal, right, wrong, morality]
:: 5 Works Cited
965 words
(2.8 pages)
Better Essays [preview]
Accounting profit and True Profit Essay - In first part of the assignments, I have narrowly defined the term accounting profit, forming a technical discussion on the basic accruals concept and the literal difference between accounting profit and true profit. This was portrayed by Hines (1988) as simply ‘measuring the reality’ without questioning who created the reality. Throughout this module, I have developed awareness on the level of sovereignty held by the standards-setters who determine how accounting profit is calculated. Instead of focusing on accrual assumptions, this essay will examine the formulation and implementation of the Conceptual Framework as a whole....   [tags: accounting policies, accounting practices]
:: 13 Works Cited
996 words
(2.8 pages)
Better Essays [preview]
Essay on Jon Krakauer: Modern Youth Transcendentalism - When the original writers of transcendentalism detailed their experiences, they had no idea of the magnitude of self-reflection they would trigger. Thousands of American youth follow their writings and findings looking for a better life and brighter future. Writers such as Thoreau and Emerson, as well as others, inspired a multitude of individuals to observe their surroundings and become more than themselves. Throughout modern American society, the majority of youths attempt to follow a transcendental path in their everyday lives; however they find it difficult due to a loss of nature, less individuality, and conformist teachings....   [tags: modern society, ideals, principles]
:: 4 Works Cited
873 words
(2.5 pages)
Better Essays [preview]
Is Modern Society Really Great? Essay - Is Modern Society Really Great. All our lives we have been taught that change is good, but perhaps we should begin questioning our knowledgeable teachers. All non-western countries are changing today. They too are leaving behind traditional society and making the adjustment to Modern Society. Modern society is very different from traditional society. Traditional society had a low level of urbanization; in fact, 95% of the people lived in agricultural and rural areas. These areas were basically self-sufficient where the people took care of themselves....   [tags: Society Societies Culture Essays] 1542 words
(4.4 pages)
Powerful Essays [preview]
Accrual Accounting vs. Cash Accounting Essay - The recording of financial activities in a business is essential in making sure accurate information is provided for decision making. Zafirakis (2005:4) states that "Accrual accounting is the cornerstone of modern accounting procedures." In this essay, the importance of accrual accounting will be considered by looking at how it functions in the Double Entry System and comparing it to cash accounting, another method of gathering financial information. Time and an accurate accounting measurement is what will be considered in determining the importance of accrual accounting....   [tags: Financial Accounting Basis]
:: 2 Works Cited
1134 words
(3.2 pages)
Strong Essays [preview]
History of Accounting Essay - History of Accounting The history of accounting I feel is important in the learning, understanding, and developing of my foundation for my accounting career. In this report you will learn about the development of accounting. You will learn about the people who influenced accounting the most throughout the years. You will learn how accounting came about and how it was used in the ancient times. You will learn about the invention of the double-entry bookkeeping processes. You will learn how things were done before the birth of the double-entry bookkeeping process....   [tags: Accounting Employment Bookkeeping Essays] 3105 words
(8.9 pages)
Powerful Essays [preview]
Accounting Essay - Accounting On September 28, 1998, Chairman of the U.S. Securities and Exchange Commission Arthur Levitt sounded the call to arms in the financial community. Levitt asked for, "immediate and coordinated action… to assure credibility and transparency" of financial reporting. Levitt’s speech emphasized the importance of clear financial reporting to those gathered at New York University. Reporting which has bowed to the pressures and tricks of earnings management. Levitt specifically addresses five of the most popular tricks used by firms to smooth earnings....   [tags: Accounting Finances Money Essays]
:: 15 Works Cited
2347 words
(6.7 pages)
Strong Essays [preview]