Accounting Clerks
Accounting, bookkeeping, and auditing clerks are financial record-keepers. Their work is to update and maintain accounting records containing of receipts, accounts receivable, expenditures, and profit and loss. These clerks must possess a wide range of skills. The work of a bookkeeper is to maintain books in the company.
Nature of Work
Accounting, bookkeeping, and auditing clerks make a number of calculations every day and they must be comfortable using computers to compute and record data. In small firms, bookkeeping clerks and bookkeepers are accountable for accounts. They maintain all transactions and post debits and credits.
Bookkeeping clerks prepare financial statements and produce reports and summaries for managers and supervisors. Bookkeepers produce bank deposits by putting data together from cashiers, balancing and verifying receipts, and sending checks, cash or other form of payment to the bank. They also deal with payroll, prepare invoices, make purchases, and keep record of overdue accounts.
In some large companies’ accounting departments, accounting clerks have more specialized tasks. They are often titled as accounts receivable clerk or accounts payable clerk. Additionally, their responsibilities differ by level of experience. The work of entry-level accounting clerks is to post details of transactions, compute interest charges, and total accounts.
These clerks may oversee accounts and loans to make sure that, payments are up to date. Some clerks may total, reconcile, and balance billing vouchers, code documents as per the company procedure, and make sure the accuracy and completeness of data on accounts.
The task of accounting clerks is to post transactions in journals and on computer files. They also update these computer files when required. Senior clerks assess computer printouts against regular journals to make required corrections. They may evaluate statements and invoices to ensure that the given information is complete and accurate.
The work of auditing clerks is to verify records of transactions posted by workers. These clerks verify postings, figures, and documents to make sure that they are mathematically accurate and coded properly. They note and correct errors for accountants and other workers to fix.
Accounting clerks, bookkeeping, and auditing clerks use specialized accounting database, spreadsheets, and software. Most of the clerks can enter the information from bills or receipts into computers. This information is stored in the computer. The computer technology enables accounting, bookkeeping, and auditing clerks to carry out additional responsibilities such as procurement, payroll, and billing. These clerks often need to write letters and make phone calls to clients and customers.
The Assistant Manager should be the one who directly supervises the clerks and other subordinates, conducts employee evaluation, and perform all the other managerial positions when unavailable.
Being a food service accountant is a rewarding job that comes with a lot of responsibility. It’s a job that requires one person to be the financial watchdog over the whole food service operation at any particular Air Force base. The food service accountant has to review all financial records, such as purchase order documents, inventory sheets, and waste logs; and then prepare reports to send up to the Services Agency to report on the facility’s financial status. One person can be the accountant for multiple facilities and the entire Air Force is counting on this individual to catch any major signs of wasteful spending from the facilities that the accountant is responsible for overseeing. Individuals lucky enough to get selected for this position are usually handpicked and have a proven record of responsibility and great attention to detail. Being a food service accountant is a privilege with rewarding benefits that most of the people assigned to the same duty section do not get the opportunity to enjoy.
Assignment of responsibility for certain functions of the bookkeeping and accounting process ensures that when a problem occurs a specific person is accountable. This, in turn, provides an incentive to that person to do their job correctly because any issue or problem will be their sole responsibility. Splitting duties has a similar impact on employees. By providing a system of checks and balances, i.e. one person keeps the records while another keeps the assets, the chance for fraud is greatly decrease and honest mistakes are easily caught. There are many physical, mechanical and electronic controls that provide further safety for a company’s assets. These include passwords, safes, alarms, security cameras, time clocks and locks (Kiesco et.al, 2008). The use of an auditor or other third party to independently verify the bookkeeping and accounting procedures performed by employees adds another layer of safeguarding to a company’s inter...
A circuit clerk is a sectary to the court. They keep up with all the marriage files that every been made in the county. Even when the person is dead they keep their name locked in, in the system. Maintaining the rrecords of the court and what not is a big responsibility. You have to be trust worthy and even smart to hold this spot. They circuit clerk is like a secatary of the schoo; they monitor everything that goes on. When a juvenile goes to court, he or she puts that in the book. Registering people to vote me a big part of being a secretary. They either have to pull up files of people that already registered or make sure they register them. Lost files in the court house gets blamed on the clerk because they hold full responsibly of that certain thing. You have to have the right heart to be a clerk. Either you have the ability to stand up for yourself or know how to rule things.
Morrison's definition of an accounting supervisor is someone that oversees accountants and fiscal officers. On top of that, she deals with bank reconciliations, financial statements preparation, and a lot of general banking for the company. As Morrison was describing her duties she chuckled, "That's generally my
The stereotypical image correlated to the account mirrors that of a public accountant. An individual working as a public accountant can expect to work as an independent third party to a multitude of companies. As this third party it is their duty to oversee financial transactions to ensure that the statements of not only the company, but also its’ supporting companies, correctly correspond and match up to the position, results and cash-flow of the clientele. This general quota outlining a public accountants job description is not the same for a private accountant. The main difference between a public and private accountant is that unlike the public and its handle on a multitude of accounts, a private accountant specializes with a certain company or field. With this specialization, a private accountant tackles setting up a system that records the transactions within the business. The recordation of the transactions is then generated into statem...
A bookkeeping clerk helps people organize their money and helps them see what money they have. To become a bookkeeping clerk you have to have a high school diploma, you also have to have some college but a degree is not needed. If you would like to work as a bookkeeping clerk you can get on the job training. The job outlook has a decline of 8% from 2014 to 2024. Most bookkeeping clerks work in offices or sometimes do site visits. The salary range is about $38,390 per year or about $18.46 per hour. The number of jobs in 2014 was 1,760,300 people. The employment change from 2014 to 2024 will be about -148,700. One out of four people work part time, so if you want to go to school to get into a higher level in accounting you
Medical Administrative Assistants have numerous of duties in an office setting. Medical Administrative Assistants can get a job in a doctor office or a hospital. Medical Assistants work more in the front of office and hospital assisting patients and checking them in. By knowing some Medical Assistants I know some of their duties are: scheduling patients, greeting patients, doing paper work, handling insurance problems or statements, and also supervising entry. Medical Administrative Assistants may be asked to do take the patient height or blood pressure. Medical assistants are sometime asked to buy the medical equipment needed in the office. When needed they may also work as the office manager. They conduct the doctor's schedule and type letters and bills (Occupational Outlook Handbook). Accounting has an enormous role in this field such as handling the insurance procedures and billing statements. Billing statements are responsibilities that a patient has gathered overtime. Having a great attitude is very much needed as a medical assistant because that job is in the customer service field. It is the medical assistant’s duty to take care of the fees in a medical facility therefore, knowing how to do accounting is a must know. Some of the duties involve collecting payments from the patient, tracking records of all the payments collected and filing forms out to take action against patients that have not made payments in a long time or just none at all that is why accounting is very important in this job. Accounting is recording financial relations, storing, organizing, retrieving, and presenting information in numerous reports which all goes back to one of the duties of a medical administration assis...
The second step is entering the transactions of the period in appropriate journals. This step consists of taking the journal entries, assigning each to an asset, liability, equity, expense or revenue account(s) to debit and credit. This can be done by almost anyone. I have had jobs where the bookkeeper does the journal entries and figures out which accounts are affected. I have also had jobs where anyone from a receptionist to a staff accountant does this step. If the person doing the journal entries does not have a background in accounting, or is unfamiliar with which accounts are affected, the person submitting the source documents will write down which accounts should be debited and which should be credited. This practice makes doing the journal entries little more than data entry, which can be done by nearly every employee.
Accounting is basically a service activity. Its purpose is to provide quantitative information that principally used by the managers, investors, tax authorities, and other decision makers to make the financial decisions within companies, organizations, and public agencies. Accounting is also widely known as the “language of business.” An accountant measures, communicates, and interprets financial activities. They prepare financial statements or reports for individuals, businesses, government agencies, or other non-profit organizations. They use the accounting systems to categorize the expenses and income to the typical groups. They also keep tract of the money received or paid out to see if the transactions are accurate and complete. Accountants are familiar with the computer operation. They use the computer...
When I think of a financial manager, accountant quickly comes to mind. The role of accountant and financial manager are similar in several ways and often times they work closely together on various projects. The role of an Accountant is to ensure that their organization is run efficiently, make sure their records are accurate, and that their taxes are paid properly and on time. Accountants perform a broad range of accounting, auditing, tax, and consulting activities for their clients. They record and analyze the financial information of the companies for which they work. Other responsibilities include budgeting, performance evaluation, cost management, and asset management. “The role of the financial manager has expanded beyond traditional responsibilities related to company's finances. A financial manager, through his/her understanding of the company's financial health, the current market, and the goals of the company, helps set direction and guides decision making.” Financial managers perform several different task related to finance for their organization they normally oversee the preparation of financial reports, direct investment activities, and implement cash management strategies.
A largely accepted language is required for a business or organization to effectively communicate its results and position to stakeholders, which is why accounting has come to be known as the "language of business". Accounting is really the means for providing financial information to others. Financial analyst then take the data the accountants have compiled in the form of reports, and make educated guesses at what their company should do next. David ballast (1996) stated, "The fact remains that accounting and finance are the primary tools for reducing business problems and opportunities to a common denominator, setting goals, measuring results, and making decisions." (p. 1)
An accountant makes sure that the Nation’s firms are run efficiently, the public records are kept accurately, and that taxes are paid properly and on time (“Accountants and Auditors”). Accounting is the study of how a business tracks their income, assets, expenses, and many other things for a period of time. They also do many other things like quality management, tax strategy, and health care benefits management (“Welcome to Careers in Accounting”). An accountant is crucial to the success of a business, without one the business tends to fail.
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...
A CA (Chartered Accountant) is a professional accountant who has earned the CA title through training and practical experience obtained from the CICA (Canadian Institute of Chartered Accountants). The institute, which has over 66,000 members, conducts research into current business issues and sets accounting and auditing standards for all types of businesses. A CA is a complete professional in the field of Accountancy - informed in the subjects of Accountancy, Auditing, Business Management, Information Technology, Taxation, Corporate and Commercial Law, Financial Management, Economics and other linked subjects.