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Short note on accountant as a career
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One of the most important jobs is an accountant. They very important because taxes are very complex and they are changing every year. They work on businesses records of assets and liabilities. There are many things to consider before becoming an accountant. They need a good education have a good math background.
The nature of the work for an accountant is to maintain records of the assets and debts for a business or an individual and keep records of all financial transactions. They use this information to project the financial future of the business (“Wiscareers”). They prepare and analyze financial reports. Some of the reports are the balance sheet, income statement, and tax returns. Public accountants work for businesses or they offer their services to the public on a fee basis. They divide their time among their clients (“Public Accountant Job Description”).
Public accountants can give companies independent, unbiased advice concerning their finances. They can be hired to prepare annual reports that are presented to the stockholders of the corporations. Those reports show the state of a company's finances to the stockholders of the company (“Public Accountant Job Description”).
Accountants must be familiar with the tax laws concerning their client's professions or business. They are responsible for budgeting, performance evaluation of the company, cost management, and asset management. They interpret the financial information that corporate executives need in order to make sound business decisions. They also prepare the reports for creditors, regulatory agencies, and tax authorities (“Accountants and Auditors”).
Some public accountants specialize in forensic accounting, which is investigating and interpreting...
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... public firms. They help companies run efficiently by keeping track of assets and liabilities of the company.
Works Cited
“Accountants and Auditors." U.S. Bureau of Labor Statistics. Web. 19 Nov. 2009. .
“Accounting Job Description." Degree Source. Web. 19 Nov. 2009. .
“Public Accountant Job Description, Career as a Public Accountant, Salary, Employment - Definition and Nature of the Work, Education and Training Requirements, Getting the Job." Job Descriptions and Careers, Career and Job Opportunities, Career Search, and Career Choices and Profiles. Web. 19 Nov. 2009. .
WISCareers. Web. 19 Nov. 2009. http://wiscareers.wisc.edu/C_CVstuff/occinfo.asp?Area=gen&Num=00073.
If I were to conduct a job analysis in a company with no job description, I would follow two steps to assist in the creation of a description. My first task would be to ask the supervisor what the job title is, the purpose of the position, and who the employee will be reporting to, as mentioned in the job description handout. My second task would be to go on O*Net to obtain the specific details of the occupation; such as skills,
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...
The duties of a payroll accountant can include “ensuring the accuracy of payroll and tax documents, ensure the company follows federal, state, and local regulations involved in the payroll process, ensure the correct amount of taxes are withheld, as well as keep track of employee time cards. (Payroll Accounting, n.d.) “ The APA (American Payroll Association) governs the payroll profession. “The APA is a leader in payroll education and training. (Fundamental Payroll Certification (FPC), n.d.)”
There are many careers that have a focus on accounting. The most common is a general accountant. Primary duties include preparing and analyzing the accounting records for a business or individual. (O*Net Online Accountants, 2016) Additionally, accountants will generally prepare tax filings
Accounting ethics has been difficult to control as accountants and auditors must keep in mind the interest of the public while that they remain employed by the company they are auditing. The accountants should take into account how to best apply accounting standards when company faces issues related financial loss. The role of accountant is crucial to society. They serve as financial reporters to owe their primary constraint to public interest. The information provided is critical in aiding managers, investors and others in making crucial economic decisions. An accountant is responsible for any fraudulent financial reporting. Some examples of fraudulent reporting are:
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...
In Management, the accountant gives advices to the individuals and business people, how to manage their business. The account information is considered and some business decisions are taken in both financial and non-financial departments. Budgeting, tax filing, and financial statements. Other activities like involve in planning com...
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.
...an guide an individual down the best financial path. They help one save money, file accurate taxes with the optimal refund, advise and aid in budget planning, forecast and lastly, ensure that you or your business is completely accurate and valid with all that they report. It is crucial that everyone consider the advantages and benefits one can receive from hiring an accountant.
Accounting aids the government and organisations in decision making for their financial stability. This numerical data helps solve real life problems and contributes to how the economy and businesses perform.
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.
I have taken a lot of time this semester to think about and focus on a career path. After much consideration, I am now planning a path to become a licensed accountant. Certified Public Accountants oversee financial operations and examine and make sure financial records are correct. Many people call accounting the “language of business”, because many of the decisions made by companies are not made without looking at an accountant’s report. This job is appealing to me because it is a job that has a routine, I would get to work with numbers, and it is a respectable job that not everyone can do. To pursue this career, I would have to obtain a degree in accounting or a similar degree, like a degree in finances, and pass the Certified Public Accountant exam.
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.
According to Baysa and Concepcion, 2014 “Accounting is defined as a service activity”. Accounting is a service activity because accountants will render service to their customers. They will pay accountants for their services. It is also said that, “Accountants render services by providing information about economic entities that is measured in terms of money.” (Baysa and Conception, 2014) One of the responsibilities of an accountant is to know the current economic entities.