An accountant is responsible for the higher function of designing where necessary, improving or modifying the system of accounts. Accountant supervise and coordinates the work of the book keeper, staff, writes up more important private and impersonal accounts and prepares the annual profit and loss accounts and balance sheet.
Accountant also interprets such accounts, prepares statistical and financial data, there from and advises the proprietors of business generally, on all the higher and more important aspects of accountancy and finance.
Accounting is the act of keeping records of all financial aspects of a company. Accountants record and calculate all expenses going out and all profits coming in so that they can determine a companies net profit.
The main duties of an accountant is to prepare income tax returns and/or balance a businesses or person's books. They spend a lot of time working with numbers and computer programs that run these numbers.
1.recording information
2.classification of data
3.making summaries
4.dealing with financial transactions
5.interpreting financial information
6. communicating the results
There are many functions of accounting. The four main ones are bookkeeping, summarizing accounts, reconciling bank statements and giving financial status of an organization.
The 5 major functions of accounting are recording, classification, analysis and Interprets, Communication and Summarizing. These functions defines the accounting profession.
The functions of management accounting include: Budget control, ratio analysis, fund flow analysis and cash flow analysis. Management accountingâ??s main function is to collect accounting data which is useful for different managerial functions.
Explain discounting of accounting policies
accounting functions
discuss brifly various types of accounting packages along with their functions
Explain cost center in the context of cost accounting
Topic sentences introduce the main idea of a paragraph and provide a roadmap for the reader to understand the content that follows. They help maintain focus and coherence in writing by summarizing the key point or argument that will be discussed in the paragraph.
Capture the readers interest and to explain, or to discuss and argue for your thesis.
Explain the derivative functions of money?
what are the implications of accounting principles
Accounting is often referred to as "the language of business."
explain accounting policy involves politics?