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what are the accounting areas governing accounting profession

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Q: What are the accounting area governing accounting profession?
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What are the four area of accounting profession?

practice in public accounting practice in commerce and industry practice in the government practice in education / academe By: Grace Abigail Bautista :)


Why would someone choose accounting as a profession?

Someone who is good with math and numbers would choose accounting as a profession


How has fraud had an impact on the accounting profession?

Fraud has impacted the accounting profession by introducing increased regulations. The Surbanes Oxley Act was partly a reaction to accounting fraud.


What are the accounting areas governing accounting profession?

1.to become a manager in bank. 2. CEO 3.ca 4.cs 5.cfa 6.b.com,m.com,m.phill, pH.D 7.icwa 8.bbm and bba 9. cashiers 10. VP 11.gm,cmd, CFO. if you know these full form you will understand accounting profession and very useful before starting a business.


What are the governing bodies of accounting?

Please refer to GAAP Principles.


If you are only accounting student working in accounting do you call it accountant?

First of all, with language skills like these, you need not be in the accounting profession. An accountant is one who practices accounting as his/her profession. Therefore, I would argue that students involved in higher level accounting education are still considered to be students, rather than accountants.


In what profession may someone use a balance sheet?

A person in the profession of business finance will use a balance sheet. This area may include investment bankers, realtors, creditors, and other accounting positions within the world of business finance.


What is the 5 main function of accounting?

The 5 major functions of accounting are recording, classification, analysis and Interprets, Communication and Summarizing. These functions defines the accounting profession.


What career area is accounting in?

accounting


When did the federal government insert itself into the profession of accounting?

Then, in 1913, Congress established the Federal Reserve System and, one year later, the Federal Trade Commission (FTC). From this date forward, federal agencies have had an increasing impact on the profession of accounting.


What profession is skilled in tax info?

Accounting is the profession that would have individuals skilled in tax information. A Certified Public Accountant would be a good choice for help.


What is different between accounting and bookkeeping?

You can understand it as Eating ==> Accounting, Food ==> Accountancy Accountancy is profession while accounting is methodology.