Essays on Bookkeepers

Introduction

Accounting is loosely defined as the action of keeping accounts that are financial in nature. Careers in accounting are numerous. They include auditors, accountants, Bookkeepers and Management Trainees. Auditors are people with extensive knowledge in accounting. They are tasked with examining and analyzing the financial records of companies. Auditors are individuals who ensure that financial records are accurate and that remittance of taxes is done accordingly and in time. They are people who calculate the taxes that companies owe the Revenue Authorities. The auditors are individuals who suggest ways and mechanism of cost reduction and organize the financial records ...

Essay

Careers In Accounting Accounting is always a demanding field, and amount of positions offered to potential employees is huge. First career option is an accountant. The most common responsibilities of accountants are bookkeeping, auditing of finance, tax preparation. Accountants are needed in the sphere of education, business, health care, government and some other ones. Salaries of accountants are increasing every year. Common educational requirement is to have bachelor’s degree in accounting. One who is eager to start career as an accountant should posses career focus. It will be good to have certifications in the professional sphere that will ...

Career options in accounting

Accountants have various career paths that they can choose. The main options are public, industry and government accounting. In public accounting, the CPAs work for various firms ranging from small and local firms to large and international corporations. In the firms, the accountants work in areas such as tax, audit and management consulting. In industry and business, the accountants work for varied size firms in areas including, financial analysis, management accounting, financial accounting as well as reporting. With that, the accountants can offer services in specialized fields such as business valuation, financial forensics, IT consulting and financial planning. Also, ...

Introduction

A financial statement refers to a report that gives the summary of how the funds entrusted to the firm by the shareholders or lenders have been used, as well as its financial position at the moment (Financial Statement, n. d.). There are different types of financial statements in accountings (Accounting-Simplified.com. n. d.): Income Statement (Profit and Loss Statement): The statement reports the financial performance of the company given as the net profit/loss for over a given period. It consists of two elements, which are income and expense. The net profit/loss is given by the income minus the expenses. ...