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2007-02-02 11:23:14 · 5 answers · asked by thirteen 1 in Business & Finance Careers & Employment

5 answers

Accountants originally worked only in public practice, selling advice and services to other individuals and businesses, but today, in addition, many work within private corporations, the financial industry and various government bodies.

Accountants are independent business advisers, they are in a position to help the clients build and develop their businesses. Accountants can offer an extensive range of service

Accountants, who are legally registered auditors, may audit a company's accounts - such an audit may, in some circumstances, be required by law.


Accountants also can provide a variety of services that improve and assure the quality of information, or its context, for business decision-making. And also be ensuring that financial statements reflect fairly the financial performance of the company.

Preventing, detecting, and investigating financial frauds such as embezzlement, securities fraud, tax evasion, and money-laundering schemes. Demand for this specialty has grown significantly as a result of recent corporate scandals.

Addressing how companies can be both environmentally responsible and profitable. This includes focusing the variety of projects like environmental compliance audits and managing and preventing claims and disputes.

Accountants may set up systems to ensure that the clients know how their businesses are performing. Additional services offered include budgeting and performance monitoring and helping to ensure that a business runs in a smooth and efficient manner.

Accountants may offer advice on how to finance a business and how to buy or sell a business, as well as other related considerations. Such as providing a variety of services to organizations and individuals that interpret and add value by utilizing a wide range of financial information.


Accountants are able to offer advice on tax including corporation tax, income tax, capital gains tax.
Business advisers can also offer tax planning advice and minimize your tax liability now and in the future.

Accountants can provide independent advice to managers of businesses



Accountants &auditors keep track of a company's money.
The company's managers and people outside the company read their reports.
Managers look at the accountants' reports to see how well their companies are doing. Governments use the reports to tell how much tax a company should pay.
Some people read them to decide if they want to do business with the company. Others use them to decide if they want to lend money to the company or not.

There are 4 kinds of accountants.

1 Public accountants work for public accounting companies. They do accounting, auditing, tax, and consulting work. Some have their own businesses.
They do many different kinds of accounting for people outside the company.
2 Management accountants keep track of the money spent and made by the companies for which they work.
3 Internal auditors make sure that a company's accounting records are right. They check the records to see that no one in the company is stealing&also check to see that no one in the company is wasting the company's money.
4 Government accountants and auditors make sure that government accounting records are right & check the records of people doing business with the government.

Accountants& auditors work in offices.
They generally work a standard 40-hour week, but some work 50 hours a week or more. Tax accountants often work long hours during the tax season, from January to April.
Accountants working for the government and public companies travel to audit other companies or branches of their own company.

2007-02-02 11:36:06 · answer #1 · answered by Anonymous · 0 0

There are many aspects to business including understanding the customers, the buying, the people and they are all interellated. An accountants role is to understand the financial aspects of the business for two reasons

1) to control the costs and profits
2) to make sure everyone else understands them and what is going on

Being an accountant can be quite technical knowing how to do things and knowing the rules but because it also gives an excellent understanding of the business if you want to do more provides an excellent platform to do other things in business later on.

2007-02-02 11:49:29 · answer #2 · answered by Anonymous · 1 0

Math.

2007-02-02 11:30:56 · answer #3 · answered by ICG 5 · 0 1

keeps your books in order. help file your taxes.gives you tax advise etc and more

2007-02-02 11:29:22 · answer #4 · answered by binda 3 · 1 0

count other peoples money

2007-02-02 11:25:22 · answer #5 · answered by KrAtOs 1 · 0 1

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