what does an accountant do?

Answer 1

Accountant, or Qualified Accountant, or Professional Accountant, or Accountancy Practitioner, is a legally certified accountancy and financial expert. 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.

Accountancy (profession) or accounting (methodology) is the measurement, disclosure or provision of assurance about financial information that helps managers, investors, tax authorities and other decision makers make resource allocation decisions.

Answer 2

It depends.

Accounting like just about everything else now offers specializations in fields as Tax or Reporting or General Accounting or Forensic and so on.

A tax accountant will spend his or her day interpreting tax issues and how to minimize a company's tax liability. They also play a role in corporate strategy by predicting tax affects of certain projects.

A Financial Reporting Accountant spends the day preparing financial reports and interpreting GAAP and so on.

A General Accountant typically prepares P&L reports, AR, AP and the like...the day to day issues of accounting...the traditional view so to speak.

Lastly, forensic accountants do just that, reverse engineer reports and data to uncover fraud or extortion or other bad behavior.

There are more but I think you get the idea by now.

Answer 3

accounts for all money payed out and taken in for a company

Answer 4

Its what we call postmortem. Account everything that has already happened.

Answer 5

Audits, financial reports, income taxes, bookkeeping, financial consulting. . . etc.

In addition, some play golf, go to church, dance, play sports, etc.