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Accountancy is an art of communicating financial information wherein we learn a lot of activities such as how to prepare financial statements and record business transactions with computing costs & effective gains from new technologies, tax strategies, keep track of financial performance and much more. The Father of Accounting is Luca Pacioli who codified it in such a way accounts are done today. For becoming a successful accountant, an individual should have an analytical understanding of finances. Moreover, he should have interpersonal skills, good communication skills and market awareness. Accounting programs offer enormous of job opportunities to everyone for instance:-
Financial Accountant Financial accounting is basically based on some rules and regulations which have been issued by the Securities and Exchange Commission (SEC), the International Accounting Standards Committee (IASC) and the Financial Accounting Standards Board (FASB). As a Financial Accountant, an individual prepare financial statements for decision makers like government agencies, stockholders, banks, employees, owners and others.
The term Government Accounting refers to the various accounting systems which have been used by many public sector entities. As Government Accountant, an individual can get employment by the federal government as a part of IRS or any other budget or asset management division. Public Accountant Public accounting is the most varied type including many tasks for e.g. account management, bookkeeping and financial analysis for individuals, public firms, business men, government or NGOs. Additionally, it also includes analyzing historical financial data to check for any kind of discrepancies like money laundering, frauds, embezzlement and any other illegal financial transaction. A Public Accountant involves in external auditing or forensic accounting. Tax Accountant A Tax Accountant assists an individual or companies to file an income tax return. He also suggests how you can plan for taxes. As an accountant, he should aware of rules and regulations pertaining to tax policies. Sarvesh is a webmaster of Classontheweb.com which is an |


