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A tax accountant is involved in monitoring changes in tax code, ensuring the organization adheres to the relevant tax regulations, preparing tax documents, filing tax returns, and offering tax advice. Forensic accounting deals with the examination of financial records mainly for criminal purposes. Professionals who work in this field must be knowledgeable in both accounting and the law. One can as well work as a financial analyst. A financial analyst's job entails offering financial and investment advice. Also, a financial analyst evaluates the performance of investments such as bonds and stocks.
One of the most fascinating career paths in accounting is internal auditing. In addition to accounting or finance education and, in most cases, Certified Public Accountant (CPA) certification, the position of an internal auditor requires certain skills. An effective auditor is one who is inquisitive, analytical, resilient, persuasive, and an effective communicator, relationship builder, and team player. As mentioned earlier, the work of an internal auditor is to evaluate the truthfulness and accuracy of financial records. Fulfilling this role, therefore, requires one to be interrogative and to have critical thinking capabilities. Furthermore, auditing work can often be taxing, requiring one to be tough. The significance of persuasive skills for…
Accounting There are several career options within the accounting field. An accounting education provides the basic knowledge that can serve as a useful springboard for any number of different careers within the field. Some of the many options are identified by the Bureau of Labor Statistics in their Occupation Outlook Handbook (2015). One career within the profession is as an auditor, and another is as a managerial accountant, but there are
career interest is accounting. Accountancy is the process of evaluating the financial information about business entities to users such as the managers of the shareholders (Elliot, & Elliot, 2004). Accountancy falls into three areas: accounting, bookkeeping, and auditing. I choose accounting since it will give me a solid employment with a lucrative wage and this is what is important to me. I have also learned that it can be fun
Accountant Why I Chose Accounting "I hate math." Ever since I can remember people have approached me to tell me how much they loathe math, when they hear that I love it. However, I have always been fascinated by the order mathematics can bring to a chaotic world. Sometimes when life seems hard, it is very comforting to be able to look at numbers. This is not to say, of course, that
Accounting Information The revolution in information technology is touching every aspect of one's life. Whether one is making an airline reservation, tracking a shipment of merchandise, or accessing our account at an Automatic Teller Machine, one is relying on computerized information systems. Based on changes in which business is being conducted, the marketplace is demanding more complex, real-time financial advice and accounting services, thus presenting unlimited opportunities for accountants who specialize
Challenging markets can also be a drive of growth, as fewer people will attempt to manage their own finances. With this much growth in the industry, it can be relative easy to find a job, if one is qualified. The qualification process is challenging, and acts as a barrier to entry. This bodes well for anybody with the relevant formal education and industry qualifications. If you have access to money
As required under Statement of Financial Accounting Standards No. 144, Accounting for the Impairment or Disposal of Long-Lived Assets, WB must evaluate the carrying value of PC and T. against the fair value, as determined by the market capitalization of the two companies at the official spin-off date. In this case, both PC and T. will qualify as discontinued operations because after the confirmation of the transaction neither will