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| What Is Accounting |
Accounting is an information system:- Accounting is an information system that represents the economic resources and responsibilities of business or non-business enterprises. Monitored over time, it is used as a decision-making tool for the allocation of resources and evaluation of responsibilities.
Impact of Accounting Information:- Accounting information impacts
major economic decisions, which can have both national and global impact. The accounting
program teaches analytical, theoretical, communication, and leadership skills necessary for
effective accounting and for advancement in public, private, and government careers.
Significant Points about Accounting & Job
Bookkeeping, accounting, and auditing clerks held more than 2.1 million jobs in 2006 and are employed in every industry. Employment in Accounting field is projected to grow as fast as the average as nearly every industries looking for skilled accounting workers or professionals. The large size of this occupation ensures plentiful job openings, including many opportunities for temporary and part-time work.
Nature of Work:-
Bookkeeping, accounting, and auditing clerks are financial recordkeepers. They update and maintain accounting records, including those which calculate expenditures, receipts, accounts payable and receivable, and profit and loss.
Responisilities of Work:- Accounting information impacts major economic/financial decisions. In small businesses, bookkeepers and bookkeeping clerks often have responsibility for some or all of the accounts, known as the general ledger. They record all transactions and post debits (costs) and credits (income). In large-companies’ accounting departments, accounting clerks have more specialized tasks. |
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Colleges & Universities
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Colleges & Universities
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