Accounting profession

Hello, today I want to talk about accounting profession. Accounting or accountancy is the art of communicating financial information about a business article to users such as shareholders, managers, lenders, investors, tax authorities, regulators and other people to make resource allocation decisions. Accounting is the most respected and oldest professions. In accountancy can work people who are certified experts or practitioners in accountancy.
Accountant can offer an extensive range of services, such as financial, management, environmental, forensic, open-book, tax or international accountings. Accountants have a lot of duties. Here is some of them. First, they deals with money paid, received, borrowed or owed. Second, they everyday recording day-to-day transactions which is called a bookkeeping. Double-entry system is also used in bookkeeping which requires each transactions to be recorded twice: to the part that „gives“ and to the part that „takes“. Every transaction is both a debit – a deduction –...

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