Accountancy
“An accountant reviews and audits your financial
records and checking/savings accounts. Review your books and records in order
to make a reputable and honest report on your financial position. They can file
your IRS/State taxes, quarterly with holdings, W2s and 1099's. They can prepare
a monthly, quarterly and annual business report on the state of your business,
and how much was made, spent, invested and lost. They keep you straight with
the government and will protect you if the government audits/questions any of
your filings. You use a computer a great deal and have to be professionally
trained and educated in order to become a professional accountant. If you want
to become a CPA you have to pass a battery of tests that are provided by the Certified
Public Accountants Standards and Qualifications board. Once you obtain a CPA
status you can do all the necessary accounting work for the various government
agencies, banks and others, such as the stock holders. You can render an
opinion of the state of the particular business.”
These are the main tasks that you will have to do when
being an accountant. As clearly shown in the quotations, accountancy is based
mainly on financial problems. The majority of accountants work for businesses,
they work with all the figures such as income, outcome, costs, profits, everything
to do with the financial side of the business.
Some accountants also work for the government doing
the same thing to do with finance just on a bigger scale, usually getting a
much bigger payments.
Accountants work with a wide range of software to do
their job; they used software such as Microsoft Excel to
input data and calculate it, in the past would have used paper, pen and
calculator to work this information. This has adapted how the job has changed
over time to become what it has now. Accountancy has developed so much over
time due to software such as excel as they can do the majority of the
calculations for them. Whereas in the last there maths skills had to be very
good and they would have need to be very good with numbers and they would have
had to write everything down on paper which was only about 20 years ago. The
software just speeds everything up.
The only down side to having
the software is that it increases the costs as accountants will need to pay for
and update the latest software to increase the speed of their job and make it
easier but overall they will most probably make the money of the software
instantly as they will be able to do their job a lot more efficiently.
Having this Tec also makes their
job very flexible due to things such as laptops, tablets, etc. as they can work
on the move no matter where they are as they have mobile devices which have
everything they need.
This also makes it a lot
easier for them to complete work at home or anywhere they want so they can work
as many hours as they like and in most cases (self-employed accountants) they
can work the hours they like thanks to technology.
Although
all this technology seems to be positive in every way it also has many
negatives, for example it had kicked many people out of work. It has done this
because all the jobs people use to be able to do the computing software can do
instead but a lot quicker and it is also a lot cheaper to run.
In
the past there were so many more opportunities for people looking for work and
they have just been replaced. Accountancy is still a huge market but not
everyone needs as many accountants anymore as individuals can do a lot more due
to all the Tec.
