6 May 2013
Income tax in 1913 and the excess profits tax in 1917 helped caused the accounting boom (“Accountant” Financial services). By the way Accounting records and bookkeeping methods have been used from early history to the present (“Accountant” Financial services). Being an accountant is very challenging. So therefore to accomplish a career as an accountant, one must know the requirements of being an accountant.
The job description of an accountant is very intricate. Midsize firms require fax machines, copier, calculators, and computers (“Flesher”). One may have to prepare, examine, or analyze accounting records (“Accountant” Bridges). Accountants will also prepare tax returns (“Accountant” Bridges). Meanwhile, Accountant’s help individuals create saving plans to pay for their children’s education (“Flesher”).
Accountants also help with ventures, retirements, new businesses, capital gains, and inheritance taxes through careful planning, and minimizing income (“Flesher”). Inheritance in taxes is one of the largest things an accountant helps with. Accountants compile and organize financial data for use in making business and other decisions (“Accountants” Career). One may have to examine financial statements to be sure that they are accurate and comply with laws and regulations (“Accountants and Auditors” Occupational). Public accountants work independently most of the time (‘Accountant” Financial services).
The Education and Training in this career is very challenging. To be an accountant one must have multiple of skills. One will have to have organization skills, communication skills, computer skills, and problem solving skills (“Accountant” Careers). Organization skill is one of the most important skills one must have. Organizational skill will help one know exactly where something is at and exactly where something goes. Also problem solving skills is very important. One will have a lot to do...