Accounting

Accountancy or accounting is the measurement, statement or provision of assurance about financial information primarily used by managers, investors, tax authorities and other decision makers to make resource allocation decisions within companies, organizations, and public agencies. The terms derive from the use of financial accounts.Accounting is the discipline of measuring, communicating and interpreting financial activity.Is also widely referred to as the "language of business". 

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Being an Accountant

An accountant's job entails working to ensure that business firms and individuals are keeping good records and paying taxes properly and on time. Though the accountant job description for some accounting positions may be simple, other accountant job descriptions are not quite as clear because of the number of duties that are required.



Latest News

Lehman's accounting ruses used at Gulf firms (Zawya) - 21 March 2010 Accounting practices similar to those used by Lehman Brothers to mask bad assets before its collapse are also being adopted by Gulf companies, auditors say.
Accounting students at South Euclid's Notre Dame College offer tax preparations (The Sun Messenger) - Those who might want to save a few bucks on tax preparation costs might want to head down to the South Euclid-Lyndhurst Library. There, from 9:30 a.m. to 2 p.m. Tuesdays, Thursdays and Saturdays through April 13, Notre Dame College accounting students are preparing tax returns for no charge.
Lehman exec was fired after his letter questioned accounting gimmicks (Denver Post) - A Lehman Brothers whistle-blower warned his bosses that accounting gimmicks the bank used before its collapse may have been illegal, his attorney said Friday.
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