Main contents:What‘s accounting?The kinds of Accounting?The advantages of Accounting as a field ofemployment?Why is Accounting a basic and vital element inmodern business?Why do salaried Accounting jobs offer security?The opportunity when we finish school?
What‘s accounting? Accounting is an information system for recording, storing, processing, and communicating financial information that is useful in making economic decisions. Accounting is a link between business activities and decision makers.There are three steps:
- First, Accounting measures business activities by recording data about them for future use. - Second, the data are stored unit needed and then processd to become useful information. - Third, the information is communicated through report to decision makers
The kinds of Accounting?There are 2 kinds of Accounting : Financial Accounting : Is used for both internal users and external users. Managerial Accounting is only used for internal users. Balance sheet : (Bang can doi ke toan ) Asset = Liabilities + Owner ‘ s equity(tai san) (cong no) (von chu so huu) 5000 20000 30000
Why Accounting is a basic and vital element inmodern business?Accounting frequently offers thequalified person an opportunityto move ahead quickly intoday’s business world .
Why is Accounting a basic and vital element in odernbusiness? Because Accounting records the past growth or decline of the business. What are the three broad divisions in the field of Accounting? Public, private, and governmental.
What are some of the advantages of Accounting As afield of employmet? Many jobs are usually available . Once on the job, private or govermental Accountants have security. Many people are ususlly given the chance to move upward in the company. Salaries for people with accounting training are usually good.
Why do salaried Accounting jobs offer security? Salaried positions with business or govermental offer strong security. + Accounting work is not usually subject to either short -term changes or long-term trends in the business cycle. + Salaried Accountants are not as likely to be affected by layoffs or seasonal changes in the work load .
The opportunity when we finish school: If we study hard, have a good mathematical ability … when we graduate. We can find work at private company or public company, we will have a safe job,high salary. We will have a opportunity to move ahead quickly. Beside if we speak well English we will work for external company, we have advantage condition to develop our knowedge… A new accountant can begin a private practice or form a partnership with other accountants.
In short :Accounting is good because accountants can look for ajob easily, earn a high salary, work safely. All businessactivities of the company need accountants.