博文

Accounting skills

图片
Communication Skills   Accountants are usually in communication with employees or people of all different levels, depending on whether they are employed or work independently. Consequently, these professionals must constantly write emails and speak with different department heads in garnering expenditure as well as revenue information. For example, accounts payable accountants must speak with marketing managers and directors about their expenditures for marketing research and advertising, determining whether they stayed within their budget. Accountants must also write reports and presentations for upper management, periodically highlighting the companys financial performance. So, they must possess the ability to speak effectively and easily with a diverse set of people. Analytical Skills   Accountants must possess analytical skills. They must constantly work with financial analysts and managers in finding ways to reduce expenses, or finding ways to effic...
1 条评论
阅读全文

The ethic of accounting

图片
The specific content of the principle of accounting ethics      Accounting moral principle refers to adjust the economic relations and interests as the basic starting point and the root of the accountancy morality relations under a certain social conditions, in the whole system of accounting ethics plays a fundamental and dominant position.Due to the nature including moral absolute and universal, but also has the moral relativity and difference, so each country's accounting moral principles by the applicable to the country under the condition of socialist market economy of the interests of the individual and group interest highly unifies the specific content of the two parts. The establishment of the principles of accounting ethics 1 We must share the basic requirements that all mankind have Shared, applied and adhered to. 2 Must be able to reflect the economic relations of a particular society, the economic relations of certain times and the general ac...
发表评论
阅读全文

Accountant

图片
                               What is an "Accountant"   An accountant is a professional person who performs accounting functions such as audits  or financial statement analysis  Accountants can either be employed with an accounting firm, a large company with an internal accounting department, or can set up an individual practice. Accountants are given certifications by national professional associations, after meeting state-specific requirements, although non-qualified persons can still work with other  accountants, Breaking Down "Accountant"   Accountants must follow by the ethical standards and guiding principals  of the region where they practice such as IFRS   or GAAP  The most common accounting designations are  Chartered Accountants (CA) ,   Certified Management Accountants (CMA ) , and Certified General Accountants (CGA). Ot...
2 条评论
阅读全文

Account Receivable Management

图片
            Accounts Receivable Management What are 'Accounts Receivable?      Accounts receivable refers to the outstanding invoices a company has or the money the company is owed from its clients.   The phrase refers to accounts a business has a right to receive because it has delivered a product or service.  Receivables essentially represent a line of credit extended by a company and due with short time period, f rom a few days to a year. Why Do Businesses Have Accounts Receivable?     Most companies operate by allowing some of their sales to be on credit.  In some ways, business offer this type of credit to special customers who are invoiced periodically. The method allows customers to avoid the  making payments in each transaction. In other cases, businesses routinely offer all of their clients the ability to pay after receiving the service. For example, electric...
4 条评论
阅读全文

Partnership

图片
Partnership Definition      A partnership is a partnership that is profitable and co-operates in some business. They will be for this order with the partnership agreement, agreed to each partner pay capital, labor contribution, charge compensation amount, borrow rate, ratio of the allocation of profits and losses and other terms.In some areas, professionals such as doctors, lawyers, accountants, architects, not to offer co., LTD., the way of operation, so are the ways of the partnership's practice. There is a risk of joint liability between their partners.                          Partnership's History   Continental law system "(Civil law,) of some similar to the" close enterprise "joint venture", is the organic combination of function capitalist enterprise form together. Similar to Japan's enterprises "holding company" in the states of the early 19th century and early 20th century,...
3 条评论
阅读全文