Title: Do You Need Accounting Assignment Help?
1Do You Need Accounting Assignment Help?
Online Assignment Expert
2Hello! I am Lara Gargett
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3Accounting - The Study Of Money
Accounting refers to the study and research of
the procedure in which financial transactions are
recorded about a business. There is a whole
process behind it, inclusive of summarising,
analysing and reporting of such transactions for
tax collection entities. It plays an important
role in the running of a business as it helps to
keep a track of the income and the expenses,
providing investors and the governments
financial data and information to make up
business decisions.
4Principles Of Accounting
- The principles are considered to be basic rules
that are used to monitor accounting. Some of such
principles are - The objectivity principle
- Revenue recognition principle
- Full disclosure principle
- Historical cost principle
- Matching principle
5Theoretical Skill sets One Inherent While
Pursuing Accounts
- There are some basic skills that the student
pursuing the course code of accounting learns
during their tenure in the university -
- To prepare accounts and tax returns
- To audit the financial information
- To analyse business plans in accordance with the
accounts - To deal with insolvency cases
- To provide tax planning service
- Risk analysis
6Personal Skills Of An Accountant
Apart from the one students learn in their
classes, there are some skills that one must have
inborn that helps them to be a better accountant,
being Self-motivated Are good with
numbers Integrity An ability to reflect financial
decisions Ability to work in a team Have good
communication skills Can do critical
analysis Ability to manage deadlines
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