WHAT IS ACCOUNTING?

Accounting is the language of business. It is the process of identifying, measuring, and communicating economic information to permit informed judgments and decisions by users of the information. Position titles for jobs in accounting may include staff accountant, accounts payable or accounts receivable clerk, and bookkeeper. Accounting duties may include maintaining journals and ledgers, processing banking transactions, billing, preparing payroll, maintaining inventory records, purchasing, processing expense reports, preparing financial statements and analyzing managerial reports.

Many of these functions require writing letters, making phone calls to customers or clients, and interacting with colleagues. Therefore, good communication skills are becoming increasingly important.


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