Financial activities like daily profit and expenditure, are a must keep up activity for every company. To calculate timely profit and loss of the company, it’s the only method to keep up. So every company must appoint an account. Many companies also hire more than one accountant or a group of accountants for more accuracy and truthfulness in the financial activities. Accountant has the mission of doing various types of activities from arranging of financial sequence to judging of the fullness of the activities. An accountant acts a significant responsibility in organizing of monthly and annual information in order to preserve the accounts which are connected to the financial actions of a company. An accountant must have to give concentration in work and accuracy, strong planning and managing power, strong communication skills, information and duty monitoring ability, problem investigation knowledge, judgment and problem-solving skill, supervisory skills and capacity of anxiety patience. Also an accountant must have skill of related financial strategies, commandments, rules, systems and good Knowledge on applicable accounting software
The principal responsibilities of an accountant include, organizing common account entries, keeping balance sheets, ledgers and petty cash accounts. Here listed the common activities of an accountant –
1. Collect and investigate financial data to arrange financial statements
2. Keep daily financial information.
3. Arrange profit and loss reports yearly or monthly when requisite.
4. Keeping the file of daily dealings on the PC as well as in paper copy format.
5. Arranging financial statements and transferring them to company authorities.
6. Advising the company concerning issue of upcoming investments, various kinds of tax plans and on additional kinds of accounting issues.
7. Giving concentration to tax requirement and arranging tax statements.
8. Paying concentration with accounting irregularities.
9. Analyzing financial information and preparing financial transaction reports.
10. Complete the given responsibilities before the financial closing date.
11. Managing execution of financial policy.
12. Elucidation team members, customers, associates and shareholders about the billing invoices and economic and accounting procedure of the company.
13. Handing over responsibilities to junior accountants and controlling all the information and entire accounting dealings.
Accountants have to continue up to date on latest technology maintaining with different financial application software as well as home and country laws concerning finances and taxes. He naturally work approximately 40 hours a week, however this can be take more time for the period of tax when company is trying to organized before the ending date. Accountant can work in a multiplicity of situations, counting a small business, a large company or for the government. Before engaging in the job, a person can take finest preparation by intriguing math and computer classes. This will provide them a skillful launch after entering the job.
