Archive for the ‘Accounting’ Category
Accounting Ethics
Accountants at some point in their career will find themselves having to make a decision whether their situation is ethical or not. Professional ethics is an important aspect of an accountant’s job. As an accountant you have the commitment to each customer to demonstrate competence, confidentiality, integrity, and credibility. Competence is where you must [...]
In: Accounting · Tagged with: accountant, Accounting, CPA licenses, employee
Accountants: More Than Just Bookkeepers
For many people, the job titles of accountant and bookkeeper are interchangeable. After all, doesn’t a bookkeeper maintain the accounts of a business by tracking accounts receivable, accounts payable, rent expense, payroll, etc.? The answer is yes, a bookkeeper does perform all of these accounting functions. So why does an accountant get [...]
In: Accounting · Tagged with: accountant, Accounting, bookkeeper, finance, tax
How to Analyze a Financial Statement
It’s obvious financial statement have a lot of numbers in them and at first glance it can seem unwieldy to read and understand. One way to interpret a financial report is to compute ratios, which means, divide a particular number in the financial report by another. Financial statement ratios are also useful because they enable [...]
In: Accounting · Tagged with: earnings-per-share, EPS, financial, financial statement, GAAP, profit, profit ratio
