What is an Accountant - Leigh Barker Tangible Assets, West Pennant Hills, MWC Group - PowerPoint PPT Presentation

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What is an Accountant - Leigh Barker Tangible Assets, West Pennant Hills, MWC Group

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Prepared by Leigh Barker Tangible Assets, Accountant at MWC Group, Portfolio Finance, Gordon and West Pennant Hills. – PowerPoint PPT presentation

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Updated: 27 October 2018
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Title: What is an Accountant - Leigh Barker Tangible Assets, West Pennant Hills, MWC Group


1
What isan Accountant
  • Leigh Barker

2
An accountant..
  • An accountant is a trusted professional whose
    career is centred on dealing with money and
    figures.
  • An accountant will assist business to track
    income, expenditure and assets. In general an
    accountant is detailed, well organised and good
    at communications.

3
As one of the key roles in any business
  • As one of the key roles in any business, the
    accountant monitors and records the flow of funds
    and has the responsibility of verifying the
    accuracy of all transactions ensuring that at all
    times they are recorded and reported within
    regulatory guidelines.
  • Accountants obtain certifications from
    professional bodies and must abide by ethical
    standards and guiding principles where they
    practice.

4
Through financial statements
  • Through financial statements the accountant
    assesses the health of a business by using their
    knowledge in areas such as accounting, law, math
    and finance. The accountant provides this
    information to business owners who in turn will
    evaluate business performance over a period of
    time.

5
Duties performed by an accountant
  • Examine financial records to ensure that they are
    accurate
  • Prepare profit and loss statements
  • Prepare the balance sheet and cash flow
    statements
  • Prepare and review budgets against actual
    expenditure
  • Preparation and lodging of annual tax returns
  • Establish and maintain accounting procedures
  • Supervise data entry of financial transactions
  • Resolve accounting discrepancies
  • Compile financial information

6
Accountants can specialise in various fields
  • Accountants can specialise in various fields such
    as financial accounting, management accounting,
    cost accounting, auditing, tax accounting,
    government accounting, non profit accounting and
    international accounting.

7
Leigh Barker
  • Please note Prepared by Leigh Barker Accountant
    at MWC Group, Tangible Assets, Portfolio Finance,
    Gordon and West Pennant Hills. Note that all
    content of this blog is general in nature and
    anyone intending to apply the information to
    practical circumstances should seek professional
    advice to independently verify their
    interpretation and the informations
    applicability to their particular circumstance.
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