Principles of Accounting I_Unit1_IP

Principles of Accounting I_Unit1_IP - Principles of...

Info icon This preview shows pages 1–2. Sign up to view the full content.

View Full Document Right Arrow Icon
Principles of Accounting Unit 1 Individual Project Kregg M. Soltow 8/30/2010 American Intercontinental University I have been asked to speak at a career fair for high school students in my home town. I making a presentation about my role as an accountant. In the following I will describe for the students the primary objectives of accounting, explain the basic terminology of the accounting process or financial reporting, explain how accounting can affect your personal life emphasizing professional ethics and explain the role that technology has played in small business accounting. The purpose here is to explain the role of accounting and accountant in an organization. I will also explain how the financial reporting is done. Accountants help an organization in providing authentic views of the financial position of the company. For this accountants have to cover various areas of accounting such as finances cost, management and tax accounting. Financial accounting helps in assembly, categorizing, analyzing and presenting financial data of a business in a manner so the important business decisions may be taken. Its key purpose is to give a reasonable view of the financial position of the company. For this reason said data must be collected, analyzed, classified and then presenting in a report form.
Image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full Document Right Arrow Icon
Image of page 2
This is the end of the preview. Sign up to access the rest of the document.

{[ snackBarMessage ]}

What students are saying

  • Left Quote Icon

    As a current student on this bumpy collegiate pathway, I stumbled upon Course Hero, where I can find study resources for nearly all my courses, get online help from tutors 24/7, and even share my old projects, papers, and lecture notes with other students.

    Student Picture

    Kiran Temple University Fox School of Business ‘17, Course Hero Intern

  • Left Quote Icon

    I cannot even describe how much Course Hero helped me this summer. It’s truly become something I can always rely on and help me. In the end, I was not only able to survive summer classes, but I was able to thrive thanks to Course Hero.

    Student Picture

    Dana University of Pennsylvania ‘17, Course Hero Intern

  • Left Quote Icon

    The ability to access any university’s resources through Course Hero proved invaluable in my case. I was behind on Tulane coursework and actually used UCLA’s materials to help me move forward and get everything together on time.

    Student Picture

    Jill Tulane University ‘16, Course Hero Intern