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Accounting Help Online Chat

Accounting is the systematic and comprehensive process of recording of financial transactions both internal and external that is involved business. In simple words, it refers to the process of gathering, summarizing, analyzing and reporting the commercial transactions.

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Accounting Help Online Chat

  1. 1. Accounting help is required by the commerce students and those pursuing CA or graduation or post graduation in accounts. What is Accounting? Accounting is the systematic and comprehensive process of recording of financial transactions both internal and external that is involved business. In simple words, it refers to the process of gathering, summarizing, analyzing and reporting the commercial transactions. Different Types of Accountants An Accountant is a person who is very proficient in handling and keeping track records of accounts and books of accounts appropriately and correctly. An Accountant designs and controls the procedure of account handling required for records of various transactions of business, trade, as well as finance. Different types of accountants include. ● Auditors ● Forensic accountant ● Public accountants ● Tax professional ● Financial advisor ● Consultants Auditing It may be defined as an intensive study and analysis of the records, reports and transactions of an enterprise, firm or organization by accounting specialists. Auditors help to ensure a company's efficiency by keeping all the public records accurate and confirm payment of taxes accurately and on time. The auditors work to analyze and also communicate financial data for various entities such as individual clients, companies, Federal, State, as well as the local governments. Other than carrying out the fundamental tasks of the occupation they provide information to clients by gathering, preparing, analyzing, and verifying financial credentials. Forensic accounting It is a particular area of practice in accountancy. In this area of accountancy, the auditing, accounting and investigative proficiency are used to help the court in legal issues. It is the expertise for which the forensic accountants are also known as forensic auditors. They are
  2. 2. also called sometimes, the investigative auditors. Investigation of white-collar crimes including issues like securities embezzlement, fraud and bankruptcies are done by them. Public accounting A public accountant is a general accountant whose work is either applied for an accounting firm or his or her private practice. Public accountants’ daily tasks can be classified broadly into different types. This incorporates auditing, tax and financial planning, and consulting and providing advice about compensation as well as benefits. The st atutory credential provided for all the qualified accountants in the U.S is the Certified Public Accountant (CPA).It is for persons who have passed the Uniform Certified Public Accountant Examination. Tax auditing A specifically trained professional in the field of taxation is called a tax professional. The U.S. Department of Treasury encourages and empowers as well, the tax professionals in every way possible. It is to represent all the taxpayers before all administrative levels of the Internal Revenue Service (IRS) so that collections, audits, and appeals can be addressed on time. Financial advising A financial advisor is a skilled person in accounting and finance who provides investment advice and financial planning services to individuals, organizations, and also the government's. Usually, a financial advisor consults with clients with an intention to upgrade or lower the risks in their financial situations. Accounting Consultancy Accounting consultants are persons with high domain expertise in preparing financial reports, pro-form financial statements and also other reports. They are also capable of analyzing, interpreting and evaluating financial statements and reports for various regulatory and statutory authorities and internal management of organizations. Accounting consultants can help a business with all of its financial needs. About Author: Hey, future accountants. I hope you find this article useful. My name is Kathlin, and I am a professor in one of the finest college in the USA.I recently passed out with accounts as a major and I went through all the questions like, "what to do next", "what will i learn?", "what are scopes and all?" So, I thought of sharing the information. I also assist college students who are lost in accounting assignments and finance papers. So, any queries, I can help you out. If you need accounting help online chat with me
  3. 3. Contact Details: 10685-B Hazelhurst Dr. # 16127 Houston, TX 77043, USA assignments.a4u@gmail.com US: (+1) 2255907248 AUS: (+61) 390282123 Facebook , Google+ , Twitter , YouTube, Pinterest

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