Prepared by Leigh Barker Tangible Assets, Accountant at MWC Group, Portfolio Finance, Gordon and West Pennant Hills. To read in detail about an accountant, visit here: https://goo.gl/n2zBIy

1. WHAT IS
AN
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 andWest 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 information’s
applicability to their particular circumstance.