You've filed your income tax with the IRS and breathed a sigh of relief; then you're notified that you're being audited. If the IRS taps you for an audit, don't panic. While you don't have a choice about the audit, you can choose to make it as painless as possible if you remember a few [...]
“An Accountant counts money!” says Mr. Joe Average; and he’s not wrong. But accountants do a lot more than just “crunch numbers”. Accountants deal with a wide range of finance-related chores that involve figures and statistics. Math is the core accountant’s job. […]
Money is a great motivator, which is why financial reports exist. Financial reports must contain truthful and unbiased information, and accountants must create unbiased and accurate financial reports for those who deal with finance in the various sectors of society. Accounting is the legal and moral method to create accurate and honest decisions that will [...]
Public accounting offers a varied career path. The duties of an account will depend on the size of the firm , and is generally a “partnership” In a small firm, one may work on business audits and taxes for both businesses and individuals. In larger firms, you will likely work on audits or taxes, depending [...]
