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ACCOUNTING: The Language of Business

ACCOUNTING: The Language of Business. Cinthya Moreno. What is accounting? . Accounting is the art of recording, summarizing , reporting, and analyzing financial transactions . . Four Types of Accountants. Consultants

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ACCOUNTING: The Language of Business

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  1. ACCOUNTING: The Language of Business Cinthya Moreno

  2. What is accounting? • Accounting is the art of recording, summarizing, reporting, and analyzing financial transactions.

  3. Four Types of Accountants • Consultants • They analyze, interpret and evaluate financial statements and reports for the internal management of organizations • Forensic Accountants • They investigate white-collar crimes including issues like securities fraud and bankruptcies • Public Accountants • CPA (Certified Public Accountant). They do auditing, tax and financial planning and providing advice about compensation and benefits • Tax Professional • Specifically trained in the field of taxation

  4. Accounting like a Puzzle? Accounting it’s more like a puzzle, because accountants need to gather and put together information. They use math to tell a story or achieve a desired outcome.

  5. What is a Certified Public Accountant?

  6. SALARY • The median annual salary for an accountant was $63,550 in 2012, or $30.55 per hour • The best-paid 10 percent earned roughly $111,510 • It all depends on your experience

  7. Video • http://www.youtube.com/watch?v=Zk_Hd9hEC9Y

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