- Analysis of Bank Reconciliation Statement
- Assessment of Assets and Depreciation
- Income and Expenditure
- Cash Flow management
- Revenue Recognition
- Receivables and Bad debts
- IT implementation for cost reduction
- Inventory Accounting
- Return on Investment
- Market-Related overhead expenses
- Company accounting software
- Company accounting policy
- Dormant company accounting policy
Our company Accounting Assignment writing help services are available with any of these topics.
Accounting Basics: Help With Company Accounting
Cost Accounting: It is one of the crucial areas in company accounting assignments. In addition, it contains the calculation and assessment of project cost.
Auditing: It refers to the independent and systematic examination of data, records, and statements connected to an enterprise with a specific goal.
Tax Accounting: It contains the computation of tax by having complete knowledge of the whole taxation system.
Managerial Accounting: This type of corporate accounting deals with collating financial data. Here we take care of the internal situation of the company in order to come up with convincing and better decisions.
Financial Accounting; It takes care of preparing the financial statements.
Duties Performed By Company Accountant
Company accountant performs two types of roll in companies:
- Manage Accounts: accountant manage different accounts of companies like; account payable and account receivable. An accountant keeps data of the company’s liabilities or likes paying firms bills. And account receivable means to receive from companies customers. Also, it shows that an accountant doesn’t only just focuses on money, it handles businesses day to day transactions also. They make sure that other aspects of the company are also properly aligned or not.
- Concentrate on Profit-Making: accountant as the term indicates, also Help Company in making a profit. Accountant handle firms account and take money-related decisions of a business because accountant knows the position of money. They manage money and help in earning the profit. Allocate all the money resources appropriately so that company gains more and more profit. For example; how to invest money when purchasing or how much stock is left, and make sure that all the raw material is well used.
The corporate manager is a little bit like an efficiency manager in a company. A corporate accountant increases the profit margin of the firm by manages resources. That is why mostly they include in a high management role.
How Is Company Accounting Different From Public Accounting?
- Company Accounting: company accounting is done for a particular company that exists for a reason. Incorporate accounting accountants typically work for long hours, at the time of closing of the financial year or at the time of auditing and on quarterly reporting dates. Company accountants work for the same company for a very long time, so they have very extreme knowledge about accounting. The company accountant is stable.
- Public Accounting: public accounting is to work for a firm that provides accounting services to other firms. Furthermore, the public accountant works for civic accounting organizations. These firms are like; sole proprietors, partnerships, and other companies that are not publicly traded. The public accountant works longer due to the busy session of their clients. Mostly this is from January to April. Additionally, public accountant deals with many clients in different-different industries. So, that they know the variety of companies. They are not stable.
These are some differences between the company and public accounting.
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