Accountants have many roles like; accountants role in economic development, roles of accountants in fraud fighting, roles of accountants in the face of economic meltdown. The role of accountants is pervasive in nature and this article is another proof of this. In this article are the roles of accountants in a forward looking and vibrant […]
ROLES OF ACCOUNTANTS AND AUDITORS IN SMALL BUSINESSES
Accountants are experts in business communication and as such have significant role to play in business. The roles of accountants in small business are what I will be discussing in this article but from different perspective. You may have read a lot about the roles of accountants in small businesses but not in the same […]
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USES AND BENEFITS OF STATEMENT OF CASH FLOW
Statement of cash flow or cash flow statement/ fund flow statement as it was formerly called is a component of the financial statements that explains how a company manages her finances. Questions like how a company makes money, what a company invests in and how projects are financed are explained in the statement of financial […]
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ROLE OF ACCOUNTANTS IN ECONOMIC DEVELOPMENT AND GROWTH
Accountants have many roles to play in the development of every economy. The growth and development of every economy hinges on how resources are judiciously managed and multiplied. Accounting is all about cost savings and this I am sure is the back bone of economic development and growth. Some of the roles of accountants in […]
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PROBLEMS ACCOUNTANTS FACE IN THE GOOGLE AGE
I use the phrase ‘Google age’ to represent the age of information superhighways because that is the age we are living in now. Eras where changes occur too fast that one hardly digest any change before they disappear. Problems faced by accountants in this age takes after the age that we are in. Changes in […]
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ACCOUNTING AS A COMMUNICATION TOOL
Accountants no doubt are the most qualified communicators in the business world. Accountants are trained to be communicators specializing in communicating financial information in a language that is understood by all and sundry. The information must meet the requirement of information for it to be termed so. Some of the features of anything that must […]
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THE IMPORTANCE OF ACCOUNTING
Accounting or accountancy is no doubt the universal language of businesses and figures. Those that fluently speak this language of business are called accountants. The importance of accounting and accountancy cannot be over-emphasized as the evidence is there for all to see. Imagine what this world would look like if all means of communication are […]
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What are Accountants and Auditors doing to Improve the Standard of Living?
I recently ran into an old friend of mine who has lost his lucrative job in a once very successful business. He asked me a question that really touched me. His question to me was; “what are accountants doing to improve the standard of living?” This guy is the bread winner of his family and […]
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Accounting information system, redefining the accounting profession
Accounting information system has redirected the direction of accounting profession onto a positive path of becoming a highly sought after information processing professionals with super magic powers to crunch data and make sense of it – this is otherwise known as big data analysis. Traditionally, accountants were seen as business and audit specialist whose only […]
