Disclaimer: This essay has been written and submitted by students and is not an example of our work. Please click this link to view samples of our professional work witten by our professional essay writers. Any opinions, findings, conclusions or recommendations expressed in this material are those of the authors and do not necessarily reflect the views of EssayCompany. However, over the past two decades, a great deal of attention has been paid to the development and use of non-financial measures of performance, which can be used both to motivate and report on the performance of business and other organizations. The impetus for such developments has come from both the bottom and the top of the organization.
Business and finance professionals must be able to write with authority and clarity. Though accountants spend much of their time crunching numbers, they also turn those numbers into reports that explain their findings, data points, and analyses. These communications can help stockholders, clients, partners, and other businesses understand the findings and business of a particular company. Business and finance professionals translate complex data into simpler terms that non-technical people can understand. Consequently, they must write with precision, purpose, and concise language. Usually, these communications take the form of memoranda, letters, reports, and papers.
Excellent Accounting Research Paper Topics as a Key to Success
There are 7 types of accounting which is government accounting, forensic accounting, cost accounting, auditing, tax accountant, financial accounting and management accounting. Government accounting or also known as public sector accounting, refers to the type of accounting information system used in the public sector. Government accounting includes accounting for legislative bodies and government department. The need to have a separate accounting system for the public sector arises because of the different aims and objectives of the state owned and privately owned institutions.
Learn about our people, get the latest news, and much more. Most people like to know how much money they currently have, which means they check it on a regular basis to verify charges. Think about it: when is the last time you logged into your bank account?