If (like most people) math isn’t exactly your favorite thing, you might think that you don’t have what it takes to succeed in accounting. The truth is that there’s more to working in accounting than math. We look at the most important skills for an accounting career.
Accountant or bookkeeper is a role needed in almost every organization and every industry. Every company needs someone responsible for the correct calculation of the company’s revenue and financial progress. That means there is a demand for accountants and bookkeepers. So, why do you want to get into accounting? Is Accounting Right for Me? Every occupation has characteristics that make it suitable for certain people. In the case of accounting, it is an excellent occupation for those who feel comfortable working with numbers and are organized and detail-oriented. If you like working with numbers, becoming an accountant or bookkeeper may […]
If you are interested in working in an accounting environment, there are a lot of career paths to choose from. Some of the more apparent options include being a bookkeeper or accountant. However, you might not know that plenty of companies are hiring people for support functions like computer input and reconciliation clerk. What Does a Reconciliation Clerk Do? If you have ever taken a moment to reconcile your bank account, you have done what a reconciliation clerk does but on a smaller scale. At the most basic level, a reconciliation clerk is responsible for reconciling the balance of business […]
At a time when technological jobs continue to grow, some traditional “trades” seem to get lost in the shuffle. That would certainly include a “trade” like accountancy. Accountants have been around for centuries. Every business, large and small, needs at least one reliable accountant or bookkeeper to help keep track of the business’s financial position and performance. Because of the rising costs of major degree programs, many of today’s accountants are coming out of vocational programs. It affords them a chance to get a coveted education. After all, how is a future accountant going to benefit from knowing about 13th […]
Are you interested in starting an entry-level position as an accounting specialist or bookkeeper? If so, you may be interested in an Accounting diploma or degree program at Interactive College of Technology. Our programs can prepare you with fundamentals of accounting that you will need to perform your role. With this knowledge, you can help your organization do things like balance the books, implement payroll, or manage vendor expenses. So, what are the most common fundamentals of accounting? What are the Five Fundamentals of Accounting? There are five most referenced fundamentals of accounting. They include revenue recognition principles, cost principles, […]
Accounting is one of the oldest and most respected professions. As culture and business progressed and developed in antiquity, the need for accounting systems developed right along with the need for money and writing. Whether called accountant, solicitor, steward, or auditor, across time, accountants have been trusted and valued in developing societies. One of the reasons for this respect is the training, certification, and adherence to professional standards that is expected across the accounting profession, across industries, and around the world. Today, accounting and bookkeeping are attractive careers that offer job security, growth, and promotion opportunities, as well as the […]
Basically, the function of accounting is to keep an accurate track of money coming into and going out of a business. However, there is much more to an accounting job than just watching money come and go. If you are considering applying for a position as an entry-level accountant or a bookkeeper, then there are certain things you should know. What does the job involve? What is the basic function of accounting? Are there different types of accounting? Where can I go to get advice and qualifications? As an accountant or bookkeeper, you will collect and report on financial information […]
Being an accountant or bookkeeper can be a lucrative field. Before you enter the accounting field, however, you must increase your knowledge of accounting and learn many concepts and terms. This can be achieved by attending an accounting program at a vocational school like Interactive College of Technology (ICT). During this program, you will learn accounting principles including the difference between cost accounting and financial accounting. You will also learn about accounts payable, accounts receivable, payroll, and general ledgers. At Interactive College of Technology, you have the option of getting an accounting diploma or degree. Both are great ways to […]
Are you interested in becoming a bookkeeper but not sure what they do? A bookkeeper helps to assure that a company’s activities are accurately captured and reported in its financial records. For a small company, there may be one person responsible for this. In a larger company, there may be dozens of bookkeepers, each responsible for a small part of the financial records. A bookkeeper can have different names including accounting clerk, accounting assistant, and junior accountant. What are the Characteristics of a Bookkeeper? A person who is looking for a bookkeeper position enjoys working with numbers. Many take both […]
Every business requires bookkeepers or at a minimum someone to do the bookkeeping work. The books of any business tell a story. The story reflects how many sales a company has, what their expenses are, and any assets and obligations that the company might have. If you are interested in becoming an accountant or bookkeeper then starting a vocational program may be right for you. Don’t worry if you are not up to date on standard accounting principles like GAAP. The good news is you learn all about bookkeeping and accounting in a vocational program. What to Expect from an […]
