Accounting may fail to understand the distinction between accounting and book keeping .
book keeping refers to the daily operation of an accounting system that is recording and classifying routine transaction.
Book keeping is a skill that an individual might acquire with in a few week or month .Most book keeping function can be performed most efficieently.through the use of a computer.
A professional accountant must have a far broader range of knowledge and skill then a book keeper Accountant need an under standing of financial reporting requirments income tax regulations and the regulatory requirements affecting specific industries .
they should be able to design accounting system of internal control interper and record complex transaction and assist manager in interpreting all type of accounting information s.
Accounting is more than a skill it is a profession ,exprience and a commit ment to continually updating and expanding one knowledge.
book keeping refers to the daily operation of an accounting system that is recording and classifying routine transaction.
Book keeping is a skill that an individual might acquire with in a few week or month .Most book keeping function can be performed most efficieently.through the use of a computer.
A professional accountant must have a far broader range of knowledge and skill then a book keeper Accountant need an under standing of financial reporting requirments income tax regulations and the regulatory requirements affecting specific industries .
they should be able to design accounting system of internal control interper and record complex transaction and assist manager in interpreting all type of accounting information s.
Accounting is more than a skill it is a profession ,exprience and a commit ment to continually updating and expanding one knowledge.
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