Wednesday, January 5, 2022

ASSIGNMENT 24: BASIC ACCOUNTING

Ekateryna Calderón Hernández                                                                                                          NUA: 391880

HINTRODUCTION TO ACCOUTINGH

  

Why do you think accounting is seen as boring? Explain.

Maybe because it's seen like just sitting at your desk and staring into the computer working on spreadsheets, crunching down numbers, reading unnapaling documents and doing calculations, besides can be very routinary and tediuos and also because accountants often seem very shy and quiet, or at least that's what I thought at first before deciding to study accounting.

And maybe from the outside it really looks like that but accounting really has a wide field of work and different jobs that you can specialize in, and it can be really dynamic.

 

Which of the jobs mentioned would be most interesting for you? Give your reasons.

The job that was most appealing to me was being an auditor because they inspect and examine the financial accounts and the transactions a company has made and ensure they're correct and everything is up to legal standards.

I think is vital to verify that the financial reports of a company are accurate because then you can detect bad practices within the organization such as fraud or money laundering.

 

Why is it so important for accountants to be ethical? Explain in detail.

Accountants must be ethical and have a moral code because they need to comply with the laws and regulations that the government imposes and if they don't act accordingly they could be prosecuted.

Also they're dealing with sensitive information and confidentiality is needed to be a good professional.

7 comments:

  1. I think that if you are interested in accounting because of it's dynamic auditor would be very well suited for you! Especially because of your views in the ethics behind accounting and our responsibility as professionals.

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  2. Yes, ut is very inportant to be ethical, and i agree with you, also i consider the ethic is relacioned with to be honest

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  3. I agree with your first answer. I also believed that accounting was like that until I spoke with friends who are studying it, hence my perspective changed, in addition, as my studies in International Trade progressed I have also seen and understood its importance for companies.

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  4. I agree with you. For me, the auditor's job is the most interesting. I think they are very smart people. The work of auditors is essential for any company.

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  5. In my opinion accountants must be as ethical as they can due the information they gather is confidential.

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  6. Regarding your second answer, I also believe that auditory is the most interesting job mentioned. I find interesting and important what auditors do to keep companies and organizations in order.

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  7. The Auditor not only studies the financial, but also the performance and compliance, evaluates the personnel, detects risks and performs procedures on the Finds. another activity is that it verifies that the company complies with the legal provisions.

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ASSIGNMENT 28: LEGAL FACTORS AFFECTING BUSINESS

Ekateryna Calderón Hernández                                                                                                          NUA: 3...