We describe the health of a company, organization or individual, by using their skills in math, accounting, law and finance. They analyze profits and losses, providing information that investors and business owners need in order to evaluate how a company is doing over a period of time.
This information forms the basis of a company’s report and legal filing reports. The following are some of the duties that an accountant may have to perform.
- Determines payroll requirements; maintains payroll data; prepares and processes monthly payrolls
- Interacts with internal and external auditors in completing audits
- Explain billing invoices and accounting policies to staff, vendors, and clients
- Prepare and review budgets, revenue, expenses, payroll entries, invoices, and other accounting documents
- Analyze and review budgets and expenditures for local, state, federal and private funding, review contracts, and grants
- Prepare profit and loss statements and monthly closing and cost accounting reports
- Analyze revenue and expenditure trends and recommend appropriate budget levels, and ensure expenditure control