AC114 Unit 3 Discussion The Importance of Accounting in Today’s Environment
Throughout this course, many discussion opportunities come up where you need to respond to other people’s opinions and comments. Address the Discussion topic after you have completed your reading.
Topic 1: The Importance of Accounting in Today’s Environment
The increasing complexity of the current business and regulatory environment has created an increased demand for accountants who can analyze business transactions and interpret their effects on the financial statements. In addition, a basic ability to analyze the effects of transactions is necessary to be successful in all fields of business as well as in other disciplines, such as law, healthcare, etc. To better understand the importance of accounting in today’s environment, search the Internet for job opportunities by using the following link.
- Find an advertisement for an accounting job.
- Find an advertisement for a non-accounting job that requires accounting skills or basic knowledge.
- Describe how accounting is used in each position, the accounting background needed and the overall job duties.
- Which one would you apply for and why?
Source: Retrieved from: http://www.monster.com/geo/siteselection.aspx
Accounting Job: Corps Team
Position: Accounts Receivable Specialist
This job had a few different roles all related to accounting as you can assume from the position. An Accounts Receivable Specialist is expected to post and apply payments to the accounts of both clients and customers. Collecting data, identifying and resolving errors, and reporting accurate data of all accounts is mandatory, as well as having 1 or more years experience in A/R or Collections are some specific accounting requirements……..
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