Accounting The Role of an Accountant

A skilled and professional accountant in modern businesses is a valuable asset to the organisation. An accountant plays numerous administrative roles in an organisation and performs the various financial functions such as financial data management, financial data analysis, advising on business operations, preparation of financial statements, supervising and assisting with taxation issues, etc.

The unit focuses on the role of the accountant, accounting personnel and different methods of accounting. It also describes the advantages of the double-entry system, the nature of accounting functions and various types of accounting including a look at the meaning of debit and credit and the differences between bookkeeping and accounting.

In this unit, candidates will learn about the organisation of accounting and finance, the bases of accounting and accounting terminology.