http://accountinghomeworkrescue.com/accounting-the-evolution-of There are many functions of both the idea of accounting and accountants in general. The need for bookkeeping and records, as well as keeping numbers is both an organizational tool that is used by many, as well as a framework for an entire business model. In order for a business to thrive and progress, it needs to have a strong sense of bookkeeping properties, which incorporates accounting greatly. Even in households, there is a large need for a type of accounting practice. The numbers of every bill and purchased item needs to be accounted for in one way or another to prevent a debt or loss of money. This idea of organization and checks and balances is what keeps bookkeeping and accounting so relevant today. Check out the above link for accounting homework help.

1. The Evolution of Accounting
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2. The evolution of accounting
Background on accounting
The idea of accounting is an age old
practice that has been around since
the Mesopotamia era.
The word accountant is from the
French word, compter and from
the Latin word, computare.
Accounting occurred in the ancient
times of Babylon, Assyria, and
Sumerian, as well as Mesopotamia.
Accounting homework

3. The evolution of accounting
Today, in addition to in historic
times, we use many forms of
accounting.
We use accounting practices in our
day-to-day lives in many different
aspects.
It is vital that we keep “tabs” on
numbers and an eye on our
finances as to prevent any mistakes
in the long run that could lead to
financial ruin.
Accounting homework

4. The evolution of accounting
The idea behind accounting
There are many functions of both
the idea of accounting and
accountants in general.
The need for bookkeeping and
records, as well as keeping
numbers is both an organizational
tool that is used by many, as well
as a framework for an entire
business model.
Accounting homework

5. The evolution of accounting
In order for a business to thrive and progress, it needs to have a
strong sense of bookkeeping properties, which incorporates
accounting greatly.
Even in households, there is a large
need for a type of accounting practice.
The numbers of every bill and purchased
item needs to be accounted for in one
way or another to prevent a debt or loss of money.
This idea of organization and checks and balances is what keeps
bookkeeping and accounting so relevant today.
Accounting homework

6. The evolution of accounting
Specialization
The idea of specialized accountants is also necessary if the amount
of numbers and receipts and payments is just too much for one or
even a few people to keep track of.
An accountant by trade is trained in the idea of accounting for and
organizing everything that deals with bookkeeping and keeping all
the numbers organized.
A proper accountant knows how to
organize the receipts and payments and
keep everything at arm’s length if there
is ever a problem that needs to be
addressed down the road.
Accounting homework

7. The evolution of accounting
Accounting today
These days, accounts are more
important now than ever. With the
advent of computers, there is a quicker
way of doing the actual
accounting, but there are so many
more things to take into account.
There are more things that are checked
and more things that need to be
addressed and accounted for.
Accounting homework

8. The evolution of accounting
Just the government alone requires the
income tax be filed and an accountant
usually needs to be involved in this tedious
transaction.
There are many different forms and specific
paperwork that needs to be filled out in
order not to miss anything.
A proper accountant has the knowledge to
fill out the proper paperwork and send all
appropriate documents to the individual or
individuals in question.
Accounting homework

9. The evolution of accounting
It's always required
There are times when many
people choose not to use the
assistance of an accountant and
they might become confused as
to their financial model or not
know where some of their
revenue went.
This is the time when a productive
accountant comes into play.
Accounting homework

10. The evolution of accounting
The reality is that even if an individual
or several individuals does not want to
use a specialized account to assist
them, they still need to do some type of
accounting on their own time and some
form of bookkeeping.
Anything that is bought or sold or used
should be accounted for, even if the
accounting is done by the individual
themselves and not a professional
accountant.
Accounting homework

11. The evolution of accounting
Study accounting
In order to become a professional accountant, one needs to
complete a high level of education and study.
The education that is necessary includes all aspects of accounting
and bookkeeping and other facets of the entire accounting
profession.
This completion will assist the
prospective accountant for when they
start doing the accounting work for
customers and many different people
with different jobs, businesses and
financial outlooks.
Accounting homework

12. The evolution of accounting
A proper accountant has an education that encompasses the many
facets of the accounting process and has the knowledge and
experience to impart their education on the lives of the people that
they work for.
An accountant is also able to help the public with their taxes.
The taxes for many people can become a
tedious and very confusing process.
Since the taxes depend on the how much
money the individual makes, the taxes can
change drastically from one person to
another person.
Accounting homework

13. The evolution of accounting
This change and variation can be
very confusing to most people if
they are not well versed in the
accounting specifics.
The taxes that an individual pays
also incorporate the property
they own, if they have any
dependants, and many other
factors.
Accounting homework

14. The evolution of accounting
The difficulty with taxes is no one person
is able to compare their situation with
anyone else, because even small changes
are taken into account and affect the
taxes that an individual or family must
pay.
Then there are other instances where a
professional accountant is able to help
individuals get money from the
government through different assisted
programs and other perks that certain
individuals are able to obtain.
Accounting homework

15. The evolution of accounting
Summary
In recent times, the accounting profession has changed for
professional accountants drastically and the entire bookkeeping
and private accounting practices for individuals who do not
practice professional accounting has changed as well.
The reason for this change is the internet
and great leaps in technology.
The internet and computers in general
allow much more information to easily be
inputted into a form than it had ever been
before.
Accounting homework

16. The evolution of accounting
This makes things quicker and more easily
to be done by anyone, making
professional accountants actually more
obsolete, or in essence, easing the job
requirements of professional accountants.
The internet and computers has helped in
many ways, but there is always a
downside to a strong upside.
And, there are more privacy issues with
the technological advancements
now, more than before.
Accounting homework

17. Thank You
The Evolution of Accounting
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