What is the primary duties of an accountant?

Question

What is the primary duties of an accountant?

Answer 1

Counting beans.  (and other extremely boring duties)

Answer 2

Depends if the Accountant is in Public Practice or working for a Company.

In Public Practice an accountant is hired to verify the condition of the books and to produce Financial Statements for Management and external users (Banks/Government).  They are also used as business consultants.

Internal Accountants are there to verify the daily posting of the accounting departments staff,  prepare Statements for management.  They are also called upon to do budgeting and financing analysis.

Answer 3

Accountants and auditors keep track of a company's money. The company's managers and people outside the company read their reports. Managers look at the accountants' reports to see how well their companies are doing. Governments use the reports to tell how much tax a company should pay. Some people read them to decide if they want to do business with the company. Others use them to decide if they want to lend money to the company or not.

There are four kinds of accountants.

1)Public accountants work for public accounting companies. They do accounting, auditing, tax, and consulting work. Some have their own businesses. They do many different kinds of accounting for people outside the company.

2)Management accountants keep track of the money spent and made by the companies for which they work.

3) Internal auditors make sure that a company's accounting records are right. They check the records to see that no one in the company is stealing. They also check to see that no one in the company is wasting the company's money.

4)Government accountants and auditors make sure that government accounting records are right. They also check the records of people doing business with the government.

Jokes about an accountant definition:

What's the definition of an accountant?

Someone who solves a problem you didn't know you had in a way you don't understand.  

What's the definition of a good tax accountant?

Someone who has a loophole named after him.