Summary: One basic duty of an accountant is to help a company manage the analysis of their data, and then help them make managerial decisions based on this information. Learn about how accountants help companies with their taxes with help from an accountant in this free video on accounting.
Spencer Cottam and Jeannine Smith work together at Account Team in Salt Lake City, Utah.read more
"Hi, my name is Jeannine Smith. I'm with Account Team here in Salt Lake City and I'd like to talk to you today about some of the duties of an accountant. One of the most basic duties is being able to help management of a specific company analyze their data. Help them make managerial decisions based on the information that you are keeping track for them. Next you want to help them keep track of their bills and their receivables. Make sure that everything gets paid on time and make sure that their not losing out on monies that should be coming in. Next you'll want to be able to help them especially with their taxes. Most people are most concerned with their taxes at year end and will need some help in doing that. Companies may be quarterly or monthly or annually. And you'll want to be able to be familiar with the different duties involved in preparing their books for tax season. Depending on the size of the company you may be looking at a few hours a week in keeping track of their books. If you are going to be doing all the accounting responsibilities for a mid-sized company this may be a full time job for one person. When you get up into the larger companies they'll have full departments dedicated to the accounting of their company. And it requires a lot of expertise in different areas. Advanced accounting involves assisting a company in a tedious task of auditing. Other duties involve helping in getting loans, preparing financial statements to submit to banks in order to secure the loans that are necessary to further their business. And accountant is usually a CFO or chief financial officer. That is the top financial management position of a company."
eHow Article: Duties of an Accountant