Accounting Careers & Information: Video Series

The difference between accounting and bookkeeping is that bookkeeping is the recording of a financial transaction, while accounting is the system of putting transactions together into a report for the leaders of a business. Discover how accountants allow business owners to understand the financial perspective of an organization with information from an accounting professor in this free video on accounting.

The basic principles of accounting are established by the Generally Accepted Accounting Principles and include being able to record revenue and expenses. Accounting for a business should always include records of transactions for a given time period. Find out how to learn accounting principles with information from an accounting professor in this free video on accounting.

Financial accounting is the process of recording financial information for a company through reports on the company's balance sheet, income statement and statement of cash flow. Learn how financial accounting allows businesses to make financial decisions with information from an accounting professor in this free video on accounting.

To become a chartered accountant, obtain a professional qualification, a technician qualification and a diploma related to operational and strategic financial skills. Visit the Web site for the Association of Chartered Certified Accountants with insight from an accounting professor in this free video on accounting careers.

The job description for an accounting technician focuses on data entry, paperwork processing and working with basic accounting department functions. Handle accounts payable, accounts receivable and payroll as an accounting technician with advice from an accounting professor in this free video on accounting careers.

Become a financial account analyst by obtaining a four-year degree and a graduate degree that focus on understanding financial statements, budgeting and forecasting. Help a company understand its financial needs with information from an accounting professor in this free video on accounting careers.

Internal controls of accounting help eliminate fraud within a given company by focusing on the day-to-day functions within the accounting department. Find out how internal controls help employees perform their accounting duties with information from an accounting professor in this free video on accounting careers.

A certified management accountant focuses on the measurement of the accounting principles that go into providing reports for management analysis. Discover the difference between certified management accountants and certified public accountants with information from an accounting professor in this free video on accounting careers.

General accounting handles the bills, invoices, accounts payable, customer receipts, accounts receivable and payroll functions of a business or organization. Learn how accounting allows an organization to analyze its financial performance with information from an accounting professor in this free video on accounting.

MAS 90 Accounting is an accounting software package for Enterprise Resource Planning, which bundles accounting functions with other processes of manufacturing or sales. Find out how MAS 90 Accounting allows a company to use one system for all functions with information from an accounting professor in this free video on accounting software.

Open-book accounting is the business practice of allowing investors or creditors to view and analyze accounting books in order to ensure that everything is being properly recorded and utilized. Establish honest relationships with vendors through open-book accounting with information from an accounting professor in this free video on accounting.

Some accounting terms include assets, which are anything that a business owns; and liabilities, which include things like debts and bills. Learn more accounting terms, such as income statements and balance sheets, with information from an accounting professor in this free video on accounting terms.

The different types of accounting include financial, which centers on gathering and reporting company finances; tax, which focuses on paying state and federal taxes; and managerial, which provides accounting reports to company heads. Understand the different functions of each type of accounting with help from an accounting professor in this free video on accounting.

The yearly salary for an accountant can vary greatly, with ranges from $8 an hour to more than $200,000 a year depending on education, responsibilities and the size of the company. Earn an average salary of $40,000 to $60,000 a year with an accounting degree using information from an accounting professor in this free video on accounting salaries.

Non-profit financial account keeping requires a basic understanding of the accounting and reporting that needs to take place for the government body that is providing funds. Learn the difference between cash and accrual basis accounting with insight from an accounting professor in this free video on accounting.

Putting financial accounting into an economic context allows a business and its investors to make sound economic decisions about competitors and sales. Understand the financial stability of a business in relation to the current economy with information from an accounting professor in this free video on accounting.

Functions of an accounting department include receipt of money, paying bills, payroll, recording and tracking assets and inventory, and financial reporting. Discover how an accounting department will also compile and file taxes for a business with information from an accounting professor in this free video on accounting.

Requirements for being an accountant vary depending on responsibility, but often include basic knowledge of accounting functions or an accounting degree. Find out how some accounting careers require a master's degree in business administration with information from an accounting professor in this free video on accounting careers.

The mission of a financial accounting manager is to provide accurate and timely information to managers, owners and investors about the financial position of a company. Discover how financial accounting managers use financial statements, balance sheets, income statements and statements of cash flow to report on a business with information from an accounting professor in this free video on accounting careers.

Accounting is important for allowing a business or organization to understand its financial perspective. Learn how accounting helps managers and owners make important financial decisions with information from an accounting professor in this free video on accounting.

Career opportunities for accounting majors include becoming a CPA, working for private companies, being a comptroller or even becoming a chief financial officer. Explore the career paths available to an accountant with information from an accounting professor in this free video on accounting careers.

The accounting code of ethics is the model behavior for an accountant which states that an accountant will not alter the financial data for a company. Apply the accounting code of ethics to all areas of accounting with advice from an accounting professor in this free video on accounting.

The history of financial accounting was altered greatly by computers and accounting software that has been developed. Find out how accounting records used to be kept on ledgers with information from an accounting professor in this free video on accounting.