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Career Paper

In: Business and Management

Submitted By gjacks06
Words 504
Pages 3
Career Paper
Gabriel Jackson
ACC121
Baker College of Flint

This world we live in operates with money, without accounting, money isn’t used properly. Everyone who wants to live successfully, needs accounting. Accounting is the process of keeping financial accounts. Unless someone wants to keep their life savings in their home where it could be stolen or destroyed, your money can be managed through accounting; and if you don’t want to do it, get an accountant. I believe accounting is the most convenient way to keep track of your money. It can help you figure out how much money you’re spending, how much your making, how much you need to make, and how to make it at a certain time. You can have an accountant or even be an accountant. Businesses need accountants to make sure they are getting revenue; businesses hire for different accounting jobs such as plant controllers and accounting managers. Businesses like Atlas, Six flags, Cedar Point, and Grain Systems Inc. (GSI) hire a team of accountants because it is a lot to handle in accounting and they don’t want anyone making mistakes and misreading important information. Accountants can be the most important job in a business, without an accountant, the business won’t know if they have gone bankrupt or not. Many people need accountants because they don’t have time to sit and look at net income, expenses, cash flow, etc. You can be an accountant for Auditors, CIA agents, FBI agents, and Tax Lawyers. These type of people make a lot money, spend a lot of money, and have very little time to look back at what they are spending. They don’t just hire anyone to manage their money, they’re looking for people with specific skills like critical thinking, problem solving, systemizing, one who can work efficient, and independent. Some people prefer personal accountant so they can manage no one but their money, but there are professional organizations that can manage your money, but there are professional organizations that can manage your money; like Bank of America, Merrill Lynch, Salomon Brothers, ,JP Morgan, and Ernst & Young. These are businesses who only manages people money, but won’t have the perks of a personal accountant. It’s not likely banks will misread information on your account, but I recommend a personal accountant to be safe. Accounting runs the world; the only way the United States knows how much money they owe China is because of accounting, mayors and governors spend money on their city or state but not too much because they know how much they can spend from their accountant. If it wasn’t for accounting, many famous people would be broke. They get so much money at one time and don’t know what to do. They go to the mall and spend until they are tired, but their accountant tells them they can’t spend so much money because of expenses & bills. Accountants help make money also, they can notify you about things you can invest in to make more money.…...

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