Definition of Financial Statement
An accountant is in charge of financial statement analysis, financial statement audit, tax audit, and so on. The role of an accountant cannot be separated from various types of businesses. They must have the knowledge and expertise of an adequate accounting gained from college, so it can accommodate the needs of entrepreneurs in doing business.
The Financial statement is : accounting reports prepared periodically to inform the owner, creditors, and other interested parties as to the financial condition and operating results of the business.
An accountant must understand the cost management of a project to reduce over budget during the planning phase. The task of an accountant is Estimating and controlling. Monitoring of all costs on a daily basis to ensure that these costs are fixed in accordance with the budget. All expenditures must have documentation and in accordance with the track.
A good accountant is able to help manage business finances appropriately to provide financial information, financial planning, realization of planning, up, escorted them to the end.
Honest at work
An accountant should be honest and responsible in reporting financial condition. In this case, an accountant must be transparent, as is and have no intention of committing fraud.
Accounting is very close to numbers, just a little wrong; the company will suffer losses and even bankruptcy. Therefore, an accountant should be careful and cautious/accurate, in carrying out its work, in order to avoid mistakes that could harm the company.
For an accounting, not just a recording, but they also have to examine in detail when recording a variety of financial transactions. Without sufficient detail, accuracy will not be achieved and cannot be justified.
To be a conscientious accountant, you also have to look at in detail. In the accounting matters, the nature of these details can be seen from how you recorded a transaction. A good accountant will not record the transaction in general, in the sense of combining post transactions in financial preparation in one journal at a time
An accountant should not have doubts. They must have a high consistency of the accountability and consistent behavior. Issue costs according to complete regulations and documents. Without a document attached, an accountant must be able to refuse the expenses.
Skeptics question here is do not believe all information in any form before performing verification and information if there is no attachment data and facts. If you want to be a reliable accountant must have a high level of Skepticism. An accountant must have the courage to say no if it is not in accordance with financial regulations or he will be missed and have to take responsibility for it.
An accountant, cannot accept reports based on arbitrary assumptions and considerations. They always think smart, logical and not rigid. Accounting is not an exact science, where you can still use principles and assumptions. An accounting generally, can accept things that caught logical reason and an excuse.
Source: PPM Institute, Investopedia