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Role of Accountant

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Role of Accountant In the financial management of companies and organizations, accountants are essential. They are responsible for recording financial transactions, ensuring that financial laws and regulations are followed, creating financial statements and reports, and giving management advice and direction. The word " Accountant Chatham " is frequently used in connection with several other terms, making it unclear what this profession includes. For instance, although "accountant" and "bookkeeper" are frequently used interchangeably, they have some significant distinctions.   An accountant may perform a variety of functions, including: Accounting professionals keep track of all financial transactions within a company or organization. This entails keeping complete records of all receipts, and payments as well as of all assets and liabilities. Preparation of financial statements: Accountants prepare financial statements such as balance sheets, income stat