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The field of accountingAccounting frequently offers the qualified person an opportunity to move ahead quickly in today is business world. Indeed, many of the heads of large corporation throughout the world have advanced to their positions from the accounting department . in industry, management, goverment and business accountants generally start near the top rather than near the bottom of the organization chart. Management relies on the expert knowledge and experience of accountants to cope with the increasingly complex problems of taxes and cash flow.Accounting is a basic and vital element in every modern business. It record the past growth or decline of the businesss. Careful analysis og these results and trends may suggest the ways in which the business may grow in the future. Expansion or recognization should not be planned without the proper of the accounting information and new products and the cammpaihns to advertise and sell them should not be launched without the help of accounting expertise. Accounting is one of the fastest-growing fields in the modern business world. Every new store, school, restaurant, or filling station-indeedany new enterprise of any kind-increases the demand for accountants. Consequently, the demand for competent accountants is generally much greater than the supply. Goverment officials often have a legal background, similarly, the men and women in management often a background in accounting . they are usually familiar with the methodology of finance and the fundamentals of fiscal and business administrationEarlier accounting procedures were simple in comparison with modern methods. the simple bookkeeping procedures of a hundred years ago have been replaced in many cases by the data processing computer. the control of the fiscal affairs of an organization must be as scientific as posibble in order to be effective.
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