What do accountants do?

[tonny]

I’m trying to understand what do accountants do on a daily basis because the role seems so broad. Do they only handle taxes, or do they work with budgeting, audits, and financial reports too? I’d love a simple explanation of their main responsibilities. If anyone can clarify, it would really help.

 

[Adam]

Accountants handle financial records, prepare reports, manage taxes, track expenses, and ensure everything follows legal and financial guidelines, basically keeping a business’s money organized and accurate.

 

[maddy]

Accountants do not simply deal with taxation, they also deal with budgets, financial documentation, reports, and audits in an attempt to ensure that finances of a business are precise and well-run.

 

[Clay]

Accountants manage and analyze financial records, handle taxes, track expenses, prepare reports, and ensure a business or individual stays financially organized and compliant.

 

[stevesmith]

Financial information of individuals and businesses is recorded, analyzed, and reported by accountants. They can help budgets, make decisions, and maintain financial health by preparing financial statements, tax management, legal compliance, audits, and expenses monitoring and giving financial advice.

 

[masur]

In addition to preparing financial statements and tax returns, conducting audits, and advising clients or management on financial matters, accountants also keep track of and evaluate financial records. They oversee budgets, estimate financial performance, guarantee accuracy and adherence to financial regulations, and assist with payroll and cost tracking for people, companies, and governmental organizations.