
Пожалуйста переведите текст нормально An Accounting Overview Accounting is frequently called the
"language of business" because of its ability to communicate financial information about the organization. Various interested parties, such as managers, potential investors, creditors, and the government, depend on a company's accounting system to help them make informed financial decisions. An effective accounting system, therefore, must include accurate collecting, recording, classifying, summarizing, interpreting, and reporting of information on the financial status of an organization. In order to achieve a standardized system, the accounting process follows accounting principles and rules. Regardless of the type of business or the amount of money involved, common procedures for handling and presenting financial information are used. Incoming money (revenues) and outgoing money (expenditures) are carefully monitored, and transactions are summarized in financial statements, which reflect the major financial activities of an organization. The work of accountants is rather sophisticated. People who specialize in the field of accounting are known as bookkeepers and accountants. Bookkeepers deal in taxes and different business transactions of the company. The accountant's responsibility is to analyze and interpret the financial data and make it understandable for users. In the United States, accountants are usually classified as private, government, and public. Private accountants work solely for private companies or corporations that hire them to maintain financial records, and governmental accountants work for governmental agencies. Both private and governmental accountants are paid on a salary basis, whereas public accountants receive fees for their services. Public accountants work independently and provide accounting services such as auditing and tax computation to companies and individuals. Many accountants have special certificates after they pass examinations in Institute of Accountants. Certified accountants in England are called chartered accountants. In the USA the certified accountants are called certified public accountants (CPA). Through effective application of commonly accepted accounting systems, accountants provide accurate and timely financial information that is necessary for organizational decision-making. No expansion or reorganization is planned without them. New products and advertising campaigns are also prepared with the help of the accountant.

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Accounting, often referred to as the "language of business," plays a crucial role in communicating financial information about an organization. Various stakeholders, including managers, potential investors, creditors, and the government, rely on a company's accounting system to make informed financial decisions. To achieve this, an effective accounting system must involve accurate collection, recording, classification, summarization, interpretation, and reporting of financial information.
Accounting principles and rules guide the accounting process to ensure a standardized system. Regardless of the type of business or the amount of money involved, common procedures for handling and presenting financial information are used. Revenues (incoming money) and expenditures (outgoing money) are carefully monitored, and transactions are summarized in financial statements, which reflect the significant financial activities of an organization.
The work of accountants is quite sophisticated. Individuals who specialize in accounting are known as bookkeepers and accountants. Bookkeepers handle taxes and various business transactions of the company, while accountants analyze and interpret financial data, making it understandable for users.
In the United States, accountants are typically classified as private, government, or public accountants. Private accountants work exclusively for private companies or corporations that hire them to maintain financial records. Governmental accountants, on the other hand, work for governmental agencies. Both private and governmental accountants are typically paid on a salary basis. Public accountants, however, provide accounting services such as auditing and tax computation independently and are paid fees for their services. Many accountants obtain special certificates after passing examinations in institutes of accountants. In England, certified accountants are known as chartered accountants, while in the USA, they are called certified public accountants (CPA).
By applying commonly accepted accounting systems effectively, accountants provide accurate and timely financial information necessary for organizational decision-making. Their expertise is crucial for planning expansions or reorganizations, as well as preparing new products and advertising campaigns. The accountant's role is indispensable in ensuring the financial health and success of an organization.


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