It is a systematic process of identifying, recording,

measuring, classifying, verifying,

summarizing, interpreting and communicating
financial information. It reveals profit or loss for a
given period, and the value and nature of a
firm's assets, liabilities and owners' equity.

Public accountants perform many
functions, including financial
statements audit, designing
financial accounting systems,
assistance in terms of management
accounting, providing management
advisory services, tax calculation
and preparation of financial
statements .
Interacting With Computers: Using
computers and computer systems to program,
write software, set up functions, enter data,
or process information.

Analyzing Data or Information: Identifying
the underlying principles, reasons, or facts of
information by breaking down information or
data into separate parts.

Processing Information: Compiling, coding,
categorizing, calculating, tabulating, auditing,
or verifying information or data.
The tool most used by
public accountants is the
computer.
Usually calculator, cell.
There are a number of
software applications that
an accountant can find him
or herself using. The most
prevalent piece of software
is Microsoft Excel, Helisa,
Siigo


Public accountants: Their clients include
corporations, governments and individuals. They
fulfill a broad range of accounting, auditing, tax and
consulting duties.

Management accountants: They record and
analyze the financial information of the clients they
work for, and provide it for internal use by
managers, not the public.

Government accountants: Maintain and examine
records of government agencies, audit private
businesses and individuals whose activities are
subject to government regulations or taxations.

Internal auditors: They check for risk management
of an organization or businesses' funds.
The public accounting has an
important role in all personal
and commercial activities, so the
accounting is very important, all
companies have a need to keep
track of their business and
financial negotiations, thus get
higher productivity and
utilization their heritage. The
services provided by accounting
are essential to obtain legal
information.
Assets: Activos.
Financial statements: Estados financieros.
Expenses: Gastos.
Tax: Impuesto.
Income: Ingresos.
Functional currency: Moneda Funcional.
Liabilities: Pasivos.
Equity:Patrimonio.
Cost: Costos.
Accounts: Cuentas.
Small and medium-sized entities (SMEs): Pymes.
Accounting policies: Polticas contables.
Portfolio: Cartera.