Accounting girls

  1. What is an Accounting System? A collection of accounting processes with integrated procedures and controls is referred to as an accounting system. An accounting system's purpose is to record company transactions, aggregate those transactions, and provide reports that decision-makers may use to monitor, evaluate, and improve operations. 2. What is the role of technology in the modern day? To satisfy market circumstances and customer demands, accountants must keep current with technology developments. Technological innovation has led the way in how accounting is done nowadays. Online resources and tools help with productivity and organizing. Furthermore, handwritten accounting firms are rapidly becoming obsolete, with electronic accounting forms taking their place. This not only eliminates mistakes but also allows for better and more accurate reporting, among other benefits. 2.1 Connecting to customers Technology has brought accounting professionals and customers closer. Dedicat...

Authors: Thu Trang & Hoang Anh 1. What is Accounting Ethics? Accounting ethics refers to adhering to certain regulations and norms established by regulatory authorities that every individual involved in accounting should follow in order to avoid misusing financial data or their managerial position. 2. Professional ethics principles of integrity This principle requires all professional accountants to be candid and honest in all their professional relationships. Integrity also requires being fair and trustworthy 3. Principles of professional ethics on objectivity The principle of objectivity requires all professional accountants not to let bias, conflict of interest, or the undue influence of others govern their professional or business judgments its business. 4.  Ethical principles of confidentiality Professional accountants and auditors must not: Disclose information obtained from professional and business relationships outside the accounting, auditing, or business firm or orga...