Most of the people misinterpret the term accounting. Accounting is actually a study of collecting, monitoring and presenting financial data. Everywhere there is a need of accounting in similar or different forms. Although the use of mathematics is present in accounting, it is not considered as a branch of mathematics. Accounting is a domain of commerce or business.
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Madhu says accounting some time seems a boring job due to burnout. However its a job that she loves. The job of accounting is not as simple as it appears. Simple faults are sufficient to ruin the career. Sometime these faults are done intentionally to make money and for company growth.
Now day’s there is a trend to outsource the accounting work in many companies in order to minimize the work load and increase the output. It is very risky to give all the important financial information to the outsourcing company and depends on it for balance sheet management, payroll management and other financial analysis.
Author Profile:Madhu is working as an accountant in a Howarah steel industry. Howrah or Haora is an industrial city, a municipal corporation in the Howrah district, West Bengal, India. It is the headquarters of the district, and also the headquarters of Howrah Sadar subdivision of the district. Located on the west bank of the Hoogli River, it is a twin city of Kolkata.
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