Conclusion


Development in the accounting field provides a person with broad business training, thus avoiding the pitfalls of early specialisation. Most professional accountants initially work with a firm of practising accountants, in the accounting/financial department of a firm in commerce or industry, or in the government. Having acquired sufficient experience, they may enter into partnership or start their own business. Many accountants also go into administrative and managerial posts. Some have become specialists in major business fields like banking and insurance.


Top