Answer to Question #183006 in English for Greg Kuria

Question

Essay on the importance and relevance to the performance of duties and responsibilities of accountant

Answer 1

Virtually all organizations have accountants. There are some instances where some companies opt to outsource accounting services if they cannot afford a full time employee. These facts underscore the importance of an accountant in an organization. The primary objective of all businesses is to make profit. When dealing with large sums of money, it is the role of the accountant to establish whether a company is making profits or losses. Furthermore, an accountant also deals with legal obligations such filing of tax returns. The accountant also works closely with other departments, such as the finance department to calculate the financial position of an organization at any given time. In essence, the role of an accountant in an organization cannot be overemphasized.