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Primary objectives of accounting: role as an accountant

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You have been asked to speak at a career fair for high school students in your home town.
Specifically, you are making a presentation about your role as an accountant.

* Describe for the students the primary objectives of accounting.
* Explain the basic terminology of the accounting process or financial reporting.
* Explain how accounting has affected your personal life emphasizing professional ethics.
* Explain the role that technology has played in small business accounting.

Just give me a few ideas to get started.

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Solution Summary

Your response is very brief, 176 words (about a paragraph). It will give you a start so that you can expand to whatever length you need, adding your own thoughts and the thoughts of others that you interview. The comments are the OTA's opinion so there are no references.

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The primary objectives of accounting are to provide relevant and reliable information about the performance and the things they own and owe for use by decision-makers.

The basic terminology includes profits (what you sold less what you spent to serve customers), assets (things of value that are ...

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