Question by Beth 🙂: What do accountants do on a daily basis?
What exactly does an accountant do? I am thinking about what I want to major in since I am going to college in a little over a year. I’m good in math and I enjoy it, and I think I would maybe like accounting. What is a typical day for an accountant? Are there different kinds? Or do you have any other suggestions of a type of job that involves math? (like algebra)

Best answer:

Answer by Nostra
In a general sense accountants are score keepers. We keep records that show if the company is winning or losing.

There are many different specialties in accounting, but they all require the same basic training.

some accountants do general ledger work, booking the companies transactions and producing Balance sheets and income statements. some specialize in just one function such as; accountants receivable (billing), accountants payable, cost accounting, taxes, finance, banking, insurance and many more.

I happen to work in the mortgage industry and specialize bond securitizations and FHA/VA insurance/guarantees.

all accountants learn the same basic skill set, to apply to what every task that requires their skills.

As for algebra, i often use simple equations most days.

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