Bookkeeping and Accounting Records

Topics: Accountant, Accountancy, Certified Public Accountant Pages: 2 (689 words) Published: December 7, 2010
Kamaria King
Instructor Mecham
LS 104
19 November 2009
Accounting as a Major
I decided to be an accountant because math comes easy to me. Since I was a little girl, I always got good grades and in math and not good grades in English. When I researched about accounting, I appreciated the salaries that I found. My grandfather has a friend who is a CPA and he told me that he can control how many hours he works a week. He helped make my decision easier because that was a question that I didn’t know the answer to. Accounting has a lot of history behind its profession. Bookkeeping and Accounting records have been used since early history until now. They were discovered in Babylonia (present day Iraq) date to 3600 B.C. The Egyptians, Greeks, and Romans each kept their own bookkeeping and accounting records. Modern accounting became the technique of double-entry bookkeeping and developed in the 15th-16th century by Luca Pacioli (Italian Mathematician). When the government and industrial institution were developed in the 19th and 20th centuries, accurate records and information were needed to help make decisions on economic and management procedures. Accounting professions in the US date back to 1880, English and Scottish investors began buying stocks from American companies. Federal legislation, such as the income tax in 1913 and excess profits tax in 1917, helped cause an accounting boom that made the profession active to all businesses (Accountants and Auditors pg. 1). Accountants develop document recordkeeping and accounting systems. They compute taxes owed and prepare tax returns. They also have to maintain and examine records of government agencies. Accountants have several skills that they should experienced with such as, mathematics, active listening, critical thinking, monitoring, judgment and decision making, active learning, reading comprehension, system analysis, and system evaluation. The most education a person needs to be an accountant takes a...
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