Preview

How to Write Accounting Essay

Good Essays
Open Document
Open Document
1074 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
How to Write Accounting Essay
How to write an accounting essay...

The basis of most academic work is the ability to construct a good essay. Although this sounds obvious, it is a skill which most students need to develop as none of us is born with the natural ability to write an essay, never mind one which will both address a given topic effectively and adequately support an argument with evidence. The most important aspect of writing an accounting essay or report is that the content must be informative and factually accurate; to ensure that opinions are supported by facts and figures in accordance with latest financial reporting standards and the piece considers all points of views. The layout and presentation is also critical in writing a good accountancy essay. The inclusion of an introduction to launch the essay is important for two reasons, firstly to address the topic and secondly to identify the audience before embarking on any written exercise, the writer must have it clear in his or her own mind who they are writing for, hence, consideration for your audiences level of accountancy knowledge. Also the essay needs to offer an objective conclusion in ensuring that the essay has addressed the accountancy question posed.
Step One: Introduction
Before commencing to answer the specific accounting question set for any given essay, the writer must establish a clear understanding of the question being addressed, he or she must outline for the audience the question being addressed in the essay and also underline the objectives of the essay, what is it that you are trying to reach a conclusion for? This is a vital part of any academic essay writing, as this will outline the end goal of your essay.
Step Two: Structure and Resource Planning
Once the writer has established a clear understanding of the question to be addressed within the essay, the next step is to ensure that a structured approach is undertaken in writing the accounting essay. A clear and concise essay plan will ensure that

You May Also Find These Documents Helpful

  • Good Essays

    Let's start with a review of the three requirements of Part A of the Course Project. Explain why it is important to analyze each financial transaction of a business and to report it in the Accounting Information System. Sugges...…

    • 576 Words
    • 2 Pages
    Good Essays
  • Satisfactory Essays

    4. Explanation of the key accounting principles and assumptions behind the preparation of the financial statements. That is, explain (in your own words) to A. Lopez the general principles that determine:…

    • 445 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    ACC 290 wk 1

    • 551 Words
    • 3 Pages

    This written essay will discuss the four basic financial statements used in accounting. It will describe the purpose of the four financial statements. How these statements would be useful to internal users, such as managers, and employees. How the external users, such as investors, and creditors would find these statements useful.…

    • 551 Words
    • 3 Pages
    Good Essays
  • Better Essays

    The purpose of this paper is to define accounting, and identify the four basic financial statements. The paper also explains how the different financial statements are interrelated to each other and why they are useful to managers, investors, creditors, and employees.…

    • 1007 Words
    • 5 Pages
    Better Essays
  • Powerful Essays

    Learning Objectives 1. 2. 3. 4. 5. 6. 7. 8. Describe the usefulness of a conceptual framework. Describe the FASB’s efforts to construct a conceptual framework. Understand the objectives of financial reporting. Identify the qualitative characteristics of accounting information. Define the basic elements of financial statements. Describe the basic assumptions of accounting. Explain the application of the basic principles of accounting. Describe the impact that constraints have on reporting accounting information. 1, 2, 3, 4, 5 6, 13 7, 11, 12 8, 9, 11, 12 10, 12 1, 2 2, 3, 4 5 6, 7 6, 7, 8, 9, 10 3, 6, 7 Brief Exercises Exercises 1, 2…

    • 18492 Words
    • 74 Pages
    Powerful Essays
  • Satisfactory Essays

    ACC 422 Week 2 INVIDUAL

    • 655 Words
    • 4 Pages

    E7-8 (Recording Bad Debts) At the end of 2007 Aramis Company has accounts receivable of $800,000 and…

    • 655 Words
    • 4 Pages
    Satisfactory Essays
  • Good Essays

    Adams Limited Case

    • 529 Words
    • 3 Pages

    The financial statement of Adams Limited is ready for a review. I spent about 2 hour making the adjusting entries and preparing the spreadsheet. The transactions of Adams Limited were very straightforward, so I could make the adjusting entries without much difficulties. I did not spend time researching about the adjusting entries. Instead, I used my accounting book as a guide for the financial statement format. Overall, I think I was very comfortable completing this assignment. However, I am sure that I will have to deal with more challenging assignments in the future. If that is the case, I will need to spend some time researching while I am working on each of the assignments. Things I remembered from school are the concept of time value of money, the calculation of the percentage of completion, making journal entries and adjusting entries, the differences between accrual basis of accounting and cash basis of accounting, LIFO&FIFO methods, basic financial statement preparation, and estimating bad debts expense: estimation of sales and estimation of account receivable.…

    • 529 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Principles of Internal Control (Knowledge) 4 3 Assessment criteria – learners can: Describe the purpose, structure and organisation of the accounting function and its 1.1 relationships with other functions within the organisation. Explain the various business purposes for which the following financial information is required • income statement (profit and loss account) 1.2 • forecast of cash flow (cash flow statement) • statement of financial position (balance sheet) Give an overview of the organisation’s business and its critical external relationships with 1.3 stakeholders Explain how the accounting systems are affected by the organisational structure, systems, 1.4 procedures, and business transactions. Explain the effect on users of changes to accounting systems caused by 1.5 • external regulations • organisational policies and procedures. 2.1 Identify the external regulations that affect accounting practice. 2.2 Describe the causes of, and common types of, fraud and the impact of this on the organisation. 2.3 Explain methods that can be used to detect fraud within an accounting system. Explain the types of controls that can be put in place to ensure compliance with statutory or 2.4 organisational requirements.…

    • 527 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Accountants and Writing

    • 258 Words
    • 2 Pages

    This article is relevant to our class because it stresses the importance of having good writing skills. I think it is critical to realize that in order to impress your employer, it is essential to be skilled not only accounting concepts, but also in writing and communication. If accounting classes begin to stress the importance of good writing starting in high school, students will be able to develop satisfactory skills for their professional career in the future.…

    • 258 Words
    • 2 Pages
    Good Essays
  • Good Essays

    Response Research Paper

    • 615 Words
    • 3 Pages

    One of the most fundamental steps in the writing process is planning. Planning is pertinent to the essay process. Planning one’s essay can do two things: answer…

    • 615 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Accounting Assumptions

    • 464 Words
    • 2 Pages

    Revenue recognition principle - revenue is realized (reported on the books as earned) when everything that is necessary to earn the revenue has been completed.…

    • 464 Words
    • 2 Pages
    Good Essays
  • Good Essays

    7 Identify and explain some basic questions the researcher must address in performing accounting, auditing, or…

    • 758 Words
    • 4 Pages
    Good Essays
  • Good Essays

    Being in college is a great opportunity to study the major everyone has always dreamed of. I am sure that not everyone that is in college at the moment knows exactly what direction to go with their specific major. By doing some research on my major I plan to gain some knowledge of what type of job opportunities my accounting major can offer me. At this moment I do not know exactly what different jobs I can pursue with my major. I am also sure that there are a several jobs that can deal with accounting that I will learn about.…

    • 971 Words
    • 4 Pages
    Good Essays
  • Good Essays

    The first reason that I possess the writing skills necessary to succeed in college is because of the skills I acquire to plan my essay. Planning an essay is an important first step to writing an essay and an essay is never ready to be written until there is a plan. When planning an essay, first is to analyze the essay; meaning…

    • 754 Words
    • 4 Pages
    Good Essays
  • Satisfactory Essays

    So, back to the original question and assignment, “How do I approach an Essay.” When we were asked to write essays in “school”, I would first consider the subject matter. I would then create an outline, a rough draft, and then write a finally copy. I do believe I know the fundamentals and hope I’m not making myself out to look like a victim, but I did think it was important to bring up my background when I was asked how we approached essay writing in high school.…

    • 336 Words
    • 2 Pages
    Satisfactory Essays