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Introduction to Accounting Chapter 1. Accountant handles a broad range of responsibilities, makes business decisions, and prepares and interprets financial.

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Presentation on theme: "Introduction to Accounting Chapter 1. Accountant handles a broad range of responsibilities, makes business decisions, and prepares and interprets financial."— Presentation transcript:

1 Introduction to Accounting Chapter 1

2 Accountant handles a broad range of responsibilities, makes business decisions, and prepares and interprets financial reports.

3 For-profit business Examples: Operate to earn money for their owners. McDonalds Target Best Buy Belk

4 Not-for-profit organization Examples: Also known as non-profit organizations. Does not operate to earn a profit. United Way Red Cross Salvation Army Hannah Home Homeless Shelter

5 Accounting Ladder Accounting Clerk Bookkeeper Accountant Certified Public Accountant

6 Certified Public Accountant (CPA)

7 Public Accounting Provide accounting services to their clients.

8

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