myth about accounting

Accountant equal Tax Preparer or IRS Agent

Myth about Accounting

Accounting is the measurement, processing and communication of financial information.
Accountant equal Tax Preparer or IRS Agent

The true definition of an accountant is one who has a degree in Accounting. Yes, I prepared taxes right out of college when I worked for a public CPA firm, but the only reason that I was required to do such was because the partner I worked for had a few tax clients. Mainly, I audited companies. This does not mean a tax audit. This means that I went in, looked at their books and spot checked for accuracy. After this, we would give them a report on needed improvements and areas that looked good. This is a very brief summary of a company audit.

Technology is Eating Up the Accounting Profession
Accounting was Discovered by Some Nerdy Guy With a Pocket Protector
Accountants are introverted or boring
All certified public accountants (CPAs) are income tax experts
I can handle my accounting myself I have QuickBooks
Accounting is only important at tax time
Accounting software is simple
internet has rendered accountants worthless
Accounts are for qualified accountants only
I need to spend time to learn Accounting Software
I still need to calculate taxes manually
An Accountant will cost me an arm and a leg
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