Tips to Write Outstanding Accounting Assignments Comprehend the basics of accounting. Understand the requirements. Basic outlining. Practice a lot. Understand the assignment. Write a proper introduction. Write a thesis statement.
A typical chart of accounts has five primary types of accounts: Assets. Liabilities. Equity. Revenue. Expenses.
The balance sheet may be presented in two forms: account form and report form. In account form, assets are presented on the left side while liabilities and capital are presented on the right. In report form, assets are presented first and then followed by liabilities and capital.
Staff Accountant A mid-level accounting position between junior accountant and senior accountant. At public accounting firms, staff accountant may be an entry-level position. Staff accountants typically have bachelor degrees but are not necessarily Certified Public Accountants.