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What does an accountant do and why is it so important? 

UNC Kenan-Flagler Business School
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What is accounting? And, why is it important? Accountants compile, analyze, and explain data that's ultimately used to make critical business decisions. So when the boardroom heats up, the accountant gets to work by asking the right people the right questions and delivering keen insight when it's needed most!

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10 фев 2019

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Комментарии : 117   
@chinabee23
@chinabee23 Год назад
i’ll graduate in May 2023 with an associates in finance and accounting. i cannot wait to get into this field of work! it has been my dream for the longest!!!! i’m so eager to learn new tactics and information on how to become a better accountant from other accountants i meet in the future. LET’S GOOOO!!! 🥳🥳🥳 c/o 2023
@controlafghane6303
@controlafghane6303 Год назад
its may 2023 so congratulations!!
@user-qb8yr4vb4u
@user-qb8yr4vb4u Год назад
How its going with your career
@peliwendy509
@peliwendy509 10 месяцев назад
Heyy, how are you so far? Congratulations 🎉
@senseisenjew1137
@senseisenjew1137 2 месяца назад
Update?
@sentientsockmonster499
@sentientsockmonster499 2 месяца назад
I've never seen someone so excited to count money 😅
@bhoopathil1682
@bhoopathil1682 7 месяцев назад
Being a chartered accounting aspirant, I would say Accounting is not easy at all until you understand its practical approach
@porshealewis158
@porshealewis158 3 месяца назад
Objectives are open and achievable if actions are taken
@tejavydellea9004
@tejavydellea9004 2 года назад
The reason i am watching this video is because the man character in my story is a financial manager, and this video helps so much that I can actually focus on how he does his work and why it's awesome. Thank you for the video!
@martina.444
@martina.444 Год назад
So cool!
@manafal-balushi3298
@manafal-balushi3298 Год назад
WOAH THATS SO AWESOME, lol its interesting to see writers actually research to build their characters
@alejandromatos8570
@alejandromatos8570 Год назад
Nice
@deolin2110
@deolin2110 3 года назад
My long term goal is to become an accountant 👌 👑
@nikopriest6762
@nikopriest6762 Год назад
The hardest part of accounting is the work load, the actual accounting is easy.. but when you work for a company like Walmart or Target that sells 100+ products, has 20+ vendors and every other week is a sale.. AND a not so productive team, it gets ugly lol
@thatsdaniellelol
@thatsdaniellelol 4 года назад
That was very succinct to the point. Way more research to do but Thank You so much for this video!
@onemorething9911
@onemorething9911 3 года назад
It’s a great vid for someone who knows nothing about the subject, like me 😁
@AdelitaWilliam-dl7ci
@AdelitaWilliam-dl7ci Год назад
This is a fantastic video. It's clear and easy to understand your explanations. Thank you for providing this information.
@khannamialos6727
@khannamialos6727 2 года назад
That is just a part of accounting field. There’s a lot of careers u could choose from for being an accountant but first u have a attain a certification to advance ur competitors like CPA certification or if u want to work in finance u can choose CFA or both.
@floatyjam
@floatyjam 3 года назад
For those who think Accounting is ugly, every career is ugly
@theboombody
@theboombody 3 года назад
Estimation is one of the most valuable skills there is. I can say that for sure.
@porshealewis158
@porshealewis158 3 месяца назад
Spaced repetition is a thing
@porshealewis158
@porshealewis158 3 месяца назад
Things are composites of component parts
@OS1540
@OS1540 9 месяцев назад
Usually management consultants are the ones who help businesses analyze the market before deciding to launch a new product. The finance people do the forecasting and analyze the time it takes to recoup the investment. And accountants really just look at historical financials after the fact.
@user-sq2ug5jk5s
@user-sq2ug5jk5s Год назад
I’m literally studying an accounting degree 😫 & I still feel unsure but I’m in my final year and definitely not turning back
@srijanagiri4415
@srijanagiri4415 8 месяцев назад
Would u like to teach me I am interested in this field I will pay for that ❤
@creatorcues
@creatorcues 2 года назад
So go to my accountant when I’m ready to start another venture. Thankd
@martinadamtong7876
@martinadamtong7876 5 месяцев назад
Accountants are important for the help in the analysis of an organization or companies in business marketing to ensure the organisation/ companies achieve goals of establishments.
@JustYourAverageToes
@JustYourAverageToes 2 года назад
This actually sounds pretty fun
@NeilCWCampbell
@NeilCWCampbell Год назад
Finding placement pretty hard though
@upalwills1814
@upalwills1814 2 года назад
so nice and so telented good job fine
@crtiihannining
@crtiihannining 2 года назад
I can't even handle math problems💀
@maddie9095
@maddie9095 2 года назад
i mean you do everything with a calculator sooo...
@julianricch3157
@julianricch3157 2 года назад
@@maddie9095 oh sugar frr?
@miyegiri8830
@miyegiri8830 2 года назад
in fact, accounting only contains basic math such as addition, subtraction, and division (multiplying often involved in percentages) and yeah, it’s easier since we have calculators! Being good at making and organizing spreadsheets is another fundamental skill when you’re an accountant, and you also need to have knowledge about statistics and constructing presentations~
@TheMicnpark
@TheMicnpark Год назад
Accounting has no math. Basic math doesnt count.
@truthsetusfree4856
@truthsetusfree4856 Год назад
Math doesn't need in accounting, it requires your deep genuine analyzation of the financial transactions
@CristianGomez-rl5vb
@CristianGomez-rl5vb Год назад
Do you pay the accountant
@nunezmaria2043
@nunezmaria2043 6 месяцев назад
Well i am waning to study accounting
@user-yp8sd4gb6i
@user-yp8sd4gb6i 2 месяца назад
Thank you from iraq flower
@scottsmyth1862
@scottsmyth1862 2 года назад
great vid than ks
@nhungnguyen-pi9lf
@nhungnguyen-pi9lf 2 года назад
Hay quá
@nuiben7579
@nuiben7579 2 года назад
This video does not accurately reflect what Accountants do. Accountants are hired to deal with convoluted rules and to do the record keeping for people. Its not glamorous and we could not tell you whether or not you should sell markers until you've sold them for at least 5 years and demonstrated profitability or a trend toward it.
@TheMicnpark
@TheMicnpark Год назад
And most accountants do not forecast st all. There are controllers, CFOs etc
@AntonnyTan
@AntonnyTan Год назад
What shown in this video is CFO field. Majority of accountants just doing record.
@karimjalali7970
@karimjalali7970 Год назад
So who makes the predicitions finance majors? I don't think so as they evolve around the question on how to finance the company not necessiraly it's financial health like accountants. Also from what I hear from a lot of billlionnaires is that they wish they studied accounting because it really the "engineering of business". Also most CFO comes from accounting background. Also, CPAS tend to have serious knowledge on corporate law and fiscality, wich make them able to make very strategic financial decisions for the company.
@nuiben7579
@nuiben7579 Год назад
@@karimjalali7970 Your first mistake was trusting that a billionaire was telling you the truth. Go ahead and waste 5 years studying accounting, get your CPA and find out whether or not the field is just a soul crushing grind where only the least ethical and cutthroat survive.
@scholarlyanalyst7700
@scholarlyanalyst7700 Год назад
@@karimjalali7970 What sounds harder to your "ears"? 1. Certified Public Accountant or 2. Masters Degree in Statistics?
@kehindeanimshaun6100
@kehindeanimshaun6100 6 месяцев назад
Im good at skilled at math so ima do it im already in advanced math anyway🤷‍♀️
@aimattant
@aimattant Год назад
Who's an accountant here or in learning?
@GhwalvaAli
@GhwalvaAli 5 месяцев назад
@thespinabifidaworkoutqueen
@thespinabifidaworkoutqueen 3 года назад
💯
@rosesinmyhead
@rosesinmyhead 3 года назад
i thought accounting is just typing tho
@tyc9909
@tyc9909 2 года назад
💀
@cat.5389
@cat.5389 Год назад
very cool this video is so educational i learnt more abt being an accountant and realized that this should be the path i shall take. this video has motivated me to be an accountant. thanks!!!!!!!!!!!!!!!!!!!!!!!!!!!! jkjk accounting sucks imagine accounting😂🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣
@cat.5389
@cat.5389 Год назад
haha this guy so funny he can be a comedian
@cat.5389
@cat.5389 Год назад
no way i will never be a comedian you ballsack
@cat.5389
@cat.5389 Год назад
yes
@cat.5389
@cat.5389 Год назад
'yes'
@cat.5389
@cat.5389 Год назад
what about it
@Thezampanini
@Thezampanini 4 дня назад
It’s hysterical that this video is saying an accountant makes the decision on long term company trajectory. The accountant reports to the controller/comptroller. The controller reports to the CFO. The CFO makes the decision after providing his teams prepared reports and consulting with the CEO. As an accountant, you sit at a desk all day crunching and reporting numbers. They are low man on the totem pole for large corporate initiatives.
@izzychibwana7803
@izzychibwana7803 10 месяцев назад
Lo
@kentheengineer592
@kentheengineer592 6 месяцев назад
Go Forth & Conquer 💀
@tyronejackson7334
@tyronejackson7334 4 года назад
Let me guess you need a college degree 😂
@Ammarx1
@Ammarx1 3 года назад
you actually don't! but it's recommended.
@samariemartinezserrano7478
@samariemartinezserrano7478 2 года назад
I’m my company’s accountant and I don’t have a degree. But it did take me a year to get this position.
@samariemartinezserrano7478
@samariemartinezserrano7478 2 года назад
I’m my company’s accountant and I don’t have a degree. But it did take me a year to get this position.
@iye3197
@iye3197 2 года назад
Yea
@aaliyahrose9098
@aaliyahrose9098 2 года назад
Not needed but it’s desired you can do courses and still be an accountant x
@zoemeow7677
@zoemeow7677 Год назад
Is to making sound investments in business production woohoo im smart 💖💖💖👩‍🦳🧠✨🥛🥛🥛🐄🌸✨🧘🏼‍♀️✨✨✨✨
@larissagonzales6075
@larissagonzales6075 3 года назад
Why does the accountant have to look nerdy lol
@aimattant
@aimattant Год назад
Cause' by corporate law they must wear and behave like that or else... As well when they become priavte accountants - it hust becomes a habit. Why I did not want to be part of the corporate world just go digital nomad straight away.
@doctormudbone4432
@doctormudbone4432 9 месяцев назад
Just get jacked in the gym and if you can afford it get your business clothes tailored and you’ll look classy instead of nerdy
@TheMicnpark
@TheMicnpark Год назад
CFO and controllers be like 🤡
@juker59
@juker59 4 года назад
I need somone to tell when i am make a profit doesnt that just take 2 seconds how the hell is this a job anyone could find out the market
@bobbertonsmivelton7019
@bobbertonsmivelton7019 3 года назад
How dumb are you?
@juker59
@juker59 3 года назад
@@bobbertonsmivelton7019 wow teach me smarty
@bobbertonsmivelton7019
@bobbertonsmivelton7019 3 года назад
@@juker59 This is a simple video about accounting your brain shouldn't be this tiny
@idrk1507
@idrk1507 2 года назад
🤦🏻‍♀️
@lizethnavarrete2017
@lizethnavarrete2017 Год назад
You’re kind of stupid
@saucemaster5218
@saucemaster5218 Год назад
I cant believe i picked the most cartoonishly boring job
@kyleresnick842
@kyleresnick842 4 года назад
This is extremely false
@uchiha5531
@uchiha5531 4 года назад
Kyle Resnick management accounting
@AHMD_a1
@AHMD_a1 3 года назад
Yes accounting is backward no forward, this is finance not accounting
@JT-pt5tl
@JT-pt5tl 3 года назад
@@AHMD_a1 accounting is financing
@chaschas226
@chaschas226 Год назад
@@JT-pt5tl then, what does finance management do if there's an accountant??
@TheMicnpark
@TheMicnpark Год назад
@@JT-pt5tl its not lol
@lannguyenthi2423
@lannguyenthi2423 Год назад
Hay quá
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