ICTE
International College of Technical Education.
Head Office :
Office # 27, Second Floor, Maryam Shadi Hall Plaza
(Airies Plaza), Shamsabad, Murree Road,
Rawalpindi, Pakistan 46000.
Email : info@icollegete.com
Contact : 051-8736681, 0311-5193625, 0092-335-4176949

Accounting is the process of recording financial transactions pertaining to a

business. The accounting process includes summarizing, analyzing, and reporting

these transactions to oversight agencies, regulators, and tax collection entities.An

accountant is a professional who handles the bookkeeping and prepares financial

documents like profit-and-loss statements, balance sheets and more. They perform

audits of your books, prepare reports for tax purposes, and handle all the financial

information that's part of running your business.As an accountant you will be

responsible for preparing accounts, budgeting and managing financial information.

You could also be advising and helping clients, whether that’s individuals or

international companies, on financial situations.Accountants core responsibilities

are typically to prepare and examine financial records, assuring information is up

to date and accurate. However, you could specialise in particular areas such as

forensic accounting or taxation or focus on more specific areas of a company's

financial department.Accountants generally work in an office environment between 9

and 5. This can vary depending on your job role and who you work for. However,

accountants typically work longer hours during busy times of the year, such as the

end of the tax month and end of the financial year.If you work for a large firm, you

will often be based in their offices and work closely with the finance, management

and operations teams. Sometimes, local and international travel could be required to

visit clients if you work at an accounting firm or run your own practice.Studying

Accounting & Finance could be ideal for you if you enjoy maths and want to apply it

to business, whether that's management, business law or economics.
Career-specific skills:

Knowledge of accounting and financial theories and practices, such as strategic

investment, taxation, pensions, reporting standards
Competences could include auditing, financial accounting, management accounting,

preparing financial statements
Skills with industry-standard IT such as Bloomberg terminals or accounting software
Transferable skills:Communication (written and oral)
Critical and analytical thinking
Data analysis
Decision making
Problem solving
Project management
Research
Team working

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