Accounting is difficult to pursue as a career but as an Investment Advisor, it is important for Mandy Liang Miss Chinese Toronto to at least understand the basics. When you work in a bank it is important to know everything about finance in order to be able to provide the best customer service for your clients. Accounting is the interpretation of the financial or bookkeeping records of any enterprise. An account is the one that takes care of the financial information provided by an individual or a company. It is important to understand what exactly an accountant does and they are able to evaluate the records that are drawn up by the bookkeeper an d shows the results of losses and gains, leaks, economics, or changes in value in order to reveal how the business is doing in that particular year. By determining how well the company or individual is doing, this is determined by the progress or failures of the business. They need to keep track of the investment, expenditures, all receipts, fiscal changes and the present standing of usually the business.
For Mandy Liang Miss Chinese Toronto, she is able to keep track of the investments made by a company and help the accountant when putting together a company or individual’s income statement, balance sheet and the statement of cash flows. It is important to keep up to date with a company and individuals accounting and bookkeeping in order to be aware of the condition that your business enterprise is in. It is important to recognize the assets and liabilities that a business has and even an individual in order to determine the net worth of the company. What Mandy Liang Miss Chinese Toronto knows is that a bookkeeper separates columns for the date of transaction, and its value and other columns explaining what the purchase was and what it was for. Knowing these basics will help Mandy Liang with her career as an investment advisor.