Class Notes for JSS1 to SSS3 with Assessments | Past Questions of JSCE, WAEC, NECO & JAMB › Forums › SSS3 › Introduction to accounting
- This topic has 10 replies, 9 voices, and was last updated 5 days, 14 hours ago by
Keon Muller.
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December 29, 2020 at 11:20 am #198791
Nwoke Emmanuel
ParticipantNowadays in our society, more and more business organisation are form or established and as more firms are established more accountants are required everyday to show the profit analysis of the firm.
Who is an accountant and what does he do?
An accountant performs so many functions in an organization, the statements he prepares affect the decision making process of the firm
Having analysed all these, Accounting may be defined as being concerned with the recording, classifying, summarizing and communicating financial information to interested parties and interpreting to help make specific business decisions.
Therefore an accountant is a person that records all the financial dealings and transactions of a firm,posting them to the appropriate books in order to determine the profit of the firm and help make specific business decisions.
Nonetheless, there are fraudulent people in our society today, therefore a good accountant must possess the following qualities
1. Honest: A good accountant must be honest and just in all his doings knowing fully well that what he’s doing affects the firm.
2. Transparency: Another attribute of a good accountant is transparency. He must be transparent in all his doings. His financial statement must show the true position of the business.
3. Trustworthy: This is the first every entrepreneur who wants to be successful should look for in an accountant. He must be a man of intergrity. An accountant should be trustworthy and should not put bogus figures in place of funds embezzled. -
November 9, 2022 at 9:53 am #259078
Alan Holden
ParticipantHello, you must have played pacman at least in your life. Celebrate pacman’s 30th anniversary with the pacman 30th anniversary game.
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October 13, 2023 at 9:39 am #265925
lucas wyatt
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May 9, 2025 at 4:07 am #273039
Cathy Jones1
ParticipantAccounting seems like a fascinating field, offering a peek into the financial health of businesses. With so many different accounting principles and methods, where does someone even begin to specialize? I’m curious about the future role of AI in the field, automating tasks but also potentially changing the skillsets required. This reminds me of the Dinosaur Game.
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July 5, 2025 at 5:08 am #278809
Lois Fox
ParticipantI completely agree with the points about honesty and transparency being essential for an accountant. In my experience, clear communication is key in finance roles. On a different note, I once used Omegle to practice discussing financial topics with strangers, which surprisingly helped me think quickly and explain concepts more clearly. It’s a handy way to improve conversational skills naturally, without feeling forced or overly rehearsed.
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July 5, 2025 at 7:17 am #279041
Lois Fox
ParticipantI completely agree with your points about the importance of honesty, transparency, and trustworthiness in accountants. In my experience, choosing the right accountant can make or break a business, especially for startups. For example, when I was helping a friend launch a small business, we found Monkey Mart’s accounting services very reliable and straightforward, which gave us peace of mind. Having a trustworthy accountant ensures that financial decisions are well-founded and the business can grow sustainably.
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July 30, 2025 at 7:13 am #324353
Ronald Austin
ParticipantAbsolutely, your insights on the vital role of honesty and trust in accounting resonate deeply. An accountant’s integrity can indeed shape a business’s trajectory. A few years back, while navigating the complexities of starting a venture, I stumbled upon a questionable accounting service that nearly derailed our plans. Thankfully, we pivoted and found a solid partner, similar to how one might find success in the Slope Game, where each decision impacts the next.
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August 4, 2025 at 3:15 am #326521
Alexis Bigger
ParticipantIn the dynamic world of business today, the role of accountants is more crucial than ever. As organizations proliferate, the demand for skilled accountants continues to grow. It’s fascinating how each financial report can significantly steer a business’s direction. I once faced a challenge when my small business struggled with its finances. Thankfully, my Slice Master of an accountant helped me navigate through the complexities. His transparency and honesty transformed our financial outlook.
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August 9, 2025 at 8:50 am #339814
Donna Haynes
ParticipantThis piece nails how pivotal accountants are as firms multiply. Their role in recording, classifying, summarizing, and communicating data shapes real decisions. I once joined a startup where vague expense records confused our runway; a diligent accountant rebuilt our books and clarified profitability. Sharing this through a Connections Game lens, integrity matters most—honesty turns numbers into trust.
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August 11, 2025 at 3:11 am #343521
Keon Muller
ParticipantThat’s a great overview of the role of accountants! I agree that honesty and transparency are paramount. My uncle, who ran a small business, was almost ruined by a dishonest accountant. He learned the hard way the importance of proper oversight. Speaking of stressful situations, sometimes I destress after work with simple games on my phone. If you need a quick brain break, you might enjoy Snow Rider 3D. It’s surprisingly calming!
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This reply was modified 5 days, 14 hours ago by
Keon Muller.
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This reply was modified 5 days, 14 hours ago by
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