You may look at this topic and start rolling your eyes or fighting back a yawn. The last thing people want to think about or even write about is accounting. It can be a bit of a dry topic for many but it can actually be an intriguing subject to cover.
Accounting is such a critical piece of how the business world works and sometimes we overlook it due to its complexity. Yet, even a basic and core understanding of this area can show you the most realistic insights into a company’s financial health. It will highlight growth opportunities and where there may be challenges ahead.
Accounting doesn’t just keep the books in order for small businesses and companies. It can also be used for family offices, which are high-net-worth investment offices that can help with wealth management. Yet accounting isn’t just for the rich. Having proper financial accounting of your finances and any side hustles or business will help keep you compliant and avoid any type of unnecessary fraud.
You can go into the history of accounting or take a specific subset of accounting and write about it. Those subsets can include writing about accounting for individuals or accounting for businesses. You can also choose topics on how accounting looks on an international scale. What are the universal rules in accounting and are they similar across various jurisdictions?
You may not yet be an expert in accounting but there is plenty of research and content out there. This is because it needs to be exact and it seems the data on it is also just as precise. Make sure to cite and reference where required.
You can even take an approach to see how accounting has been modernized, and if it’s just a system of organization of financial data, can it not be fully automated?
• The importance of accounting in business
• The different types of accounting
• The accounting cycle
• Accounting ethics
• Accounting fraud
• Accounting for small businesses
• Accounting for international businesses
• Emerging Trends in Accounting
Use essay examples on this page for inspiration, and start creating your own piece!