MODERN Connectivity of network

it's a accounting legal IT corporate technical services provider company brand.running through online and offline every time every where, connecting peoples and industry to fulfillment their demand and service.

ifawalacatacas.com is a brand that connecting all accounting legal corporates services sectors. Our members firms with you in you required services sectors. its a interconnectings networks that's connect public ,industries, commercial corporate, ngo, others organizations, education institution, students, clients, member firms ,govt. privates,public sectors. small medium & large companies through world wide..and give a special services in taxes, auditing, financial advisory, technical management corporate consulting, actuaries, IT softwares, business growth & developments, our member firms connecting through each other . our clients finds services in every cities. And feel better ..one brand many services..through ifawalacatacas.com.

one world many nations millions of industries and peoples have a demanding to maintain their accountings and financial records with standards rules and regulations.

ifawalacatacas.com have a modern accountings legal corporate services company brand. Have a connecting network services city to city , peoples to peoples, states to states, country to country. Every where in world map with world associates professionals and consultants. ifawalacatacas.com is available any times for you.ifawalacatacas.com brand have a unique combination and significance it self. Its created for industry and peoples to serve a functional services divisions. It links boths needs and utilities services.

Accounting data is a body of financial documentation that backs an accounting statement. People use such data to prepare financial statements and declarations, and auditors can review it to confirm the accuracy of a statement. People with disputes about their accounts with a bank or company can also ask to see accounting information to determine how the company arrived at a given conclusion or balance. This information is subject to subpoena in cases where people suspect legal wrong doing is responsible for accounting problems.

Decide which area of Accounting or Finance you want to focus on -

1. Public Accounting – Work for a Accounting Firm charging clients for your services
   1. Audit – Audit clients on a regular cycle, render advice on internal control and accounting practices and procedures.
   2. Tax – Prepare tax returns, render tax advice.
   3. Forensic – Investigate potential fraud and embezzlement, make recommendations for prevention.
   4. IT and Systems Audit – Evaluate controls and work-flows in systems
2. Corporate Accounting – Work for a company in their accounting department
   1. Audit and Compliance – Internal audit, SOX, and other compliance roles
   2. Financial Accounting – Month, Quarter, Year-end journal entries, reconciliations, sometimes financial statement preparation and analysis
   3. Management Accounting – BI, Budgeting, forecasting, financial statement preparation and analysis
3. Corporate Finance – Work for a company in the accounting or finance department
   1. Treasury – Manage banking relationships, debt compliance, bank transaction work-flows and cash positions
   2. Management Accounting – Support business decision making with budgets, forecasts, cost analysis, performance reporting such as KPIs and Dashboards
   3. FP&A – A blend of management accounting and more typical corporate finance such as project analysis, ROI, NPV, and IRR
4. Investment Banking – Work for an investment banking firm who charges for services
   1. Manage money – Work for a money manager, hedge fund, or investment bank managing investments
   2. Merger and acquisition (M&A), IPO – Help companies buy each other or go public
   3. Private Equity – Find established companies to buy and own as investments
   4. Venture Capital – Find start-up ventures to fund as investments

It's important to note that the above list is generalized and that I grouped some things together that people will tell me should be kept separate. This is just a simple way of laying out the landscape of Accounting and Finance field. I will write more articles on each of the bullet points listed and describe how the work in each of these areas differs.

Figure out which area is most interesting to you. Which one involves work you think you would enjoy? What areas pay in line with your future needs and expectations? How do the cultures in these areas compare to your personal values and work style? What about the hours? If you haven't already answered these questions for yourself and thought about what the ideal work, compensation, and culture is then figure that out now. It's better to do a little research, ask yourself some important questions, and help focus your direction toward what you feel you really want. That goal is something you can always change in the future, but having set that goal you can focus on opportunities you know will get you there

The law requires people to keep accounting data for a set period of time, such as seven years. After this period, people may choose to shred or otherwise destroy old financial records, although many companies choose to keep it, as it may be valuable in the future for investigations, comparison reporting, and other activities. People like tax auditors and regulators can ask for full accounting information if they have concerns about financial statements and want to verify the information for themselves.

When reviewing accounting data, people pay close attention to apparent disparities or confusing entries. This can include evidence of missing information, documentation on paper that does not match statements made, and other signs of wrongdoing or mistakes. When someone must review large volumes of accounting information, a team of people may be involved, to go through the material, as well as double checking the work of others to make sure nothing escapes their auditing activities.

Some companies maintain electronic accounting data. Personnel in the accounting department enter financial activities in an electronic system and the system may also encounter automatic activity. For example, when someone swipes a debit card at the grocery store, the signal will travel to the bank's accounting system and an automatic adjustment will occur to reflect the purchase. Hard copies to back up the electronic documentation may be available.

Other accounting data is available in paper format. This can include things like personal checkbooks, receipts, and so forth. Companies with paper records store them in a secure location to prevent losses and may make copies for reference and convenience to make sure they will have access to the information when they need it. Sometimes, steps may be taken to digitize this data to make it more convenient and easy to access, and some old records may be stored on microfilm or in other archival formats because the original documentation is no longer available.