Improve Public trust in the Accounting Profession.

Public Trust in the Accounting Profession
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Introduction
Accounting is a profession that has existed since the birth of civilizations. With the passage of time, new techniques, tools, and tax software have been developed to help accountants fix errors at a fast speed. According to Guy Callender and Darin Matthews, the future of accounting is bright since better programs and software are being developed to ease the work of world’s accountants. As of now, accountants take on a wide range of roles in businesses of all types (Callender & Matthews, 2000, p. 273). The public and private sectors depend on accountants for their audit reports and financial statements. It is not essential for them to use tech-oriented apps or software to carry out their work. However, with the right kind of software, an accountant can perform better, process transactions quickly, and undertake multiple projects at a time without compromising on quality (Callender & Matthews, 2000).
How to Improve Public Trust in the Accounting Profession
Professional accountants serve in all types of companies and ensure the provision of accurate financial reports. One of the easiest ways to improve the public trust is undertaking multiple account-related projects at a time. As a professional accountant, you may find yourself on the frontline of protecting the integrity of financial data. Sometimes you will have to transact much money from one account to another, and this is when you have to safeguard the private information of your customers (Neu, 1991, p. 296). For example, if the company you are serving at has asked you to transfer up to $40,000 to another account, it becomes your duty to handle the transaction carefully while keeping the information of the sender and the receiver secret. If you choose to share private data with the third party, people will not trust in your accounting and auditing services (Neu, 1991).
A competent accountant is one of the most valuable assets of the business. He is the person with technical knowledge and lots of information regarding finance and audits. Companies and brands depend on their accountants for finance-related issues. The expectations of the company as well as the client are always high, and an accountant should always use his intimate understanding of the business and the environment he works in to make the decisions. Sometimes the public asks critical questions, and it becomes essential for the accountant to take people into confidence and solve their problems in a better way (Rezaee, 2004, p. 135). Doing so, he will be able to maintain their trust in the business and contribute to th...