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Accounting And Finance Essay

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Introduction Presently, in the new era of Science and Technology, the numbers of graduates have increased rapidly. The confidential data shows that there are a lot of graduates have not secured work in the sector within a year of graduating. Nevertheless, it is slightly different from those graduates who graduated from the field of Accounting and Finance. Accounting and Finance is one of the most preferred and popular subjects for university students since there are plenty of job opportunities to be offered in this particular field. According to the Graduate Outlook Survey, 2012, ninety-five percent of employers from Accounting and Finance industries would employ the graduates in 2012 and expected to be the same in 2013. It was proven in the survey that a number of 226,108 people enrolled in Accounting and Finance courses in 2011. (Kaplan University, 2014)

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a. Accountant Accountant is a person who is more concerned with daily tasks, for example processing financial information, managing …show more content…

As stated in Suruhanjaya Syarikat Malaysia (SSM), 2015, auditors play an important role to protect the management of a company and the shareholders’ interest. Auditors have higher position than accountants. Hence, they are in charge internally to prevent error and monetary loss for the company. They decide to look at their organization as a whole. The main reason for the auditors to do so is to make sure that the daily operations of the company are verified. Besides that, auditing is vital for government department in Malaysia. For instance, they have the tasks to manage an important assignment, the books of 1 Malaysia Development Bhd (1MDB) and this assignment is named as Auditor-General. (The Star/Asia News Network, 2015) There are also some documents need to be audited such as government ministries agencies and government companies and both of them are finalized into an annual

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