Bookkeeping is an essential part of the finance profession. It is also an essential part of all accounting systems. The main purpose of accounting and its main function is a systematic recording and recording of financial transactions.

Typically, accounting refers to a process of measuring, recording, and identifying important economic information used in connection with an organization or other commercial and non-commercial formation to enable users of the information to make informed judgments.

Goal of efficient accounting
Accounting helps in the preparation of financial statements and financial data in general. It includes the record keeping aspect of bookkeeping; Therefore, accounting principles can also be applied to bookkeeping. Often information relating to the financial condition of the company is presented on a balance sheet and information about operating results is presented on an income statement. In addition, some data relating to a company's liquidity and changes in the company's financial structure are usually reviewed in a statement of changes in financial condition. Financial statements are needed to provide information about the company's past performance that provides a way to forecast what might happen to that company in the future.

All of a company's financial data provide the accounting input. These can be salary cards, reports as well as special journals such as sales journal or purchase journal, cash book, bank checks and invoices, where each recorded information or what it is called – transaction is identified in two aspects or dimensions – debit and credit aspect.

Accountants, auditors and accounting associations
Usually there is a specific person who manages the accounting in a company. He or she may be professionally referred to as an accountant or accountant. An accountant prepares certain adjustments to record events that are considered transactions already completed related to the company's income, expenses, wages of employees, etc.

The Accountant position requires an individual capable of preparing financial documents and reports, payroll including taxes and garnishments, processing accounts payable, as well as maintaining day-to-day banking activities and assisting with bank reconciliations while working within the realm of a basic system of Double-entry bookkeeping was invented more than five hundred years ago by a Cistercian monk named Luca Pacioli. All accountants must have the core skills of accounting to be able to work in this professional field.

There are specific accounting associations that aim to provide support and standards for those working in the accounting industry. In the United States, there are several professional organizations that maintain, develop, and ensure information about accounting standards, such as the National Bookkeepers Association, the National Association of Certified Public Bookkeepers, the American Institute of Professional Bookkeepers, and an Institute of Certified Bookkeepers (ICB). ICB can look back on more than 20 years of professional experience. It was established to raise and raise the standards of accounting around the world.

Accounting Certification in USA
In the US, a certified accountant means having an accounting certificate, being a member of the Bookkeepers Association, providing accounting services at a significant level for a period of more than 2 years, and having a proven level of accounting proficiency.

According to the ICB, accountants' responsibilities include: recognizing what the company is doing and making sure the customer is billed, issuing and then recording that bill, and making sure the customer pays. Accountants are responsible for: tracking all ways a business spends money, collecting cash receipts, monitoring the business ordering system, receiving, checking for validity, scheduling/noting supplier invoices for payment, paying the business's suppliers and collecting payments, paying of employees and recording payment and wage obligations.

An ICB Code of Conduct has been made available to all ICB Accountants which contains specific rules that may apply to all members of the Institute. Members must comply with the requirements of these rules and any failure to do so constitutes misconduct, the basic principles of which are set out on the ICB website.