Accounting And Activities System Analysis

Accounting is the action or process of keeping financial accounts. I wanted to major in accounting because I think it will bring a lot of success into to my life and since I am involved in accounting daily, I picked it to be my activity system. In an activity system there are six vital components which are subjects, tools, motives, rules, community, and division of labor. The job opportunities that are available and the information it provides to you as a regular citizen is simply amazing. Every American needs to have some sort of financial stability in their life and that is why accounting is such a great degree to have. I have a long history of accountants in my family including my grandfather, mother, and uncle. Each of these family members

A subject in an activity system is described as “person or people engaged in activity who are the focus of a study on activity. The point of view used to focus on the activity.”(Kain/Wardle 277) Some examples of subjects in accounting are accountants, clients, students, and teachers. Accountants and clients relate because the accountant is engaging in an activity to provide a service to his client. Some motives for my activity system include receiving there CPA License and to earn a job that helps with your weaknesses in accounting out of college. Under the motives part of an activity system there are 2 minor components objects and outcomes. My two main objects for accounting are money and job. The money aspect of accounting is that in this field you can make a lot of money and live a wonderful life. The job aspect can bring a lot of opportunity with benefits and the ability to take care of your

The most important rule of accounting is what comes into a real account debit or credit. A debit is money that comes in like a dividend and credit is money going out like expenses. Debits and Credits is the most important factor to learn in accounting because every transaction is based upon those two factors.

Another rule of accounting is having a good understanding of ethics because an accountant can take money from a client without him knowing. Thus, the last rule of accounting is being able to tell the difference between a nominal and personal account. A nominal account is all expenses lost and losses of debit while a personal account is a debit that client has received and a credit that was given to the client.

The division of labor of accounting is split into two sections groups and individual work. For tax accounting, accountants usually have to work in groups because of the amount of work. Each accountant has a specific job to audit the client and revise his taxes to see if he cheated the government. To work by yourself in accounting, you would have to keep records for businesses and make investments that would help the company grow. Accounting has many communities involved such as businesses and clubs. The University of Central Arkansas has an accounting club, but I’m not a member yet. Also businesses have their own groups who are set out to make