London Jobs-Accountancy jobs in London

Accountancy is a profession that is fundamentally preoccupied with the methods for recording transactions, maintaining financial records, performing internal audits, reporting and analysing financial information to management; and the advising on taxation matters. It is the systematic process of identifying, recording, measuring, classifying, verifying, summarising, interpreting and communicating financial information. It enables the revelation of profits or loss for a given financial period, offering insight to the value and nature of a firm’s assets and liabilities and owners’ equity. Accounting provides important information on the resources available to a firm, the means utilised to finance those resources and the outcome achieved through this use.

Financial accounting is a branch of accounting that regards money as a means of measuring economic performance of a business entity, rather than as a factor of production. It embodies the complete system of monitoring and control of money, as it flows in and out of an organisation, in the form of assets and liabilities; or as revenues and expenses.

Financial accounting assembles and summarises financial data to enable the preparation of financial reports such as balance sheets and income statements for the organisation’s management, investors, lenders, suppliers, tax authorities and other stakeholders.

If you are a professional accountant or financial accountant, you would certainly be able pursue an accountancy career in London in a highly satisfying manner because there are so many accountancy jobs in London, considering that it’s a world-famous financial centre and also because of the sheer volume of both national and international businesses which have their headquarters in London.

One way of boosting your chances of picking up a lucrative accounting job in London is to become a member of The Institute of Chartered Accountants in England and Wales (ICAEW), which is one of the most important accountancy professional bodies in England. Membership of such a body would offer you good standing in obtaining a highly rewarding accounting job in London.