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An accountant is one of the main players in any business that he or she works for, whether it is a large corporation or a small business. The accountant monitors and records the flow of money through a business or organization. It is the responsibility of the accountant to verify the accuracy of all money transactions and to make sure that all these transactions are legal and follow current guidelines. It may be that the accountant works for a company on a contractual basis to do the books or tax returns.
A third key role of accountants in a company is the preparation of the firmâs taxes. Typically, a company will have a fairly complicated tax structure which calls for the taxing of its income, the deduction of its expenses, and the calculation and exclusion of certain items of depreciation.n any case, it is rare that a firmâs management fails to interact with accountants on a fairly regular basis. In the case of internal business functions, an accountant plays a variety of roles. First, an accountant will be responsible for keeping track of a firmâs finances during its normal transaction of business.