The Profession Of Accounting     Accountancy can very well be viewed as a profession with   stature comparable to that of law or medicine or engineering. The rapid   development of accounting theory and techniques especially after the   late thirties of 20th century has been accompanied by an expansion of   the career opportunities in accounting and an increasing number of   professionally trained accountants. Among the factors contributing to this   growth has been the increase in number, size and complexity of business   enterprises, the imposition of new and increasingly complex taxes and   other governmental restrictions on business operations.   Coming to the nature of accounting function, it is no doubt a   service function. The chief of accounting department holds a staff position   which is quite in contra - distinction to the roles played by production or   marketing executives who hold line authority. The role of the accountant   is advisory in character. Although acco...
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