Savan Excel expert
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I AM SAVAN UNADKAT
Prepare financial statements. Create balance sheets, profit and loss statements, and cash flow reports to track a company's financial health.
Manage budgets. Plan and monitor budgets to control spending, and ensure the company meets its financial goals.
File tax returns. Prepare and file accurate tax returns for individuals and businesses while claiming deductions and credits.
Conduct audits. Review financial records to verify accuracy and compliance with laws, and regulations.
Analyse financial data. Examine financial data to identify trends, improve efficiency and inform decision-making.
Offer financial advice. Provide guidance on investments, cost reduction and other financial matters to support a company's growth, and success
1. Learn basic accounting concepts
Understanding basic accounting concepts helps you improve your accounting skills. These concepts are the foundation for recording and analysing financial transactions. You can better understand how a business operates by learning basic concepts like assets, liabilities, equity, revenues and expenses. This knowledge also enables you to analyse financial statements and make informed decisions.
To learn these concepts, consider reading books on accounting, taking online courses or attending workshops. Also, join study groups to discuss accounting topics with your peers. For example, consider learning about the double-entry bookkeeping system for recording business transactions.
2. Practise problem-solving
Developing problem-solving skills can help you tackle complex accounting issues. Strong problem-solving skills enable you to identify issues, analyse information and find solutions quickly. This can save you time and help you make better decisions.
Working on accounting exercises and case studies allows you to practise problem-solving. These activities help you apply your knowledge and find solutions to real-life situations. For instance, practise creating a budget for a small business or preparing financial statements for a company to help you develop these skills.
3. Stay up to date with rules and regulations
Accounting rules and regulations change often. Staying updated on these changes helps you apply the latest standards to your work. This can improve your accounting skills and make your work more accurate.
Read accounting news, subscribe to newsletters or join professional networks to stay updated. Also, attend seminars and workshops to learn about new rules, and best practices. For example, learn about the goods and services tax (GST), and how it affects accounting practices.
4. Gain practical experience
Practical experience can help you improve your accounting skills. Working on real projects lets you apply your knowledge and learn new techniques. You also develop a better understanding of how businesses operate and how to manage finances effectively.
To gain practical experience, volunteer at a local business, work on internships or find part-time jobs in accounting. Also, consider offering your accounting services to friends or family who run small businesses. For example, you could help them prepare financial statements, file taxes or create budgets.

Subjects

  • Excel Expert

  • Excel (Basic) Expert

  • Excel (Advanced) Intermediate-Expert


Experience

No experience mentioned.

Education

  • banking and insurance (Jun, 2022May, 2024) from kes shroff college of commerce and science kandivali west

Fee details

    1,0001,500/hour (US$11.7917.69/hour)


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