Description
About the Bank Accounting Specialist Certification
Bank accounting includes preparation of permanent records for every transaction. Corporate statements show a general picture of the institution while different books of accounts offer detailed analysis of condition. Similar to other fields, all financial institutions are similar with regards to accounting principles. However, recent changes in regulations, capital requirements, interpretations of GAAP (Generally Accepted Accounting Principles), etc. create challenges for accountants, bookkeepers, analysts, auditors, managers and executives to keep their institutions up-to-date and compliant.