Friday, October 24, 2014

Communication and Persuasion in Accounting

If you have taken any sort of business class, you have probably heard the professor say that accounting is the language of business.  I never gave that statement much thought until I took an accounting class last semester where the statement actually hit home with me. Accounting really is the language of business. Through the financial statements that accountants create, companies are able to share information regardi
ng the financial position of their company. After I took this accounting class I realized that I love numbers and seeing how they all add up. I also love to lead people, and because of this I hope to get to the management side of a firm.

Communication is a vital part of business, and most of the communication that goes on in and outside of a firm pertains to the financial information of a company. Because of the nature of accounting, the written form of communication is highly stressed. The financial statements that firms provide quarterly communicate the financial health of the company to their investors, creditors, managers, and the general public. People interested i
n the company are able to analyze the statements that are based on the past performance of the company to get a glimpse of the success of the company. Oral communication is also key to accounting. You could have the most impressive financial statements ever made, but if you are unable to breakdown the information present and explain what each piece means, then the information is of no value. Financial statements help those outside the firms, but managers and those who make crucial decisions internally for the firm often consult with the accountants of the firm during conference calls, meetings, and over dinner / lunch appointments. At each one of these different circumstances the communication between the accountant and the manager is expected to be formal, as expected in a business setting.

Generally, those who are communicating the financial information to other managers and higher people in the firm are the chief financial officer (CFO) or the accounting manager who has a deep knowledge of accounting and the rules and principles that need to be followed. They are also higher up in the company which adds to their ethos, because they are more respected because of their previous work experience and their management over other employees. They are able to communicate clearly and explain to other high up executives, who expect clear and detailed information presented to them.

The financial statements fall under a couple of different branches of oratory. They are judicial because use logos to present past financial information. However, because they use the past information to make future decisions for the company, it also falls under deliberative oratory. In meetings and conferences with executives, the accounting managers are giving a speech and presenting information, which can be seen as epideictic. They use the information to either commend the firm’s past decisions which have led to success, or they show the past mistakes that were made that resulted in lower earnings compared to what could have been achieved.


1 comment:

  1. I was surprised at the amount of people in our class who wish to enter accounting, yourself included. I was even more surprised however how each one has been able to give their own unique perspective on how rhetoric is needed in a place where you wouldn't normally think about it. You reminded me that rhetoric can be easily found in writing just as much as in dialogue, even comparing it accounting to language. I was hoping that you would've elaborated further on your source and perhaps how you personally would used rhetoric in your career field. Keep that in mind if you haven't thought of it yourself. :)

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