Remember the days when the word 'accounting' was linked with exhausting and never-ending tasks including the use of complicated statistical equations and infinite number crunching day after day in a small cubicle behind a desk with ledger accounts for the business. Lately, we have seen significant growth in the number of new businesses that have entered the field of trade and commerce. Throughout the years, these companies have advanced the concept of accounting. Accounting previously meant crunching numbers, now it has evolved into a sophisticated framework of everything related to finance. The field of accounting is expanding its branches in domains of all forms. From handling business finances to helping in legal battles, accounting has negated the pre-conceived notion that it is meant only for bookkeeping. In order to satisfy the demands of consumers effectively and precisely, accountancy has tailored itself to the changing landscape of business and finance. The development of new technology explains the drastic change in the field of accountancy. It is now possible to accomplish tasks in a day that previously used to take several hours in a week. Before discussing what the services offered by the accountant entail and the factors that render the decision-making process as to whether or not a person is better off selecting a competent accountant, it is important to obtain a simple understanding of what is qualified for your job as an accountant and also the various range of services available to you.