Accountant

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Accountant

A professional who maintains financial records, notes expenses or revenue, and/or determines how much one owes or is owed. Accountants seek to assure that every individual or company pays, or is paid, the correct amount. There are several different types of accounting, each of which reports revenue and earnings differently from other methods. Two major methods accountants use are accrual accounting and cash accounting. Accrual accounting recognizes revenue and matches it with the expenses that generated that revenue. Cash accounting, on the other hand, recognizes revenue and expenses in the order in which they are received or spent.

Accountants play an important role in personal finance as well. One may hire an accountant to maintain accurate records, to ensure that enough money remains to pay one's bills. Likewise, people use accountants to pay personal or corporate taxes in the correct amount. See also: CPA, LIFO, FIFO.
References in periodicals archive ?
Qualified accountants can earn between PS47,000 and PS75,000 when working in a large organisation, according to recruitment firm Robert Haft.
The firm was helping Ms Stephens train up to become a qualified accountant, before deciding to take on a fully-qualified number cruncher to help ease her workload.
Type of accountant Quarterly VAT returns Unqualified accountant 60 [pounds sterling] Qualified accountant 115 [pounds sterling] Chartered/certified 150 [pounds sterling] Type of accountant Annual accounts and self assessment Unqualified accountant 350 [pounds sterling] Qualified accountant 650 [pounds sterling] Chartered/certified 1,000 [pounds sterling]
He is a qualified accountant, NLP practitioner and gained his MBA from the University of Monaco.
He is working towards becoming a fully qualified accountant, and lists powerlifting among his hobbies.
O'Neill, a qualified accountant, added: "I have a great passion for horseracing and breeding and I look forward to leading the dedicated and committed team at ITM in identifying new markets and developing existing markets for Irish bloodstock.
Miss Brennand, who is a qualified accountant, is also a Board Member of the Museums Association, the professional association representing museums and galleries in the United Kingdom.
A qualified accountant, mum-of-two Kirsten was made redundant last year but the 42 year-old picked herself up and has turned her passion for fashion into a viable business.
An ACA qualified accountant, she started her career as a graduate finance trainee with the NHS in Birmingham before spending four years working at Prime Chartered Accountants & Business Advisors Ltd in Solihull as an audit and accounts assistant.
Legally, anyone can call themselves an accountant; however, the title chartered is internationally recognised and demonstrates the highest standards of ethical and professional conduct, up-to-date technical expertise and capability of a qualified accountant.
You will be a qualified accountant and have IFRS, UK GAAP or US GAAP experience, or have been involved with preparation of statutory accounts, which is why it's well suited to recently qualifieds.

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