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 ?
Leading company profiles reveal details of key accountancy market players' global operations and financial performance
Accountancy recruitment at the Cardiff office involves placing purchase and sales ledger clerks, credit control and collections staff, payroll administrators and managers, accounts clerks and accounts assistants, assistant accountants and bookkeepers, qualified and part-qualified accountants, finance managers, financial controllers, financial directors, internal and external auditors, tax accountants and VAT specialists and financial analysts.
Training manager of the Year This category recognises the skills and success of a training manager within an accountancy firm of any size.
Small businesses can really benefit from using a small business accountancy firm; the time they will save by not having to fill out VAT returns, tax returns and EC sales lists will free up plenty of time for the important things like winning business and making sure the company is running well on a day to day basis.
The new app is available free of charge from the SJD Accountancy website, http://www.
Enquiries have continued as it becomes clear that there is a shortage of skilled accountancy people to fill the current job vacancies.
The minister made the statement in his opening address to the 5th Forum of Accountancy and Auditing Companies and Offices of member states of the Gulf Cooperation Council (GCC).
The new company will specifically cater for the accountancy and management information needs of growing businesses.
The boards of directors of the AICPA and the National Association of State Boards of Accountancy had approved signing of the agreement recommended by the IQAB, but the agreements are subject to state board acceptance.
The new online service, Directions, is aimed primarily at careers advisers and teachers, and can also be used by students, parents and anyone advising on careers in financial services and accountancy.
The latest disciplinary actions taken by the Accountancy Board of Ohio (ABO) at the April 17 and May 29 meetings are now available on the Accountancy Board of Ohio's Web site at www.
But it could all have turned out so differently, as Fergie recalls: "I will always remember his father coming to my house one night when Alex decided to quit accountancy.

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