Accountant

(redirected from Qualified Accountant)
Also found in: Dictionary, Thesaurus, Legal.

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 ?
This is a newly created role due to growth and expansion and would suit a qualified accountant with property sector experience.
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.
"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.
If you think it's wrong, seek advice immediately from a professionally qualified accountant or your citizen's advice.
The P&G trainee accountant undergraduate scheme is an innovative five year programme which combines practical work and study based learning, giving students leaving college at 18, a unique and alternative route to becoming a qualified accountant.
She is an AAT qualified accountant with more than 10 years' experience and will be responsible for year-end accounts and management accounts for limited company clients at Sheards.
A qualified accountant, he was previously head of securities and exchanges supervision and deputy head of banking supervision at the Central Bank of Ireland.

Full browser ?