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 ?
As an ACA qualified accountant you can work in a wide variety of roles and organisations, from small accountancy practices to large multi-national corporations, to tech start-ups, the public sector or charities.
Martin Warnes, Managing Director of Reed said, "It is really striking to see that demand for qualified accountants has continued to rise in August, in contrast to the flat job demand experienced elsewhere across the economy.
The EU court explains that the Services Directive, which aims to establish a free and competitive services market, prohibits obstacles to freedom of establishment and free movement of services between member states, such as total bans on all forms of commercial communication for regulated professions - including qualified accountants - meant to promote directly or indirectly the goods, services or image of an enterprise.
Talented qualified accountants are increasingly being sought-after for financial analysis roles, or to help mitigate operational or business risk.
In particular the programs for accounting address the unprecedented demand for qualified accountants and the new certification requirements for the CPA.
Karachi -- ACCA Pakistan launched the ACCA Careers Job Board in Lahore to support employers by giving access to highly skilled pool of qualified accountants.
The majority of our staff are qualified accountants or at various stages of their training.
303 of the jobs will be aimed at qualified accountants as well as graduates who will be trained to Chartered Accountant Status.
Wende Hubbard, managing partner said: "We are extremely proud to have five newly qualified accountants within Burgis & Bullock's team.
Demand for newly qualified accountants in the UK rose by five per cent in August compared to July, according to the latest Reed Job Index figures.
Two-thirds (67 per cent) of employers say retention of qualified accountants will be a key priority in 2011, with four in 10 (40 per cent) worried they won't be able to hold onto their star players.
Two-thirds (67%) of employers say retention of qualified accountants will be a key priority in 2011.

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