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 ?
These locations are known as the hub of certified and qualified accountants who are responsible and could perform vital tasks within short span of time.
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.
The large-cap companies will continue to suck up the resources of the Big Four firms and smaller companies will move downstream--and companies that wait too long to begin their 404 compliance may have difficulty finding qualified accountants. So now's the time for CPAs to be bold and fight the fear of losing a client over fees.
In all cases, the most qualified accountants must be assigned to each specific engagement.
Solutions was established on 2006 and now employs 12 fully qualified accountants, bookkeepers and tax specialists.
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 ACCA Careers Job Board is an official recruitment portal and is unique as it's the only truly international job board that allows employers to recruit from across our global network, and allows our stakeholders to apply for roles worldwide through one secure site.
The majority of our staff are qualified accountants or at various stages of their training.
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.
Growing demand for qualified accountants gave a Reed Qualified Accountancy Index figure of 134 in August, with new jobs 22 per cent above this time last year and 34 per cent higher than when the Index was set at 100 in December 2009.
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.

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