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Definition
| process by which financial information about a business is recorded |
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| designed to accumulate data about a firm's financial affairs, classify the data in meaningful way, and summarize it in periodic reports |
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Definition
| provide accounting services for other companies |
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| certified public accountant |
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Definition
| must have a certain number of college credits in accounting courses, demonstrate good personal character, pass the Uniform CPA Examination, and fulfill the experience requirements of the state of practice |
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Definition
| the review of financial statements to assess their fairness and adherence to generally accepted accounting principles |
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| involves tax compliance and tax planning |
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| management advisory services |
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| help clients improve their information systems or their business performance |
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| working for a single business in industry |
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Definition
| keep financial records and preparing financial reports as part of the staff of federal, state, or local governmental units |
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