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Chapter 1

Accounting

TermDefinition
Accountant A person who handles a board range of responsibilities, makes business decisions, and prepares and interprets financial reports.
Accounting Clerk An entry-level job that can vary from specializing in one part of the system to doing a wide range of tasks.
Audit The review of a company's accounting systems and financial statements to confirm that they follow generally accepted accounting principles.
Certified Public Accountant (CPA) A licensed professional who has met certain education and experiences requirements an passed a national test.
For-Profit Business A business that operates to earn money for its owners.
Lifestyle The way a person uses time, energy., and resources.
Not-for-Profit Organization An organization that operates for purpose other than making a profit.
Personal Interest test Tests that help individuals to identify their preferences and to match interest to potential careers.
Personality A set of unique qualities that makes a person different from all other people.
Public Accounting Firm A business that provides a variety accounting services including the independent audit.
Skills The activities that a person does well.
Values The principles a person lives by and the beliefs that are important to the person.
Networking Making contacts with people to share information and advice.
Created by: 226818