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Accounting Chapter 1
Term | Definition |
---|---|
Skills | Activities that you do well. |
Values | The principals you live by and the beliefs that are important to you. |
Lifestyle | The way you use your time, energy and resources. |
Personality | A set of unique qualities that makes us different from all other people. |
Personal Interest Tests | Tests which help you identify your preferences. |
Networking | Making contacts with people to share information and advice. |
Accountant | A career that handles a broad 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. |
For-Profit Business | Businesses who operate to earn money for their owners. |
Not-for-Profit Organization | Businesses who operate for purposes other than making a profit. |
Public Accounting Firms | Provide clients a variety of accounting services including the independent audit. |
Audit | The review of a company's accounting systems abd financial statements to confirm that they follow generally accepted accounting principals. |
Certified Public Accountant (CPA) | An accountant who has met certain education and experience requirements and passes a national test. |