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Accounting Chapter 1
| Term | Definition |
|---|---|
| Accountant | handles a broad range of responsibilities, makes business decisions, and prepares and interprets financial reports. |
| Accounting Clerk Audit | is an entry-level job that can vary from specializing in one part of the system to doing a wide range of tasks. |
| Certified Public Accountant (CPA) | is an accountant who has met certain educational and experiences requirements and passed a national test. |
| For-Profit Business | operates to earn money for their owners. |
| Lifestyle | the way you use your time, energy, and resources. |
| Networking | is making contact with people to share information and advice. |
| Not-For-Profit Organization | operates for the purposes other than making a profit. |
| Personal Interest Tests | help identify your preferences |
| Personality | a set of unique qualities that makes us different from all other people. |
| Public Accounting Firm | provides clients with a variety of accounting services including the independent audit. |
| Skills | activities that your do well. |
| Values | are principles that you live by and the beliefs that are important to you. |
| Audit | is the review of a company's accounting systems and financial statements to confirm that they follow generally accepted accounting principles. |