accountant

BO L. (United States of America)
22 words 10 learners

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Full list of words from this list:

words only definitions & notes
  1. accountant
    someone who maintains and audits financial records
    Accountants and auditors help to ensure that firms are run efficiently, public records kept accurately, and taxes paid properly and on time.
  2. credit hour
    a unit of academic credit
    Information systems experience, financial or operational auditing experience, or related college credit hours can be substituted for up to 2 years of information systems auditing, control or security experience.
  3. certified public accountant
    an accountant who has passed certain examinations and met all other statutory and licensing requirements of a United States state to be certified by that state
    Public accountants, many of whom are Certified Public Accountants (CPAs), generally have their own businesses or work for public accounting firms.
  4. tax advantage
    an advantage bestowed by legislation that reduces a tax on some preferred activity
    For example, some public accountants concentrate on tax matters, such as advising companies about the tax advantages and disadvantages of certain business decisions and preparing individual income tax returns.
  5. certify
    provide evidence for
    Public accountants, many of whom are Certified Public Accountants (CPAs), generally have their own businesses or work for public accounting firms.
  6. accredit
    grant credentials to
    The Institute of Internal Auditors offers the Certified Internal Auditor (CIA) designation to graduates from accredited colleges and universities who have worked for 2 years as internal auditors and have passed a four-part examination.
  7. automate
    operate or make run by machines rather than human action
    Because computer systems commonly automate transactions and make information readily available, internal auditors may also help management evaluate the effectiveness of their controls based on real-time data, rather than personal observation.
  8. stakeholder
    one who has an interest in something, especially a business
    An increase in the number of businesses, changing financial laws and corporate governance regulations, and increased accountability for protecting an organization's stakeholders will drive job growth.
  9. forensic
    used in the investigation of facts or evidence in court
    Some public accountants specialize in forensic accounting—investigating and interpreting white-collar crimes such as securities fraud and embezzlement, bankruptcies and contract disputes, and other complex and possibly criminal financial transactions, including money laundering by organized criminals.
  10. credential
    a document attesting to the truth of certain stated facts
    Accountants and auditors can seek credentials from a wide variety of professional societies.
  11. financial institution
    an institution (public or private) that collects funds (from the public or other institutions) and invests them in financial assets
    Those employed by the Federal Government may work as Internal Revenue Service agents or in financial management, financial institution examination, or budget analysis and administration.
  12. embezzlement
    the fraudulent appropriation of funds or property
    Some public accountants specialize in forensic accounting—investigating and interpreting white-collar crimes such as securities fraud and embezzlement, bankruptcies and contract disputes, and other complex and possibly criminal financial transactions, including money laundering by organized criminals.
  13. money laundering
    concealing the source of illegally gotten money
    Some public accountants specialize in forensic accounting—investigating and interpreting white-collar crimes such as securities fraud and embezzlement, bankruptcies and contract disputes, and other complex and possibly criminal financial transactions, including money laundering by organized criminals.
  14. credentials
    a document attesting to the truth of certain stated facts
    Accountants and auditors can seek credentials from a wide variety of professional societies.
  15. projection
    the act of expelling or ejecting
    This occupation will have a very large number of new jobs arise, about 279,400 over the projections decade.
  16. excel
    distinguish oneself
    Those who excel may become supervisors, managers, or partners; open their own public accounting firm; or transfer to executive positions in management accounting or internal auditing in private firms.
  17. safeguard
    a precautionary measure warding off impending danger
    Others offer advice in areas such as compensation or employee healthcare benefits, the design of accounting and data processing systems, and the selection of controls to safeguard assets.
  18. integrity
    an undivided or unbroken completeness with nothing wanting
    They may recommend and review controls for their organization's computer systems, to ensure their reliability and integrity of the data.
  19. rigorous
    strict; allowing no deviation from a standard
    The CPA examination is rigorous, and less than one-half of those who take it each year pass every part on the first try.
  20. institute
    set up or lay the groundwork for
    All States use the four-part Uniform CPA Examination prepared by the American Institute of Certified Public Accountants (AICPA).
  21. tedious
    so lacking in interest as to cause mental weariness
    These accounting packages greatly reduce the tedious work associated with data management and recordkeeping.
  22. drive
    operate or control a vehicle
    An increase in the number of businesses, changing financial laws and corporate governance regulations, and increased accountability for protecting an organization's stakeholders will drive job growth.
Created on Thu Sep 22 12:31:22 EDT 2011

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