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Chapter 1
Accounting
Term | Definition |
---|---|
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. |