glossary

Accountant

An accountant is a professional who records, reviews, analyzes, and reports financial information for a business or individual. Their work may include bookkeeping review, financial reporting, tax compliance, budgeting, reconciliations, and advising management on financial matters. A good accountant does not only record numbers but also helps ensure accuracy, compliance, and better decision-making.

Related Items

Audit

An audit is an independent examination of financial records, statements, and supporting documents to determine whether they are accurate and prepared in accordance with...

At Cost

At cost means an asset is recorded at the original amount paid to acquire it, including directly related acquisition costs if applicable. This is...

Assets

Assets are resources owned or controlled by a business that are expected to provide future economic benefit. Examples include cash, inventory, receivables, machinery, buildings,...

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