Brea Accountant-Focus CPA Goup:(562) 281-1040

Accountants And Their Origins

Posted by: admin under Accounting

---

An accountant handles the disclosure, measurement or provision of assurance about financial information. This information is then used to help investors, managers, tax authority’s maker resource allocation decisions. Accountants are practitioners of Accountancy.

A certified financial and accountancy expert in many countries is the designation accountant, or the more specific terms used such as professional account or qualified accountant. Different countries have their own examination and training systems to keep the quality of trained accountants in their jurisdiction. This is also true in other legally restricted professions like lawyers and doctors. There are a vast number of professional bodies all over the world for accountants.

Originally accountants only worked only in public practice for example: Selling advice and services to business and other individuals from professional accountancy firms. However today many accountants work within private corporations, government bodies and financial industries.

The word “Accountant” is derived from the French “Computer’ which took its origin from the Latin “Computare.” As a proof of its derivation the word was formerly written in English “Accomptant,” but in process of time the word which was always pronounced by dropping the ” p ” became gradually changed both in pronunciation and in orthography to its present form.

An accountant was originally a person employed in connection with the keeping of accounts, and this term became also applicable to those who, being skilled in accounts, devoted their energies to making the examination and the stating of accounts their special occupation. From the word “Accountant” the term Accountancy, is derived. New York University was the first to give accountancy an established place in the university curriculum by creating a “School of Commerce, Accounts, and Finance,” which was the first school of accountancy in the world.

The requirements for entry in the profession of accounting vary from country to country.

Accountants may be licensed by a variety of organizations, and are recognized by titles such as Chartered Certified Accountant, Chartered Accountant, Certified Public Accountant, Certified Management Accountant, Certified General Accountant and Certified Practicing Accountant. Many countries recognize two or more accounting bodies. There is, however, no legal requirement for an accountant to be a paid-up member of one of the many Institutes and other bodies which are effectively a form of professional trade union. Unlike the Law Society, which can legally stop a solicitor from practicing, accountancy institutes do not have such authority. Generally, certain specialized areas of accountancy such as auditing and insolvency are tightly regulated. However, in Ireland it is a criminal offense for a person who is not a member of a recognised professional organisation to practice under the title “Accountant.”

The Certified Management Accountant (CMA) designation is unusual in the United States in that it does not have a statutory basis. However, it is accepted by industry and by its peer associations. In Canada the Canadian CMA designation is recognised under provincial/territorial legislation.

In the UK, there are no license requirements for an individual to describe himself/herself or practice as an accountant (except in the areas of audit or insolvency) but to use certain titles requires membership of one of the many appropriate professional bodies.

Read post | No comments yet | December 19th, 2009

Intermediate Accounting, Update

Posted by: admin under Accounting

---

Product Description
Keeping its finger on the pulse of the profession, the new twelfth edition update of this bestselling book effectively prepares readers for their accounting futures. They’ll find the latest information in the field, including Sarbanes-Oxley Act legislation as well as proven tips for passing the computerized CPA exam. Reflecting the demands for entry-level accountants, the focus of this book is on fostering critical thinking skills, reducing emphasis on memorization … More >>

Intermediate Accounting, Update

Read post | 5 Comments | December 12th, 2009

Intermediate Accounting

Posted by: admin under Accounting

---

Product Description
The bestselling book on intermediate accounting, Kieso is an excellent reference for practicing accountants and an invaluable resource for anyone entering the field. It integrates FARS/Codification exercises, cases, and simulations into the chapters. This introduces readers to the codification project. They’ll learn how to leverage everyday accounting programs like Excel, GLS, and other computerized accounting software giving them a strong background in the tools … More >>

Intermediate Accounting

Read post | 5 Comments | December 10th, 2009

Putting Service First is Key at Danbro the Contractors Accountant

Posted by: admin under Accounting

---

At Danbro, we understand the importance of looking after all of our clients. We recognize that customer service plays a key role in the success of a service including the Umbrella Service sector and is one of the main ways we differentiate ourselves from other umbrella service providers. With an ethos of “it?s always the small things that make a big difference”, we are constantly striving to ensure a high level of customer service. In order for DANBRO to maintain such a high level of service we are constantly carrying out training for all of our employees right across the company and pushing the importance of providing a quality service. We regularly receive feedback from contractors expressing their positive views about our service, many of which can be found on our website www.danbro.co.uk. One client recently explained, “the customer service is excellent and I trust the people at Danbro. Any queries are dealt with quickly and you never feel you are being ?fobbed off?.” (K. Berry, 04/2008). Evidence of this high quality service can also be found on many of the umbrella comparison websites, including Umbrella Supermarket and Bytestart. These sites compare the 100?s of different Umbrella Companies, helping contractors to choose the right umbrella company for them. Umbrella Supermarket?s rating system does not solely rely on the site?s personal opinions but compiles the votes of thousands of contractors. They recognize that a contractor?s experience of an Umbrella Company?s online facilities is very important together with customer service and of course the contractor?s net pay. Danbro is positioned second from top on the Umbrella Company League with an overall rating of 81%. This is a very encouraging figure not only for the contractors but the whole team here at Danbro.