Private Accountant
Barron's Business Dictionary:
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Private Accountant
In-house accountants employed by an organization for the purpose of maintaining financial control and supervising the organization’s accounting system. A controller is an organization’s most senior private accountant.
| Privacy Laws, Priority of Tax Lien, Priority Mail | |
| Private Brands, Private Carrier, Private Corporations |
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Private Accountant
Barron's Accounting Dictionary:
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Private Accountant
Individual employed only by one organization as distinguished from an individual working for an independent accounting firm that serves many clients. The private accountant is an internal accountant reporting to the managers of the entity. A private accountant may be involved in preparing internal management reports for decision making such as capital budgeting, budgeting, and segmental performance analysis.
| Prior Service Pension Cost, Prior Period Adjustment, Principal | |
| Private Companies Practice Section (PCPS), Private Equity, Private Placement |
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Barron's Business Dictionary
Dictionary of Business Terms. Copyright © 2007 by Barron's Educational Series, Inc. All rights reserved.
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