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Give the definition of accounting as proposed by the American Accounting Association?
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∙ 14y ago
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When was the American accounting association established?
it started in1916 with this name"The American Association of University Instructors in Accounting" and after that its named changed to "American Accounting Association" in 1936
Definition of accounting by American Institute of Certified Public Accountants?
standards issued by American Institute of Certified Public Accountants?
What is the role of committees of the National Association of State Boards of Accountancy?
NASBA's committees consult with professional organizations, including the American Institute of Certified Public Accountants (AICPA), the National Society of Accountants, and the American Accounting Association
What is the regulatory bodies in accounting?
The regulatory bodies that govern accounting practices are Securities and Exchange Commission, the American Institute of Certified Public Accountants, the Financial Accounting Standards Board and the Governmental Accounting Standards Board. These regulatory bodies make sure companies file their accounting statements correctly.
Where would I be able to get accounting training?
AMA, the American Management Corporation, offers accounting training. One could also obtain an accounting degree from Kaplan online university, which is located at www.kaplan.edu.
What organizations first issued accounting certificates?
In the 1880s two competing organizations, the Institute of Accounts and the American Association of Public Accounts--the predecessor to the current American Institute of Certified Public Accountants (AICPA)--were issuing certificates
How Private accounting versus public accounting?
The old accounting text book defines public accounting as: offering accounting and related services for a fee to companies, other organizations and the general public. The other services can include auditing, tax services and consulting. The certification offered for this type of accountancy is a Certified Public Accountant. The exam is prepared and administered by the American Institute of Certified Public Accountants (AICPA). Private (or industrial accounting) is the opposite. Instead of providing services to many clients, a private accountant provides services to a single business. In a business consisting of many accountants, the 'head accountant is typically called the controller. Private accountants may or may not be CPA's. The National Association of Accountants does offer a certificate for private accountants called a Certificate in Management Accounting (CMA). Private accountants are often much more specialized and have to adapt to the needs of their company (controlling costs, budgeting, accounting systems, etc.)
Definition of accounting according to AAA?
The process of identifying, measuring and communicating economic information to permit informed judgments and decisions by users of the information. It suggests accounting information is economic information.
What are the release dates for The Greatest American Hero - 1981 There's Just No Accounting--- 2-18?
The Greatest American Hero - 1981 There's Just No Accounting--- 2-18 was released on: USA: 24 March 1982
How far back does accounting date in the US?
With the establishment of the first English colonies in America, accounting, or bookkeeping, as the discipline was referred to then, quickly assumed an important role in the development of American commerce.
What are some reputable accounting degree programs?
The University of Phoenix, Kaplan University, American InterContinental University, Ashford University, and Everest are some of the online schools that offer an accounting degree program.
Define accounting and principles of accounting?
Accounting is the process of communicating financial information about a business entity to users such as shareholders and managers. Accounting is defined by the American Institute of Certified Public Accountants (AICPA) as, "the art of recording, classifying, and summarizing in a significant manner and in terms of money, transactions and events, which are, in part at least, of financial character, and interpreting the results thereof." The principles of accounting are basically the rules and regulation set by a committee, in the U.S.A. these rules are set by the Financial Accounting Standards Board (FASB) and are referred to as Generally Accepted Accounting Principles (GAAP). In short the GAAP is a codification of how a business prepare and present their business income and expenses, assets, and liabilities on their financial statements.
