answersLogoWhite

0


Want this question answered?

Be notified when an answer is posted

Add your answer:

Earn +20 pts
Q: What is the definition of accounting according to American accounting association?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Continue Learning about Accounting

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


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.)


My questions relate to the field of Auditing What does AU stand for example AU sec 324 service organizations and which organization establish these AUs?

These are auditing standards set by the American Accounting Association's Auditing Standards Board. The Statements on Auditing Standards are developed chronologically, and the AU codification organizes them by topic.


What role did the American Institute of Certified Public Accountants play during the early days of public accounting?

the first century of public accounting in the United States, the American Institute of Certified Public Accountants (and its predecessor organizations) provided strong leadership to meet the changing needs of business, not-for-profit, and government


How long has the American Institute of Certified Public Accountants been issuing accounting certificates?

The AICPA has provided this service since 1917.

Related questions

Give the definition of accounting as proposed by the American Accounting Association?

check your answer


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?


Compare and contrast the definition for Marketing for the chartered institute of marketing and the American Marketing Association.?

Compare with Chartered Institute of UK and American Association of Marketing, the definition of Marketing?


Economic interest group American Medical Association?

The American Medical Association is a professional association, and it does meet the definition of an economic interest group. It was founded in 1847.


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 target A1C according to the American diabetes association?

6.0


What is the full meaning of AMA?

AMA can mean several things. According to online sources it can mean: 1) American Medical Association, 2) American Motorcyclist Association, 3) Academy of Model Aeronautics, 4) American Marketing Association or even 5) Alberta Motor Association.


Is American Cheese the top selling cheese in 1998 according to the American Dairy Association?

Yes


Is Brie the top selling cheese in 1998 according to the American Dairy Association?

No


Is Parmesan the top selling cheese in 1998 according to the American Dairy Association?

No


Is American Cheese the top 4 selling cheese in 1998 according to the American Dairy Association?

Yes