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Accountant Terms


  > Accrual Method Of Accounting
In the context of a financial audit, audit findings represent weaknesses or deficiencies in internal controls, or instances of noncompliance with applicable laws and regulations, that are presented in an audit report.
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  > Net Income
Gross income less expenses; it represents a business's profit for a given year.
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  > Statement
A formal written summary of outstanding invoices.
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Jan 15, 2007 - Accounting Periods When Preparing A Statement Of Income
When preparing a statement of income and expenses (generally your income tax return), you must use your books and records ...
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Jul 14, 2006 - F.E.R.C, Strengthens Customer Protection, Facilitates Investment In Electricity Industry
The Federal Energy Regulatory Commission today harmonized provisions of two key Energy Policy Act of 2005 rulemakings addr...
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Aug 22, 2005 - Discipline Against The Respondent
On October 29, 2001, bar counsel filed a five-count petition for discipline against the respondent. On February 27, 2002, ...
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