| A | B |
|---|
| Accounting | Planning, recording, analyzing, and interpreting financial information. |
| Accounting System | A planned process for providing financial information that will be useful to management. |
| Accounting Records | Organized summaries of a business’ financial activities. |
| Accountant | A person who plans, summarizes, analyzes, and interprets accounting information. |
| Public Accounting Firm | A business selling accounting services to the general public. |
| Private Accountant | An account who is employed by a single business. |
| Bookkeeper | A person who does general accounting work plus some summarizing and analyzing of accounting information. |
| Accounting Clerk | A person who records, sorts, and files accounting information. |
| General Office Clerk | A person who does general kinds of office tasks, including some accounting tasks. |
| Ethics | The principles of right and wrong that guide and individual in making decisions. |
| Business Ethics | The use of personal ethics in making business decisions. |
| Certified Public Accountant | Accountant licensed by the state |
| Financial Statements | Reports provided to investors and managers to determine the financial position and profitability of a business |
| Auditing | proving the validity of financial statement balances and providing important information to users of financial statements |
| FASB | Private governing authority of accountants |
| Generally Accepted Accounting Principles | Rules of accounting adopted by FASB |
