| A | B |
|---|
| accounting | Planning, recording, analyzing, interpreting financia 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. |
| financial accounting | The recording of a business' financial activities and the periodic preparation of financial reports. |
| managerial accounting | the analysis, measurement, and interpretation of financial accounting information. |
| cost accounting | The determination and control of costs of a business enterprise. |
| tax accounting | The preparation of tax returns as well as tax planning. |
| auditing | The independent reviewing and issuing of a opinion on the reliability of accounting records. |
| auditor | A person who examines the records which support the financial records of a business to assure that generally accepted accounting principles are followed. |
| personal financial planning | Assisting individuals in managing their personal investments. |
| management advisory services | Management advice provided to an organization by a public accountant. |
| ethics | The principles of right and wrong that guide an individual in making decisions. |
| proprietorship | A business owned by one person. |
| partnership | A business in which two or more persons combine their assets and skills. |
| corporation | An organization with the legal rights of a person and which may be owned by many persons. |
| share of stock | Each unit of ownership in a corporation. |
| capital stock | Total shares of ownership in a corporation. |
| stockholder | An owner of one or more shares of a corporation. |
