MGMT 1 Chapter Notes - Chapter 17: Certified Public Accountant, Institute Of Internal Auditors, Financial Statement

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Accounting the recording, classifying, summarizing, and interpreting. Managerial accounting accounting used to provide information and. Private accountant an accountant who works for a single firm, Public accountant an accountant who provides accounting services. Certified public accountant (cpa) an accountant who passes a. Independent audit an evaluation and unbiased opinion about the. Accounting cycle a six-step procedure that results in the. Auditing the job of reviewing and evaluating the information used to. Certified internal auditor (cia) - an accountant who has a. Tax accountant an accountant trained in tax law and responsible for. Journal the record book or computer program where accounting data. Fundamental accounting equation assets = liabilities + owners". Balance sheet financial statement that reports a firm"s financial. Trial balance a summary of all the financial data in the account. Financial statement a summary of all the transactions that have. Double-entry bookkeeping the practice of writing every business (cid:1) are first entered (cid:1) transaction in two places.

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