Accounting Department: Definition and additional resources from BNET
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BNET Business Dictionary

Business Definition for: Accounting Department

Additional Resources

Who's News
Accounting Eric Diamond has been hired as a manager in the audit and accounting department of Amper, Politriner and Mattia, an Edison-based accounting firm. He focuses on manufacturing, telecommunications and technology and is a member of the firm's Technology Group. He earned a bachelor's degree from Rutgers University. Marc Fogarty...
Tags: accounting, FINANCE, Rutgers University
Research articles 2005-12-19
Basic Terms and Concepts
There are few things which need to understand in order to make setting up accounting system easier. Debits and Credits are the backbone of any accounting system. Further, all debits must equal all credits. If they don't, the entry is out of balance. Therefore, the accounting system must have...
Tags: Accounting, Accounting System, BusinessTown.com, Operational Accounting, Financial Services, Finance
White papers 2003-01-01
Moss Adams donates to WWU's accounting department
Moss Adams, the 11th-largest accounting and consulting firm in the United States, recently donated $32,000 to the Western Washington University accounting department, as part of the Moss Adams Faculty Fellow endowment program. [ILLUSTRATION OMITTED] The program supports the faculty's research activities and assists the department in retaining high-quality...
Tags: accounting, FINANCE, Western Washington University
Research articles 2008-06-01
DOJ eyes AOL. (The Week That Was).(Department of Justice accounting investigation)(Brief Article)
The Justice Department is investigating allegations of accounting irregularities at AOL Time Warner. "In the current environment, when anyone raises a question about accounting, it's not surprising that the relevant government agencies will wa The Justice Department is investigating allegations of accounting irregularities...
Tags: accounting, America Online Inc., U.S. Department of Justice
Research articles 2002-08-05
Market-value accounting could have been worse. (Financial Accounting Standards Board requirement that banks value some securities at current market prices) (Brief Article)
Accountants aren't known for their sense of humor. As one CEO put it, "I don't generally like to hear laughter coming from my accounting department." Accountants aren't known for their sense of humor. As one CEO put it, "I don't generally like to hear...
Tags: accounting, bank, Financial Accounting Standards Board, security
Research articles 1993-06-01
Health And Safety Management, Accounting
Accounting is defined as a process of identifying, measuring, and communicating economic information to permit informed judgments and decisions. Accounting can be divided into three categories viz. financial, managerial, and cost accounting. The three types of accounting procedures perform different functions at different level of organizations. The paper throws light...
Tags: Accounting, Health Care, Operational Accounting, Financial Services, Finance
Presentations 2002-01-23
Financial Accounting
Accounting is an essential tool for measuring the economic status of companies and analyzing their worth. There are different types of accounting procedures viz. financial and managerial accounting. The two differ from each other in their functions. Experts suggest that a managerial accounting involves dealing with internal financial condition. On...
Tags: Accounting, Financial, Financial Accounting, Finance
White papers 2003-01-01
Why historical cost accounting makes sense
As the Financial Accounting Standards Board FASB continues to march toward fair value accounting and away from historical cost accounting, it's a good time to consider the flaws of fair value accounting. Enron's demise, after all, has been partially blamed on fair value accounting. In addition, it has been suggested...
Tags: accounting, asset, financial, Financial Accounting Standards Board
Research articles 2008-08-01
May Co. CEO David Farrell high on future of brands. (May Department Stores Co.)
May Department Stores CEO David Farrell laid out the strategy for the chain's growth, which will include aggressively marketing collections such as Tommy Hilfinger, Nautica and Polo and well as the classification business, that accounts for 35% of total business. Farrell forecasts yearly revenue increases of 11-13% for 1994 and...
Tags: brand, Branding, classification, Co., MARKETING, May Department Stores Co., Retail
Research articles 1993-10-27
Federated planning to consolidate accounting, revamp distribution; move will save $5M a year. (Federated Department Stores Inc.) (Brief Article)
NEW YORK FNS -- Federated Department Stores, Inc., plans to consolidate all its accounting functions and restructure its distribution systems to improve efficiency and reduce costs. The company said Tuesday that it will consolidate the accounting and accounts payable functions for the entire chain...
Tags: accounting, Federated Department Stores Inc., FINANCE
Research articles 1993-03-31
Financial Accounting Foundation Appoints Distinguished Accounting Professor Thomas J. Linsmeier to the FASB
NORWALK, Conn. -- Robert J. DeSantis, President and Chief Operating Officer of the Financial Accounting Foundation ("FAF") today announced that the FAF Trustees have appointed Thomas J. Linsmeier to the Financial Accounting Standards Board FASB. Mr. Linsmeier is the Russell E. Palmer Endowed Professor and Chairman of the Department of...
Tags: accounting, Financial Accounting Standards Board
Research articles 2006-05-16
U.S. Treasury Wants to Abolish Cash Accounting
House Small Business Committee Chairman Jim Talent is on the warpath over a Treasury Department policy that has taken away from entrepreneurs one of the best case management tools allowing them to succeed -- cash accounting. Small businesses often choose cash accounting because it best reflects the way they...
Tags: accounting, accrual, FINANCE, talent, Taxes, U.S. Department of Treasury
Research articles 2000-04-10
InPhonic Adds Two Industry Veterans to Accounting Team; InPhonic Names George Moratis and Jim Vedder to Key Management Roles on the Accounting Team
WASHINGTON -- InPhonic, Inc. (NASDAQ:INPC), a leading online seller of wireless services and products, announced the addition of two seasoned veterans to InPhonic's accounting department. Their addition brings more than 30 years of financial experience at publicly-traded companies, regulatory agencies and accounting firms. Both joined the Company in October and...
Tags: accounting
Research articles 2005-11-16
Accounting Clerk I
The Accounting Clerk I job description template includes the following job summary: To ensure accurate accounting records for receipts and/or disbursements within the County. This is a responsible nonsupervisory position. Duties include performing a variety of complex clerical and entry-level bookkeeping and accounting tasks, applying accepted procedures to the preparation...
Tags: Job, Accounting, Business & Legal Reports, Operational Accounting, Financial Services, Finance
Tools & templates 2008-11-01
FASB Issues Accounting Standard That Improves the Reporting of Accounting Changes as Part of Convergence Effort With IASB
NORWALK, Conn. -- The Financial Accounting Standards Board FASB has issued Statement No. 154, Accounting Changes and Error Corrections, a replacement of APB Opinion No. 20 and FASB Statement No. 3. The Statement applies to all voluntary changes in accounting principle, and changes the requirements for accounting for and reporting...
Tags: accounting, Financial Accounting Standards Board
Research articles 2005-06-01
Texas University Awaits Arthur Andersen Study on Salary Inequities.
By Diana Reinhart, The Beaumont Enterprise, Texas Knight Ridder/Tribune Business News Sep. 25--BEAUMONT, Texas--Howell Lynch wonders where he will find the person to fill a position in his department at Lamar University. The available job as an accounting professor pays $59,314,...
Tags: Arthur Andersen, Benefits, Lamar University, professor, salary
Research articles 2001-09-25
Linsmeier new FASB board member.(Financial Accounting Standards Board)(Thomas J. Linsmeier)(Brief article)
The Financial Accounting Foundation FAF Trustees appointed Thomas J. Linsmeier to the Financial Accounting Standards Board FASB. Linsmeier is the Russell E. Palmer Endowed Professor and Chairman of the Department of Accounting and Information Sys The Financial Accounting Foundation FAF Trustees appointed Thomas J. Linsmeier...
Tags: board, Financial Accounting Standards Board
Research articles 2006-07-01
Accounting Clerk II
The Accounting Clerk II job description template includes the following job summary: To ensure accurate accounting records for receipts and/or disbursements within the county. This is a responsible nonsupervisory position. Duties include performing a variety of complex clerical and entry-level bookkeeping and accounting tasks, applying accepted procedures to the preparation...
Tags: Job, Accounting, Business & Legal Reports, Operational Accounting, Financial Services, Finance
Tools & templates 2008-11-01
Accounting Clerk I Job Description
The Accounting Clerk I job description template includes the following job summary: To ensure accurate accounting records for receipts and/or disbursements within the County. his is a responsible non supervisory position. Duties include performing a variety of complex clerical and entry-level bookkeeping and accounting tasks, applying accepted procedures to the...
Tags: Job, Accounting, Business & Legal Reports, Operational Accounting, Financial Services, Recruitment & Selection, Finance, Human Resources, Workforce Management
Tools & templates 2007-09-09
WHO'S NEWS
ACCOUNTING Gina Loh and John A. Cromley, both C.P.A.s, have joined Edison's Amper, Politziner & Mattia as senior accountants in the firm's audit and accounting department. Loh previously worked as a senior accountant with Cohen Friedman Dorman Leen & Co. She earned a B.S. in accounting from Rutgers University. Cromley...
Tags: accountant, accounting, Banking, FINANCE, Rutgers University
Research articles 2005-04-18
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