Gourt > Regional > Asia > Singapore > Business and Economy > Financial Services > Accounting (5)
Accountancy (profession) or accounting (methodology) is the measurement, disclosure or provision of assurance about information that helps managers and other decision makers make resource allocation decisions. Financial accounting is one branch of accounting and historically has involved processes by which financial information about a business is recorded, classified, summarized, interpreted, and communicated. Auditing, a related but separate discipline, is the process whereby an independent auditor examines an organization's financial statements and accounting records in order to express an opinion—that conveys reasonable but not absolute assurance—as to the truth and fairness of the statements and the accountant's adherence to Generally Accepted Accounting Principles, in all material respects. At the heart of accounting is the measurement of financial transactions which are transfers of legal property rights made under contractual relationships. Non-financial transactions are specifically excluded due to conservatism and materiality principles.
Practitioners of accountancy are known as accountants. There are many professional bodies for accountants throughout the work. Many allow their members to use titles indicating their membership. Examples are Chartered Accountant and Certified Public Accountant.
Accountancy attempts to create accurate financial reports that are useful to managers, regulators, and other stakeholders such as shareholders, creditors, or owners. The day-to-day record-keeping involved in this process is known as bookkeeping.
More on [ Accountancy ]
RT @RPNews: Over 200 large firms told to computerize accounting system by year-end http://url4.eu/yI2c
glenmund (glenmund) Tue, 05 Jan 2010 19:46:04 -0000
RT @RPNews: Over 200 large firms told to computerize accounting system by year-end http://url4.eu/yI2c
Accounting for #tax uncertainties: FIN 48 article in latest Fla #CPA Today http://tinyurl.com/fcpatjf (page 10) @FICPA
mpravia (Manny Pravia) Tue, 05 Jan 2010 19:45:30 -0000
Accounting for #tax uncertainties: FIN 48 article in latest Fla #CPA Today http://tinyurl.com/fcpatjf (page 10) @FICPA
And imagination is critical to historical understanding: http://bit.ly/6YC5b6 Just how is advanced historical education accounting for this?
Jurretta (Jurretta Heckscher) Tue, 05 Jan 2010 19:44:43 -0000
And imagination is critical to historical understanding: http://bit.ly/6YC5b6 Just how is advanced historical education accounting for this?
@offthe4thwall church accounting 101?
joe_gomez (josephallyngomez) Tue, 05 Jan 2010 19:44:05 -0000
@offthe4thwall church accounting 101?
Freelancer Needed for a .NET/C/C++/SQL project, $750 budget, Accounting Software Needed Urgent http://bit.ly/4Dp19E
BidHire (BidHire) Tue, 05 Jan 2010 19:40:06 -0000
Freelancer Needed for a .NET/C/C++/SQL project, $750 budget, Accounting Software Needed Urgent http://bit.ly/4Dp19E
Freelance .NET Job - Accounting Software Needed Urgent http://bit.ly/5Y8r9f
work_freelance (Freelance Jobs) Tue, 05 Jan 2010 19:38:32 -0000
Freelance .NET Job - Accounting Software Needed Urgent http://bit.ly/5Y8r9f
Institute of Certified Public Accountants of Singapore - National organisation for the accounting profession in Singapore, with an overview of IPAC, news, membership information, training programs, FAQ and links.
500
Public Accountants Board Singapore - Controls and regulates the practice of the profession of accountancy by public accountants and accounting corporations in Singapore.
The Institute of Internal Auditors Singapore - Includes an overview of this national auditors' association, membership benefits, events, standards, library resources, and links.
| Indigenous Tribal People Kill Pig for Celebration-NOT FOR CHILDREN! | |
| Next Video | |
