- Industry: Accounting
- Number of terms: 7464
- Number of blossaries: 0
- Company Profile:
A letter written by the auditor to an underwriter of securities, which expresses an opinion about whether the audited financial statements and schedules in the registration statement comply as to form with applicable accounting requirements of the Act and related rules and regulations adopted by the SEC. Procedures performed are specified by the underwriter.
Industry:Accounting
are a consulting service in which the CPA develops the findings, conclusions, and recommendations presented for client decision-making. This differs from attestation, where the CPA expresses a conclusion about a written assertion of another.
Industry:Accounting
An audit procedure to determine or to discover with certainty. For example, to ascertain the date on which an investment was purchased by examining source documents.
Industry:Accounting
analyze, is proceed to analysis, identify qualities in terms of analysis.
Industry:Accounting
The difference between a sample estimate and the projected population characteristic at a specified sampling risk. This allowance is also the difference between the expected error rate and the tolerable deviation rate.
Industry:Accounting
To mark supporting documents as having been used to support a transaction so the same documents can't be used to support another transaction. An example is stamping vouchers "paid."
Industry:Accounting
Distribution according to a plan. Depreciation, amortization, and depletion are methods to allocate costs to periods benefited.
Industry:Accounting
are official pronouncements covering compilation and review engagements. Compilation is presenting in the form of financial statements information that is the representation of management (owners) without expressing assurance. Review is inquiry and analytical procedures to provide the accountant a basis for expressing limited assurance that there are no material modifications that should be made to the statements for them to be in conformity with U.S. generally accepted accounting.
Industry:Accounting
is the use of communication between an entity and customers or suppliers to transact business electronically. Purchase, shipping, billing, cash receipt, and cash disbursements can be completed entirely by exchanging electronic messages.
Industry:Accounting
Processing of information by computer as opposed to handwritten records.
Industry:Accounting
