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Accountant Terms


  > Bookkeeping
The task of recording the amount, date, and source of all business revenues and expenses. Bookkeeping is essentially the starting point of the accounting process. Only with accurate bookkeeping numbers can meaningful accounting be
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  > Invoice
A written record of a transaction, often submitted to a customer or client when requesting payment.
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  > Accounts Receivable
Amounts owed to a business that the business expects to receive.
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   Accountant News:

St. Kitts-Nevis to Host 2007 Conference of Chartered Accountants

On Sunday 11th June a delegation of Chartered Accountants from the St. Kitts and Nevis Branch of the Institute of Chartered Accountants of the Eastern Caribbean (ICAEC) returned to the Federation after attending the 24th Annual Conference of the Institute of Certified Accountants of the Caribbean (ICAC), which was held in Barbados June 8-10 2006.

 The Annual Conference was held under the theme Sharpening the Edge and was attended by over 400 delegates from the Caribbean, and representatives from the Certified General Accountants (CGA) of Canada, Association of Certified Chartered Accountants (ACCA) of the UK. The Conference programme was aimed at providing tools for Accountants in the region to demonstrate the highest qualities of professionalism as they carry out their roles in the industry, private practice or in government. The keynote address was delivered by the Prime Minister of Barbados, Mr. Owen Arthur  who challenged the Accountants to provide the quality of service that will enable the region to meet the current challenges.

The Institute of Chartered Accountants of the Caribbean (ICAC) is headquartered in Jamaica. It has a. membership of over 2,400 Chartered Accountants and affiliates. The ICAC Conference which is held annually will be hosted by St. Kitts and Nevis in June 2007. In addressing the delegates at the 2006 Conference, President of the St. Kitts-Nevis Branch, Donald Thompson urged the delegates to attend the 2007 Conference and to take the opportunity to enjoy the beauty and the charm of the twin island Federation. From the overwhelming response of the delegates it is anticipated that the 2007  Conference will be one of the biggest ever.

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Did You Know?    
 
 
There are different types of accountants.
Accountants specialize in a variety of fields including, but not limited to, audit, budget analysis, financial, management and tax accounting.

 
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