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Accountant Terms


  > Ledger
A physical collection of related financial information, such as revenues, expenditures, accounts receivable, and accounts payable.
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  > Base Adjustment
Adjustments made to the initial base level budget to reflect total base level funding available to the agency. The list of acceptable base level technical and policy adjustments are included in the biennial budget instructions. Adjustments are generally made on a technical or policy basis. Examples of technical adjustments are one-time appropriations and program sunsets. Examples of policy adjustments are salary increases and space rental changes.
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  > 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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   Topics Related to Accountants:

Corporate Accounting
Investments Tracking
Book Keeping
Financial Reporting
Asset Protection
Balance Statements
Payroll
Annual Reports
Taxes
Contact our Chicago Accountants


If you live in the following cities and need an accountant, you should contact our Chicago Accountants as soon as possible:

  • Arlington Heights
  • Aurora
  • Bartlett
  • Berwyn
  • Bolingbrook
  • Buffalo Grove
  • Carol Stream
  • Chicago
  • Chicago Heights
  • Cicero
  • Des Plaines
  • Elgin
  • Glenview
  • Granite City
  • Harvey
  • Joliet
  • Lockport
  • Lombard
  • Mchenry
  • Moline
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  • Normal
  • Oak Lawn
  • Palatine
  • Plainfield
  • Tinley Park
  • Waukegan
  • Wheaton
       
 
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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Latest News
  Latest accountant news in Chicago and nationwide:

Jul 14, 2006 - Lt. Governor Denish To Swear In New Accountants
Albuquerque—The Regulation and Licensing Department’s Public Accountancy Board membersand special guest Lt. Governor ...
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Jun 28, 2006 - International Accounting Standards Committee
International Accounting Standards Committee

The Trustees of the International Accounting Standar...
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Aug 22, 2005 - Accountant As Much As A $25 Million Bounty
The September 1, 1994 IRS raid came about as the result of a plot hatched by a former chief in-house accountant while he w...
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