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Accountant Terms


  > Double-Entry Accounting
A system of accounting that records each business transaction twice.
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  > Cash Method Of Accounting
Accounts for income and expenses when actually received or paid.
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  > Cash Letter
A group of checks accompanied by a paper listing sent to a clearinghouse, a Federal Reserve Bank, or another institution. A cash letter contains a number of negotiable items, mostly checks, accompanied by a letter that lists the amounts and instructions for transmittal to another bank. May also be called a transmittal letter.
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Jul 31, 2006 - FASB To Simplify Accounting For Separately Recognized Servicing Assets And Liabilities
The FASB today issued Statement of Financial Accounting Standards No. 156, Accounting for Servicing of Financial Assets. T...
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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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Apr 27, 2006 - Office of the Chief Accountant Selects Two Professional Accounting Fellows
Washington, D.C., Mar. 30, 2006 — The Securities and Exchange Commission's Office of the Chief Accountant has selecte...
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