In effect, the accountant is doing your tax accounting and return preparation, but reporting as a subcontractor to your lawyer.
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We can hire an accountant or fiduciary to help if accounting is not our favorite thing.
Further, why, out of all the accounting firms in the world, did the pension choose an accountant that was not independent?
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To become a Certified Public Accountant (CPA), one needs an undergraduate degree in accounting plus the ability to pass a regimen of exams.
It is likely that William Webster, the accounting board appointee, and Robert Herdman, the SEC's chief accountant, who had signed off on the appointment despite Mr Webster's admission of involvement in a company being sued by shareholders, will now admit that their positions are also untenable.
Mr. Bisgay is a certified public accountant and was employed in the Financial Services Industry Practice at the accounting firm of PricewaterhouseCoopers LLP from 1989 to 2001, most recently as a Senior Manager.
Your accountant should be able to advise you on how to get that cost accounting system in place.
Therein lays one of the key shortcomings of traditional accounting: there is no allowance for a change in the cost of capital in the accountant's methodology, even though it is incredibly relevant to an asset's value.
For example, to become an accountant, you can simply take a four year apprenticeship with one of the major accounting firs.
There are a few accounting professors that maintain blogs such as Grumpy Old Accountants, The Summa, and Freaking Accountant but for the most part, blogging is something we typically do not do within the academy.
In an interview with the BBC, Marta Andreasen - who was ditched from her post as chief accountant at the European Commission in May - says the Commission's numbers fail even to meet minimum accounting standards.
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