- Settore: Accounting
- Number of terms: 7464
- Number of blossaries: 0
- Company Profile:
An action, such as a step performed as part of an audit program or as part of the client's internal controls.
Industry:Accounting
An internal control included in computer software designed to assure that all transactions are handled as authorized and none omitted or added.
Industry:Accounting
The portion of an entity that acquires resources and converts them to the product or service for customers.
Industry:Accounting
production order, a document that initiates the process of manufacturing.
Industry:Accounting
as an auditor includes the auditor's formal education and subsequent experience. The independent auditor must undergo training adequate in technical scope, including commensurate general education. The assistant entering an auditing career must obtain experience with proper supervision and review of his or her work by a more experienced superior.
Industry:Accounting
An audit program is a listing of audit procedures to be performed in completing the audit. A computer program (software) is a listing of steps to be performed in processing the data.
Industry:Accounting
are built into computer software and include reasonableness tests, control totals, and sequence checks.
Industry:Accounting
of the FASB and GASB are rules that determine the principles for external financial reporting and disclosure.
Industry:Accounting
These are either financial forecasts or financial projections. Prospective financial statements may cover a period that has partially expired. Statements for periods that have completely expired are not prospective financial statements.
Industry:Accounting
A registration statement filed with the SEC includes audited financial statements (balance sheet, income statement, and statement of cash flows) for the previous three years. A prospectus contains the same information and must be supplied to all parties to whom offers are made. There is a twenty-day waiting period between the filing of the registration statement and the first sale of securities. During this period, preliminary ads and a "red herring" prospectus can be provided to offerees but must be clearly marked as preliminary.
Industry:Accounting
