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An accountant is a practitioner of accounting or accountancy. Accountants who have demonstrated competency through their professional associations\\\’ certification exams are certified to use titles such as Chartered Accountant, Chartered Certified Accountant or Certified Public Accountant, or Registered Public Accountant. Such professionals are granted certain responsibilities…
In bookkeeping, an account refers to assets, liabilities, income, expenses, and equity, as represented by individual ledger pages, to which changes in value are chronologically recorded with debit and credit entries. These entries, referred to as postings, become part of a book of final entry or ledger. Examples of common A chart of accounts provides a listing…
Business is the activity of making one\\\’s living or making money by producing or buying and selling products (such as goods and services).Simply put, it is \\\”any activity or enterprise entered into for profit. Having a business name does not separate the business entity from…
A tax is a compulsory financial charge or some other type of levy imposed on a taxpayer (an individual or legal entity) by a governmental organization in order to fund government spending and various public expenditures. A failure to pay, along with evasion of or resistance to taxation, is…
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