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AccountantTerms
> Blue Book
This is the term commonly used to describe the Government Finance Officers Association publication Governmental Accounting, Auditing and Financial Reporting. Initially, the blue book was the authoritative source for GAAP for state and local governments.
> 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.
> 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
Lt. Governor Diane Denish To Swear In New Accountants
Albuquerque—The Regulation and Licensing Department’s Public Accountancy Board members and special guest Lt. Governor Diane Denish will be swearing in over 43 certified public accountants at its Spring 2006 Swearing In Ceremony in Albuquerque on Saturday.
The Lt. Governor will deliver the keynote address and administer the oath of office to 35 new licensees and eight licensee transfers from other states . “I consider Certified Public Accountants to be public servants who are tasked with keeping the public trust,” Denish said, “by taking an oath of office these newly minted CPAs are telling the people of New Mexico they are here to serve a higher purpose and I am excited to be part of their entrance into the field.”
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If you live in the following cities and need an accountant, you should contact our Kansas Accountants as soon as possible:
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Did You Know?
You want to hire an accountant that practices GAAP.
Generally accepted accounting principles (GAAP) are the accounting rules used to prepare financial statements for publicly traded companies and many private companies in the United States.
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Latest News
Latest accountant news in Kansas and nationwide:
Jan 15, 2007 - Accounting Periods When Preparing A Statement Of Income
When preparing a statement of income and expenses (generally your income tax return), you must use your books and records ... Read more >
Jun 28, 2006 - International Accounting Standards Committee International Accounting Standards Committee
The Trustees of the International Accounting Standar... Read more >
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