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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.
What is an accountant?
An accountant is a person who tracks the income and assets of businesses over time. Accountants engage in a wide variety of activities besides preparing financial statements and recording business transactions, participating in strategies for mergers and acquisitions, quality management, developing and using information systems to track financial performance, tax strategy, and health care benefits management.
What types of accountants are there?
Accountants specialize in a variety of fields including, but not limited to, audit, budget analysis ,financial, management and tax accounting.
Where do accountants work?
Some accountants prefer to work alone, but in general they usually work for public accounting firms, the government or corporations.
What are some of the top accounting firms?
Some of the top accounting firms include KPMG/Peat Marwick, Ernst and Young, Arthur Andersen and Price WaterhouseCoopers amoung others.
Contact our New Mexico Accountants
If you live in the following cities and need an accountant, you should contact our New Mexico Accountants as soon as possible:
Alamogordo
Albuquerque
Anthony
Artesia
Aztec
Belen
Carlsbad
Clovis
Deming
Edgewood
Espanola
Farmington
Gallup
Hobbs
Las Cruces
Las Vegas
Los Alamos
Los Lunas
Portales
Rio Rancho
Roswell
Santa Fe
Shiprock
Silver City
Taos
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 New Mexico and nationwide:
Jun 20, 2006 - St. Kitts-Nevis to Host 2007 Conference of Chartered Accountants St. Kitts-Nevis to Host 2007 Conference of Chartered Accountants
On Sunday 11th June a delegation... Read more >
Jan 19, 2006 - Texas CPA Exam, Grad Gets Top National CPA Score
Austin, Texas – A May 2002 PPA program graduate of the McCombs School of Business at the University of Texas at Austin has... Read more >
Aug 22, 2005 - The Accountant Charged The Receivership $285,885
In about 1990, Fleming hired a certified public accountant to prepare a compilation of USIC receipts and disbursements to ... Read more >
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