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  HOME ABOUT US FAQ RESOURCE CENTER CONTACT US FINANCIAL REVIEW February 27, 2010
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  Hot Topics
 

Corporate Accounting
Investments Tracking
Taxes
Balance Statement
Financial Reporting
Annual Reports
Payroll Records
Auditing
Asset Protection
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Accountant Terms


  > 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.
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  > Accounts Receivable
Amounts owed to a business that the business expects to receive.
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  > Compliance Audits
Compliance audits are internal or external audits performed to evaluate whether systems or processes are designed and operating effectively to ensure compliance with pertinent laws, rules, regulations, and internal policies and procedures
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   Frequently Asked Questions About Accounting

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 Honolulu Accountants


If you live in the following cities and need an accountant, you should contact our Honolulu Accountants as soon as possible:

  • Ahuimanu
  • Aiea
  • Aliamanu
  • Ewa Beach
  • Halawa
  • Hilo
  • Honolulu
  • Kahului
  • Kailua
  • Kaneohe
  • Kaneohe Station
  • Kapaa
  • Kihei
  • Lahaina
  • Makaha
  • Makakilo City
  • Mililani Town
  • Nanakuli
  • Pearl City
  • Schofield 
  • Barracks
  • Wahiawa
  • Waianae
  • Wailuku
  • Waimalu
  • Waipahu
  • Waipio

       
 
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 Honolulu 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 ...
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The information provided on Accountant Honolulu.com is not intended to be accounting advice, but merely conveys general information related to accounting issues commonly encountered.

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