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Accountant Terms


  > 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.
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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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  > Cash Method Of Accounting
Accounts for income and expenses when actually received or paid.
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Latest News
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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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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...

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Aug 22, 2005 - Accountant As Much As A $25 Million Bounty
The September 1, 1994 IRS raid came about as the result of a plot hatched by a former chief in-house accountant while he w...
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