What is governmental accounting, tax preparers, and corporate accounting?

Governmental accounting is the method by which the federal, state, and local governing bodies account for their finances. Governmental accounting is directed by the Governmental Accounting Standards Board (GASB).

Tax preparers are individuals that prepare tax returns such as (but not limited to) income, sales, estate, trust, and nonprofit reporting.

Corporate accounting is the method by which for-profit companies account for their finances. Corporate accounting is directed by the Financial Accounting Standards Board (FASB), PCAOB, and the International Accounting Standards Board (IASB) for international businesses.

Tags

　　Accounting Services 　　Accounting Career 　　Accounting Jobs 　　Small Business Accounting 　　Accounting Company 　　Accounting Firm 　　Tax Accounting 　　Cost Accounting 　　Accounting Bookkeeping 　　Managerial Accounting 　　Financial Accounting 　　Intermediate Accounting

Related information

What鈥檚 the best and easiest software to use for an LLC accounting and/or tax needs?

There is not one package that will do both Accounting and Taxes. Quickbooks should do everything that you need from the accounting side. Find a CPA/EA for the tax side. Many tax programs can i...

This is an accounting question?? how come so different on monthly salary/annual salary on social security tax?

There is no refund of Soc Sec Tax unless you change jobs and exceed the dollar limitations. Tax withholding should be the same at the end of the year IF all things are equal, such as pensions, hea...

My business net income is $3K added by accountant says "accounting adjustment" what is that!? Now more TAX!

OK, let's see here. An accountant is making an accounting adjustment and they can not or will not explain why they are. Sounds like to me your being taken advantage of. Keep in mind, your acco...

What is the difference between Accounting Depreciation & Tax Depreciation?

Accounting depreciation is the method used by a company in preparing its financial statements. Tax depreciation is the method used in preparing the company's tax returns (both Federal and stat...

I want to become more knowledgable on tax law. Should I study law or accounting?

Attend a school that offers a JDMBT. The masters in business taxation along with your JD will be the most comprehensive program on tax law that you can find.

...

Tax formula for Peachtree Accounting , the tax formula that i need is not to deduct any taxes frm employees?

First, you don't saw which version of PAW. That makes a huge difference. Second, PAW's later editions have locked down those tax formulas. My former employer used to make some money ...

Tax Account Transcript?

The 846 is the IRS code for refunds the processing date is the date that they processed your return withholding credits dated 4/15/07, is the date that you Federal Tax withheld was credited for...

How to do the web hosting bussiness accounting in India ? which tax is applicable & what is the rate in India?

No service tax is applicable as it is not in the list of notified taxable services. Income tax will be applicable if after all business expenditure; you have income above and over exemption to tax...