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Common Accounting Terminology
Accountants offer numerous financial services and advice. These services include bookkeeping, tax preparation and evaluation, the preparation of balance sheets, the preparation of income statements and auditing. If you are in need of accounting services, there are some terms you might want to understand as you research accounting firms:

Audit: The assessment of the accounting, management or processes of a business, organization, or system.

Certified Public Accountant (CPA): The title given to a college graduate with the appropriate work experience after passing the Uniform CPA exam. Certified Public Accountants complete tax returns and perform accounting, auditing and reporting for businesses and governmental agencies.

Resource Allocation: The assessment of value of a particular resource as well as the value of the exploitation of that resource.

Financial Adviser: One who provides consultation on financial matters such as estate planning, and management of investments. While accountants and financial advisers are both trained in and have knowledge of the principles of accounting, the primary difference between accountants and financial advisers is that accountants are focused on bookkeeping, statements and tax laws, whereas financial advisers are concerned with the best use of your money in terms of investments and allocations.

Annuity: A series of equal payments in equal measures of time. Rent is an example of an annuity.

Bond: A form of debt security wherein the issuer owes a debt to the holder, and is obliged to pay interest until the the principle is paid in full. The interest is termed the coupon.

Consignment: The delivery of goods to another party, called the consignee, so that the other party can sell it.

American Accounting Association
Get the most out of your accounting practice by joining our prestigious association. We offer certified public accountants with the widest network of peers available in the country.
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The Tax Consultants
We're here to help with all of your Accounting Services issues. We provide high quality Accountants services you can depend on. Anaheim customers will be impressed by our book keeping and tax advice. Call us today for information about individual and corporate services.
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American Institute of Certified Public Accountants
If you're looking into becoming an accountant, get the education you need from our institute. Providing great educational resources for anyone interested in the accounting field.
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Databoy Accounting & Bookkeeping
Accounting Services in the local Anaheim area. We provide bookkeeping offers the power of knowing. Make your business more powerful.
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Accountants World Power Practice
Our services help accountants across the country build stronger relationships with their clients. Stay on top of the latest methods and trends by joining our accountants' association.
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Lipinski & Associates
Accountants in the Anaheim area offer the most comprehensive accounting services to our small business and individual clients. Highly knowledgeable Accounting Services are available for bookkeeping, accounting, tax return preparation, audit filing and much more. Call us to schedule a meeting.
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Ema Accounting Inc
1 review: *****
800 S Brookhurst St Ste 3B, Anaheim, CA 92804
(714) 254-0098 Write review for this local business

"The Business is Perfect. Hishly Recommend. Thank You So Much. I Dont Know what i would of done without you. ..."
1040 Blues Inc Write review for this local business
1400 N Harbor Blvd Ste 550, Fullerton, CA 92835
(714) 526-1676  
When it comes to the IRS or Franchise Tax Board, good accounting beats good intentions. Our accounting firm is your best choice for tax preparation services, as we provide the most thorough and accurate returns.
Lakeside Tax & Business Services Inc
1 review: *****
1301 E Lincoln Ave Ste D, Orange, CA 92865
(714) 637-4339 Write review for this local business

"BEWARE this tax preparer makes mistakes doesnt return calls emails or keep his word. I contracted and paid this preparer the first week of April to file and refile many years of returns by the middle of may. This is the commitment me made to me and the IRS. He failed to provide the service he agreed to. Made mistakes in overstating my income by thousands of dollars on the few returns he completed ..."
Alamitos Tax & Bookkeeping Services
1 review: *****
3700 Katella Ave Ste A, Los Alamitos, CA 90720
(562) 493-2525 Write review for this local business

"If you make money and pay taxes, you can not afford not to use their services. ..."
Reliable Business Support
2 reviews: *****
12062 Valley View St Ste 237A, Garden Grove, CA 92845
(714) 896-0366 Write review for this local business
Our experienced accountants assist our clients with tax accounting and preparation for small businesses and non-profit organizations. Call us to schedule an appointment.

"Ismail and his son are very quick to give you service and do a good job. They are very thorough and are pleasant to work with. ..."
Emil Estafanous, CPA
1 review: *****
12501 Imperial Hwy Ste 115, Norwalk, CA 90650
(562) 868-6333 Write review for this local business

"I could be covered by health insurance through my company. But I was turned down because of my preexisting condition – diabetes. Emil showed me an alternate way to have the business provide coverage for my doctor bills and expensive medication. ..."
Gaglio Joe
1 review: *****
16512 Burke Ln, Huntington Beach, CA 92647
(714) 841-1166 Write review for this local business

"Great advise and service on my Taxes. Joe gave me ideas and approaches to consider to move my wife and I forward with our financial goals. ..."
A Shah and Associates Write review for this local business
520 N Brookhurst St Ste 107, Anaheim, CA 92801
(714) 635-7777 Write review for this local business
675 N Euclid St Unit 244, Anaheim, CA 92801
(714) 829-3232  
K Nj Accounting Services Inc. Write review for this local business
2508 W Woodland Dr, Anaheim, CA 92801
(714) 826-4565  
S & S Accounting Services Write review for this local business
638 W La Palma Ave, Anaheim, CA 92801
(714) 563-0124  
Dm Dental Write review for this local business
716 N Valley St, Anaheim, CA 92801
(714) 956-3010  
Rapid Tax Write review for this local business
2622 W Lincoln Ave, Anaheim, CA 92801
(714) 828-2220  
Velasquez Services Write review for this local business
1002 N Euclid St, Anaheim, CA 92801
(714) 772-0504  
Financial Research System Inc Write review for this local business
421 N Brookhurst St, Anaheim, CA 92801
(714) 991-7804  
Medi Companion Write review for this local business
421 N Brookhurst St, Anaheim, CA 92801
(714) 635-9271  
Cypress Accounting Services Write review for this local business
2161 W Lincoln Ave, Anaheim, CA 92801
(714) 956-7322  
Knj Accounting Services Inc Write review for this local business
2525 W Woodland Dr, Anaheim, CA 92801
(714) 826-4565  
Castle Accounting Services Write review for this local business
760 N Euclid St Ste 201, Anaheim, CA 92801
(714) 533-0045  

If you enjoy mathematics, finance management, and other bookkeeping activities, you may consider becoming a certified public accountant. As a CPA, you will help others in their record keeping. You also assist in filing taxes and consulting both business and private clients alike. Be prepared for a decent amount of schooling before being able to legally practice.

When looking to get into this occupation, you must first take courses in the field of study. You can enroll in these courses normally at any university or technical college and taking on an internship at a decent firm will greatly improve your skills. You will need to constantly update your computer skills, as much of what you analyze will be done online.

Customer service skills are needed in order to properly communicate during audits with corporate and home customers. In order to be a certified public accountant, you will also need the proper state licensure to operate legally. You may also acquire other certifications in addition to the CPA from the Institute of Internal Auditors, Institute of Management Accountants, and Accreditation Council for Accountancy and Taxation. Passing state examinations is also required for licensure.

CPAs also need to know all of the updated tax laws and programs in order to work with the government properly. Bookkeeping, finance and payroll skills are essential whether you work for a company or as an independent adviser since you will need to recognize mistakes made in any charter. Your customers look to you to fix honest mistakes made.

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