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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. Irvine 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 Irvine 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 Irvine 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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STANDARD LISTINGS:   ACCOUNTANTS IN/NEAR IRVINE
Davila Laurel M CPA Write review for this local business
Irvine, CA 92602
(949) 476-1835  
We have 20 years of public accounting experience for individuals and small businesses. Our accounting professionals help clients prepare for taxes, audits and late filing.
E-Med Billing Services
1 review: *****
13891 Newport Ave Ste 205, Tustin, CA 92780
(714) 505-9041 Write review for this local business

"I wouldn't rate this as a good company. I've done business with this company in the past and they are not well organized, never tracked down clients payments on time and all work was done at their convenience and not in the time period it was suppose to be in. They treat you as if you need them they don't need you. ..."
Medvision Inc
1 review: *****
15012 Red Hill Ave Ste H, Tustin, CA 92780
(714) 258-0011 Write review for this local business

"great service collected lots of money very experienced resolved lots of problems ..."
C Tec Resource
1 review: *****
18002 Cowan, Irvine, CA 92614
(949) 724-0122 Write review for this local business

"Take your business elsehwere, unless you want your time and money wasted ..."
Ejm & Associates
1 review: *****
Irvine, CA 92614
(949) 476-1183 Write review for this local business

"Be careful when dealing with these people!! they have taken my money, all my legal papers and never called me back or answered any of my calls since. now i have to file my taxes and i have none of my corporation legal papers that i need for taxes! ..."
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 ..."
A Bookkeeping & Tax Service
1 review: *****
25422 Spring Gln, Lake Forest, CA 92630
(949) 305-0750 Write review for this local business

"Company is very family oriented prices are competive and services are very professional would highly recommend to my family and friends ..."
Brian Ringler Associates
1 review: *****
20 Rancho Cir, Lake Forest, CA 92630
(949) 859-9410 Write review for this local business

"Excellent Service, Knowledgeable, Creative, Comfortable Office, Friendly Staff, The Greatest CPA Ever! ..."
Robert Redwitz & Co Write review for this local business
5520 Trabuco Rd, Irvine, CA 92620
(949) 753-1514  
Chris CPA Baker Cfp Write review for this local business
1130 Roosevelt, Irvine, CA 92620
(949) 263-1883  
Lbco USA LLC Write review for this local business
20 Truman St Ste 101, Irvine, CA 92620
(949) 654-0456  
Thoerner & Toma Write review for this local business
1130 Roosevelt, Irvine, CA 92620
(949) 863-9900  
Zaldivar and Associates Write review for this local business
20 Truman St Ste 212, Irvine, CA 92620
(949) 553-0780  
L & M Bookkeeping Service Write review for this local business
296 Hayes, Irvine, CA 92620
(949) 551-6916  
R Harry Steele CPA Write review for this local business
3 Aberdeen St, Irvine, CA 92620
(949) 336-7744  
Li Jennie CPA Write review for this local business
780 Roosevelt, Irvine, CA 92620
(949) 491-8360  
Kramer & Olsen Accountancy Corporation Write review for this local business
2010 N Tustin Ave, Santa Ana, CA 92705
(714) 558-3236  
Perez Jairo Tax & Accounting Write review for this local business
1432 E 17th St, Santa Ana, CA 92705
(714) 543-8551  
Utria Offices Write review for this local business
1905 E 17th St Ste 217, Santa Ana, CA 92705
(714) 542-0828  

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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