This reference text, designed for anyone involved in accounting, includes several descriptive chapters followed by an extensive dictionary containing some 2,500 accounting terms and their definitions. The third edition has been updated to include the latest tax laws and accounting information. New to the third edition are definitions of professional designations in the dictionary, plus an expansion of the chapter on auditing to include internal control, fraud, forensic accounting, internal auditing, assurance services, and control assessment. Annotation c. Book News, Inc., Portland, OR (booknews.com)
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Updated to reflect the latest tax laws, this comprehensive reference book presents descriptions and examples covering financial and cost accounting, business and individual tax preparation, computer applications of accounting, quantitative accounting methods, auditing, personal financial planning, and governmental and nonprofit accounting. A lengthy dictionary section presents more than 2,500 accounting terms and definitions. New in this edition are definitions of professional designations, and an expansion of the "Auditing" chapter with discussions of internal control, fraud, forensic accounting, internal auditing, assurance services, and control assessment.
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