Phil greb has a thriving practice in which he assists attorneys in preparing litigation dealing with accounting and auditing matters. he is ""practicing public accounting"" if he uses his CPA designation on his letterhead and business card.
Accounting, also called bookkeeping, is the measurement, processing, and transmission of financial and non-financial information about economic entities such as businesses and enterprises.
1: A system for recording and summarizing business and financial transactions and analyzing, verifying and reporting the results: The principles and procedures of this system I learned accounting as a freshman.
2a: accounting or accountant work.
Definition of Accounting is the process of systematically recording and maintaining financial accounts. Creating an income statement is an example of accounting. noun.
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