Define: Accountant

UK Accounting Glossary

Definition: Accountant


Quick Summary of Accountant


A practitioner of ACCOUNTING as a profession after having attained a level of financial knowledge. A person whose work is to inspect, keep and adjust accounts.



What is the dictionary definition of Accountant?

Dictionary Definition


A person whose job is to keep or inspect financial accounts.

  1. One who renders account; one accountable.
  2. A reckoner, or someone who maintains financial matters for a person(s).
  3. accounting One who is skilled in, keeps, or adjusts, accounts; an officer in a public office, who has charge of the accounts.
  4. One whose profession includes organizing, maintaining and auditing the records of another. The records are usually, but not always, financial records.

Advertisement



Full Definition of Accountant


An accountant provides accounting services to individuals, businesses, non-profit organizations, and governmental entities.

Because accounting services range widely, an accountant is likely to specialize in a specific field. A cost accountant records and analyzes the costs associated with production. A forensic accountant provides analytical and investigative skills in legal proceedings. A tax accountant assists in the preparation of tax returns and in devising tax strategies. An auditor is an accountant who tests the accuracy, integrity, and fairness of financial statements through various accounting tests. There are no specific requirements to become an accountant or to call oneself an accountant. Nevertheless, most accountants will have a four-year college degree. Moreover, an accountant who has met certain education requirements can try to become a Certified Public Accountant (CPA), an accountant who is licensed by state boards of accountancy to express an opinion on company financial statements. To become a Certified Public Accountant, an accountant must pass a rigorous exam and work as an auditor in a CPA firm for an extended period, often two years.


Advertisement




Cite Term


To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

Page URL
https://payrollheaven.com/define/accountant/
Modern Language Association (MLA):
Accountant. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. April 04, 2020 https://payrollheaven.com/define/accountant/.
Chicago Manual of Style (CMS):
Accountant. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. https://payrollheaven.com/define/accountant/ (accessed: April 04, 2020).
American Psychological Association (APA):
Accountant. PayrollHeaven.com. Retrieved April 04, 2020, from PayrollHeaven.com website: https://payrollheaven.com/define/accountant/

Definition Sources


Definitions for Accountant are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 15th February, 2020