- Industry: Government; Labor
- Number of terms: 77176
- Number of blossaries: 0
- Company Profile:
A professional who devises and installs special accounting systems and related procedures in establishment which cannot use standardized system. Responsibilities include:
* Conducts survey of operations to ascertain needs of establishment.
* Sets up classification of accounts and organizes accounting procedures and machine methods support.
* Devises forms and prepares manuals required to guide activities of bookkeeping and clerical personnel who post data and keep records.
* May adapt conventional accounting and recordkeeping functions to machine accounting processes and be designated Accountant, Machine Processing.
Industry:Professional careers
A professional who directs activities of personnel engaged in recording deeds and similar legal instruments, keeping records of county or municipal accounts, compiling and transmitting fiscal records to appropriate state officials, preparing financial statements of county or municipal finances for publication in local newspaper, and auditing books of city or county offices and departments. May be designated according to jurisdiction as City Auditor; County Auditor. In smaller communities or counties, may personally discharge all duties of office.
Industry:Professional careers
A professional who conducts audits for management to assess effectiveness of controls, accuracy of financial records, and efficiency of operations. Responsibilities include:
* Examines records of departments and interviews workers to ensure recording of transactions and compliance with applicable laws and regulations.
* Inspects accounting systems to determine their efficiency and protective value.
* Reviews records pertaining to material assets, such as equipment and buildings, and staff to determine degree to which they are utilized.
* Analyzes data obtained for evidence of deficiencies in controls, duplication of effort, extravagance, fraud, or lack of compliance with laws, government regulations, and management policies or procedures.
* Prepares reports of findings and recommendations for management.
* May conduct special studies for management, such as those required to discover mechanics of detected fraud and to develop controls for fraud prevention.
* May audit employer business records for governmental agency to determine unemployment insurance premiums, liabilities, and employer compliance with state tax laws.
Industry:Professional careers
A professional who audits financial records to determine tax liability. Responsibilities include:
* Reviews information gathered from taxpayer, such as material assets, income, surpluses, liabilities, and expenditures to verify net worth or reported financial status and identify potential tax issues.
* Analyzes issues to determine nature, scope, and direction of investigation required.
* Develops and evaluates evidence of taxpayer finances to determine tax liability, using knowledge of interest and discount, annuities, valuation of stocks and bonds, sinking funds, and amortization valuation of depletable assets.
* Prepares written explanation of findings to notify taxpayer of tax liability.
* Advises taxpayer of appeal rights.
* May conduct on-site audits at taxpayer's place of business and be designated Field Auditor.
* May audit individuals and small businesses through correspondence or by summoning taxpayer to branch office for interview and be designated Office Auditor.
* May perform legal and accounting work in examination of records, tax returns, and related documents pertaining to tax settlement of decedent's estates and be designated Tax Analyst.
* May review most complicated taxpayer accounts and be designated Tax Examiner.
Industry:Professional careers
A professional who directs and coordinates activities of workers engaged in keeping complete books of tuition fees and other receipts for educational institution. Periodically reports receipts to board of trustees or other body ultimately responsible for financial condition of institution.
Industry:Professional careers
A professional who directs investigation of financial institutions for state or federal regulatory agency to enforce laws and regulations governing establishment, operation, and solvency of financial institutions. Responsibilities include:
* Schedules audits according to departmental policy, availability of personnel, and financial condition of institution.
* Evaluates examination reports to determine action required to protect solvency of institution and interests of shareholders and depositors.
* Confers with financial advisors and other regulatory officials to recommend or initiate action against banks failing to comply with laws and regulations.
* Confers with officials of financial institutions industry to exchange views and discuss issues.
* Reviews application for merger, acquisition, establishment of new institution, acceptance in Federal Reserve System, or other action, and evaluates results of investigations undertaken to determine whether such action is in public interest.
* Recommends acceptance or rejection of application on basis of findings.
Industry:Professional careers
A professional who conducts independent field audits and investigations of federal income tax returns to verify or amend tax liabilities. Responsibilities include:
* Examines selected tax returns to determine nature and extent of audits to be performed.
* Analyzes accounting books and records to determine appropriateness of accounting methods employed and compliance with statutory provisions.
* Investigates documents, financial transactions, operation methods, industry practices and such legal instruments as vouchers, leases, contracts, and wills, to develop information regarding inclusiveness of accounting records and tax returns.
* Confers with taxpayer or representative to explain issues involved and applicability of pertinent tax laws and regulations.
* Investigates and collects federal tax delinquencies (revenue officer ).
* Secures taxpayer's agreement to discharge tax assessment or submits contested determination to other administrative or judicial conferees for appeals hearings.
* May participate in informal appeals hearings on contested cases from other agents.
* May serve as member of regional appeals board to reexamine unresolved issues in terms of relevant laws and regulations and be designated Appellate Conferee.
Industry:Professional careers
A professional who examines and analyzes accounting records to determine financial status of establishment and prepares financial reports concerning operating procedures. Responsibilities include:
* Reviews data regarding material assets, net worth, liabilities, capital stock, surplus, income, and expenditures.
* Inspects items in books of original entry to determine if accepted accounting procedure was followed in recording transactions.
* Counts cash on hand, inspects notes receivable and payable, negotiable securities, and cancelled checks.
* Verifies journal and ledger entries of cash and check payments, purchases, expenses, and trial balances by examining and authenticating inventory items.
* Prepares reports for management concerning scope of audit, financial conditions found, and source and application of funds.
* May make recommendations regarding improving operations and financial position of company.
* May supervise and coordinate activities of auditors specializing in specific operations of establishments undergoing audit.
* May audit banks and financial institutions and be designated Bank Examiner.
* May examine company payroll and personnel records to determine worker's compensation coverage and be designated Payroll Auditor.
Industry:Professional careers
A professional who directs financial activities of organization or subdivision of organization. Responsibilities include:
* Prepares, using computer or calculator, or directs preparation of, reports which summarize and forecast company business activity and financial position in areas of income, expenses, and earnings, based on past, present, and expected operations.
* Directs determination of depreciation rates to apply to capital assets.
* Establishes, or recommends to management, major economic objectives and policies for company or subdivision.
* May manage accounting department.
* May direct preparation of budgets.
* May prepare reports required by regulatory agencies.
* May advise management on desirable operational adjustments due to tax code revisions.
* May arrange for audits of company accounts.
* May advise management about property and liability insurance coverage needed.
* May direct financial planning, procurement, and investment of funds for organization (treasurer ).
Industry:Professional careers
A professional who directs financial activities of organization or subdivision of organization. Responsibilities include:
* Prepares, using computer or calculator, or directs preparation of, reports which summarize and forecast company business activity and financial position in areas of income, expenses, and earnings, based on past, present, and expected operations.
* Directs determination of depreciation rates to apply to capital assets.
* Establishes, or recommends to management, major economic objectives and policies for company or subdivision.
* May manage accounting department.
* May direct preparation of budgets.
* May prepare reports required by regulatory agencies.
* May advise management on desirable operational adjustments due to tax code revisions.
* May arrange for audits of company accounts.
* May advise management about property and liability insurance coverage needed.
* May direct financial planning, procurement, and investment of funds for organization (treasurer ).
Industry:Professional careers
