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Accountant Terms


  > Base Adjustment
Adjustments made to the initial base level budget to reflect total base level funding available to the agency. The list of acceptable base level technical and policy adjustments are included in the biennial budget instructions. Adjustments are generally made on a technical or policy basis. Examples of technical adjustments are one-time appropriations and program sunsets. Examples of policy adjustments are salary increases and space rental changes.
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  > Net Income
Gross income less expenses; it represents a business's profit for a given year.
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  > Accrual Method Of Accounting
Accounts for income and expenses in the 12-month period earned or incurred, which is not necessarily when it is received or paid.
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Contact our Kansas City Accountants


If you live in the following cities and need an accountant, you should contact our Kansas City Accountants as soon as possible:

  • Arnold
  • Ballwin
  • Belton
  • Blue Springs
  • Cape Girardeau
  • Chesterfield
  • Columbia
  • Fenton
  • Florissant
  • Grandview
  • Independence
  • Jefferson City
  • Joplin
  • Kansas City
  • Lebanon
  • Liberty
  • O Fallon
  • Poplar Bluff
  • Rolla
  • Saint Charles
  • Saint Louis
  • Saint Peters
  • Sedalia
  • Sikeston
  • Springfield
       
 
Did You Know?    
 
 
You may need an accountant.
An accountant is a person who tracks the income and assets of businesses over time. Accountants engage in a wide variety of activities besides preparing financial statements and recording business transactions, participating in strategies for mergers and acquisitions, quality management, developing and using information systems to track financial performance, tax strategy, and health care benefits management.
 
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Latest News
  Latest accountant news in Kansas City and nationwide:

Jan 15, 2007 - Accounting Periods When Preparing A Statement Of Income
When preparing a statement of income and expenses (generally your income tax return), you must use your books and records ...
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Jan 19, 2006 - Texas CPA Exam, Grad Gets Top National CPA Score
Austin, Texas – A May 2002 PPA program graduate of the McCombs School of Business at the University of Texas at Austin has...
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