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Accountancy

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    Accountancy vocabulary in Brazil
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  • Accounting Firm
    A group of accounting professionals that provides clients with financial management services.
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  • Taxes
    A tax is a mandatory payment or charge collected by local, state, and national governments from individuals or businesses.
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  • Audit
    An official inspection of an individual's or organization's accounts, typically by an independent body.
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  • Assurance services
    A common validation service offered by accounting and finance professionals, which ensure the calculations behind a review are valid.
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  • Financial statements
    Are the balance sheet, the income statement, and the cash flow statement.
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  • Finances
    The management of large amounts of money, especially by governments or large companies.
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  • IRS - Internal Revenue Service
    Is the U.S. federal agency that oversees the collection of taxes—primarily income taxes—and the enforcement of tax laws.
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  • Tax accounting
    A structure of accounting methods focused on taxes rather than the appearance of public financial statements.
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  • Interest rate
    The proportion of a loan that is charged as interest to the borrower, typically expressed as an annual percentage of the loan outstanding.
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