Accounting Temp Agencies Key Terms
Terms you might find as you review accounting temp agencies
Accounting temp agencies can help you find the best accountant for your business. This specialized profession has many aspects that some small to medium-sized businesses may not understand. For that reason, enlisting a temp agency to find a qualified professional is a great way to ensure a quick placement. A temp agency will have an extensive database of qualified candidates, should be bonded and insured, and will have screened the most qualified person for your opening. Accounting professionals specialize in a number of financial areas of expertise and a temp agency can help you find just the right candidate for your opening.
Public accounting
Public accounting is the term used to describe the profession of accounting. Public accountants provide a wide variety of services, including such things as auditing financial statements, providing advisory services, designing accounting systems and tax preparation. Accounting temp agencies recruit public accountants and can provide them to businesses.
Try: All Business.com defines this term for you.
Accounts payable
Accounts payable refers to the money that a business owes to its suppliers but has not yet paid and is a form of debt. Accounting temp agencies can provide accountants that are familiar with and can help manage a business's accounts payable.
Try: There is a good definition of this term at HJ Ventures International.
Treasury
Treasury is the term for one of the functions within a company's financial operations and is responsible for issuing new securities. Accounting temp agencies can furnish accountants that are able to work in the treasury department of a company.
Try: InvestorWords.com has a brief description.
Audit
Audit is a function or department within financial operations in a company that is responsible for assessing the financial statements of a company. Audits are performed by independent accountants, who can then issue an auditor's report. Accounting temp agencies can supply accountants who are capable of conducting audits for a company.
Try: Go to BusinessDictionary.com for more information.
Background check
Because of the nature of sensitive information that an accountant has access to, accounting temp agencies will do a background check on the accountant before recommending them for a position. The background check will include a review of the criminal records, commercial records and financial records of the individual.
Try: See this process described at EmployeeIssues.com.
Temp-to-hire
Temp-to-hire is the process of converting a temporary employee to permanent status. Sometimes referred to as "try before you buy," it allows the employer to convert the employee if they find them to be satisfactory. Many accounting temp agencies offer this and understand the need for doing so.
Try: Crain Communications discusses this process.
CPA, Certified Public Accountant
Accountants that have successfully passed several examinations and met their state's certification requirements earn the right to call themselves Certified Public Accountants.
Try: Learn the difference between a CPA and a public accountant at the New York State Education Department's Office of the Professions.
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