Across
- 1. AUDITING - An in-house review of financial procedures and controls to prevent errors
- 3. - The chief accounting executive in charge of a company's financial records
- 5. - Bringing financial records together into concise financial statements
- 7. - A professional trained to keep and inspect financial records
- 11. ACCOUNTING - Investigating financial records to uncover fraud or legal violations
- 15. - A business co-owned by two or more individuals
- 16. - Explaining the meaning and significance of financial statement data
- 17. - Standardized rules and principles used for financial reporting in the US
- 19. - The process of inspecting financial accounts to ensure accuracy and honesty
- 20. - Looking at financial data to identify trends, patterns, and problems
- 21. - Grouping similar financial items together into categories
- 22. - Communicating financial statements and results to decision-makers
- 23. ACCOUNTING - Preparing tax returns and planning strategies to comply with tax laws
Down
- 2. - Entering daily financial transactions into journals or software
- 4. BUSINESS - A business that sells activities or skills rather than physical goods
- 6. BUSINESS - A company that buys raw materials and transforms them into new products
- 8. - The process of governments collecting money from individuals and businesses
- 9. - A business entity legally separate from its owners with stock shares
- 10. BUSINESS - A business that buys finished goods and resells them for a profit
- 12. PROPRIETORSHIP - A business owned and operated by one single individual
- 13. - Creating a plan for how money will be spent over a specific period
- 14. - The system of recording, classifying, summarizing, and reporting financial data
- 18. ACCOUNTING - Preparing external financial reports for investors, banks, and regulators
- 21. ACCOUNTING - Calculating the specific costs involved in producing goods or services