Accounting for Certificate of Deposits?

Answer Buying a certificate of deposit from the local bank is a way to earn interest while keeping your money safe. The interest and principal on a bank CD are guaranteed up to $250,000 per account, so yo... Read More »

Top Q&A For: Accounting for Certificate of Deposits

What does TTEE mean for certificate of deposits?

On a certificate of deposit (CD) title, the term TTEE stands for trustee and typically appears beside the name of a person or organization. The trustee is the individual who has control of the fund... Read More »

What is an accounting certificate?

Certification says that you adhere to a high professional standard. The certified management accountant (CMA) and certified public accountant (CPA) are the two most recognized certifications.CPA ve... Read More »

How have computerized accounting systems such as Quickbooks changed the way accounting is done?

Technology has greatly improved the way companies have conducted business over the past several decades. One of the best technological improvements is computerized accounting software, which helps ... Read More »

Can Financial Accounting Decisons Be Made Without Management Accounting?

Financial and management accounting coexist well in many firms. Both types of accounting can be integrated with the advent of the enterprise resource planning software (ERP), which connects both sy... Read More »