> Accounting
term that refers to the overall process of tracking your business's income and expenses, and then using these numbers in various calculations and formulas to answer specific questions about the financial and tax status of the business.
While most people regard accounting as boring and tedious work, it's arguably the most important part of running a business. Iowa accountants keep track of what money is coming in and what money is going out. But if your company gets stuck with a disgruntled or corrupt employee, you can find that the business could be owing money to the government and that it's in worse financial shape than it is on paper. With the help of an accounting professional in Iowa, you could straighten everything out quickly.
[2] Excludes excise taxes collected,[3] Includes tax-exempt organization,[4] Collections of tax (withheld and not withheld) [5] Includes estimated tax. [Money amounts are in thousands of dollars] in Iowa
Total Internal Revenue collections [2]
14,646,316
Corporation income tax [3]
1,444,600
Total [4,5]
12,883,283
Income tax not withheld and SECA tax [4,5]
2,895,449
Induvidual income emploment taxes withheld and FICA tax [4]
9,924,384
Source: Internal Revenue Gross Collections, by State, Fiscal Year 2001
Accountants are responsible for a wide variety of duties. They make sure that a company is run efficiently, that records are kept accurately and that taxes are paid on time. Generally, accountants will prepare, analyze and verify financial documents.
There are four types of Iowa accountants:
Public Accountants
Management Accountants
Government Accountants
Internal Accountants
Each accountant specializes in one particular field to provide specialized services for a company or for private clients. Their expertise is especially important at large public companies who are forced to disclose their financial status to investors or the Securities and Exchange Commission. But if the government discovers discrepancies in a company's financial records, the company and its executives could be in some big trouble: They could face hefty fines and jail time.
Our Iowa Accountants can guide you through many circumstances arising from starting your own business and also assist you with all of your tax questions.
Some typical issues Iowa Accountants may help you with include:
Auditing
General Accounting
Business Matters
Financial Planning
Mergers and Acquisitions
Contact our Iowa Accountants
If you live in the following cities and need an accountant, you should contact our Iowa Accountants as soon as possible:
Ames
Ankeny
Bettendorf
Burlington
Cedar Falls
Cedar Rapids
Clinton
Council Bluffs
Davenport
Des Moines
Dubuque
Fort Dodge
Iowa City
Marion
Marshalltown
Mason City
Muscatine
Newton
Ottumwa
Sioux City
Urbandale
Waterloo
West Des Moines
Did You Know?
There are different types of accountants.
Accountants specialize in a variety of fields including, but not limited to, audit, budget analysis, financial, management and tax accounting.
Iowa Audio & Video
Accounting Standards
Audio, RM, 32 Kbps, 3:30, 1/16/2002
Bob Edwards talks with Chuck Landes, Director of Audit and Attest Standards at the American Institute of Certified Public Accountants. Source: National Public Radio
Iowa External Sites
Iowa Department of Administrative Services (DAS) Job De
Accountant 4 - 00315 · Accounting Clerk 1 - 00305 · Accounting Clerk 2- 00306, 90306 ... Iowa Finance Authority - Comptroller - 00318 . Senior Utility Analyst - 00531, 10531
possession of a permit to practice as a Certified Public Accountant as issued by the Iowa Accountancy Board may be substituted for one year of the re
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Latest News
Latest accountant news in Iowa 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 ... Read more >
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... Read more >
Legal Disclaimers The information provided on Accountants Iowa.com is not intended to be accounting advice, but merely conveys
general information related to accounting issues commonly encountered.
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Corporate Accounting 
US Possessions tax credit, regardless of
Did You Know?
Iowa Department of Administrative Services (DAS) Job De