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practice of accounting, and education is often necessary. Accounting education may include a series of workshops, a single class, a course or a program and is aimed at the task of learning and achieving knowledge of aspects of accounting.

Online accounting:

Accounting classes can be taken online through online schools. Accounting can also be practiced online through educational accounting simulations or real life online applications. Online accounting makes use of the internet to learn, practice and engage in accounting via world wide web resources.

Accounting training:

New jobs and careers in accounting may require one to retrain despite an existing knowledge of accounting. For example, a company may use a different accounting software and/or accounting record-keeping system making the need to train necessary. Accounting training may be provided by colleagues or professional trainers.

CPA review:

Certified Public Accountants (CPA's) must pass an accounting examination to achieve licensure. CPA review helps examinees prepare for the CPA exam with greater confidence and knowledge. CPA review may also involve study of previous CPA exams and specific content requirements recommended by the American Institute of Certified Public Accountants (AICPA).

Nonprofit accounting:

When a business is non-profit it is not allowed to retain earnings as profit. This can have a considerable impact on the financial accounting and record-keeping practices of a non-profit organization. Additionally, non-profit businesses are subject to different accounting practices than for profit companies.

Sarbanes-Oxley compliance:

The Sarbanes-Oxley Act of 2002 is a U.S. legislated system of accounting that institutes stronger accountability toward accurate financial reporting by public companies. It also aims to reduce accounting fraud through stronger audit mechanisms, penalties, and greater executive affiliation with the accounting process.

Financial Reporting:

Companies that pay taxes, have shareholders, boards of directors and managers utilize financial reporting as a means of analyzing, organizing and complying with accounting regulations. Financial reporting helps a company and its owners measure financial performance and allow tax authorities to assess corporate observance of tax law.

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