Accounting function definition

Accounting function means the methods and procedures, be they manual or automated, used by a state agency to record, summarize, and report its financial transactions.

Examples of Accounting function in a sentence

  • Section 2: It is understood that inventory-taking is an Accounting function and that Accounting Department employees must be free to perform any activities in connection therewith.

  • As such, the Executive shall be responsible for directing and managing the corporate Accounting function subject to the authority of the Chief Executive Officer of Globecomm Systems.

  • During the period that TNC performs the General Ledger Accounting function for a TNT business unit or subsidiary, the following items will be allocated based on a ratio of the salaries of TNT employees in the unit or subsidiary accounted for to total salaries of all TNT/TNC employees in units accounted for: Computer Maintenance, MIS Depreciation, and Agency Accounting Department Costs (excluding payroll department).

  • At present, these metrics for the Executive include the (i) TTEC-wide results of operations; (ii) targets specific to the Finance and Accounting function of TTEC parent, including the annual budget and the management plan; (iii) the Executive’s individual performance against targets set out by the CEO; and (iv) the Executive’s compliance with the guidelines for TTEC employees’ conduct outlined in TTEC’s Ethics Code.

  • All aspects of the Accounting function of Cayman Water Company Limited (CWC) - including the preparation of monthly, quarterly and annual financial statements for presentation to the Board of Directors (BOD) and for annual statutory and other audits.