> Bookkeeping
The task of recording the amount, date, and source of all business revenues and expenses. Bookkeeping is essentially the starting point of the accounting process. Only with accurate bookkeeping numbers can meaningful accounting be
> Blue Book
This is the term commonly used to describe the Government Finance Officers Association publication Governmental Accounting, Auditing and Financial Reporting. Initially, the blue book was the authoritative source for GAAP for state and local governments.
While most people regard accounting as boring and tedious work, it's arguably the most important part of running a business. Nebraska 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 Nebraska, 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 Nebraska
Total Internal Revenue collections [2]
12,661,875
Corporation income tax [3]
2,215,906
Total [4,5]
10,242,346
Income tax not withheld and SECA tax [4,5]
2,043,186
Induvidual income emploment taxes withheld and FICA tax [4]
7,329,390
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 Nebraska 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 Nebraska 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 Nebraska Accountants may help you with include:
Auditing
General Accounting
Business Matters
Financial Planning
Mergers and Acquisitions
Contact our Nebraska Accountants
If you live in the following cities and need an accountant, you should contact our Nebraska Accountants as soon as possible:
Alliance
Beatrice
Bellevue
Blair
Columbus
Fremont
Gering
Grand Island
Hastings
Kearney
La Vista
Lexington
Lincoln
Norfolk
North Platte
Omaha
Papillion
Plattsmouth
Scottsbluff
South Sioux City
Did You Know?
You may want to hire one of the top accounting firms.
Some of the top accounting firms include KPMG/Peat Marwick, Ernst and Young, Arthur Andersen and Price WaterhouseCoopers amoung others.
Nebraska 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
Nebraska External Sites
Nebraska Board of Public Accountancy - Home
Steps to Becoming a Certified Public Accountant in Nebraska. Successful completion of the CPA Exam is the beginning of the process. ... Nebraska Board of Public Accountancy - Home
Kate King Wu, CPA - University of Nebraska Omaha, Omaha, Nebraska 11/05/04 to 09/20/08 ... Administer a Certified Public Accountant (CPA) examination
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Latest News
Latest accountant news in Nebraska and nationwide:
Jul 14, 2006 - Lt. Governor Denish To Swear In New Accountants
Albuquerque—The Regulation and Licensing Department’s Public Accountancy Board membersand special guest Lt. Governor ... Read more >
Legal Disclaimers The information provided on Accountants Nebraska.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?
Nebraska Board of Public Accountancy - Home