Association of Latino Professionals In Finance and Accounting ALPFA


DEFINITION of 'Association of Latino Professionals In Finance and Accounting ALPFA'

A not-for-profit organization created to enhance opportunities for Latino persons in the financial, accounting and related fields. The ALPFA helps by offering scholarships, promoting job fairs, instigating networking events, etc. They also offer mentoring and workshops to give their members the tools necessary to compete in today's workforce.

BREAKING DOWN 'Association of Latino Professionals In Finance and Accounting ALPFA'

The organization is built on a very structured foundation which began with the American Association of Hispanic Certified Public Accountants. They set out specific goals to be met, as well as outline how their progress is to be measured and assessed. Their data shows that the number of successful Latinos in all areas of the financial field has increased since the foundation began.

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  1. Does working capital include salaries?

    A company accrues unpaid salaries on its balance sheet as part of accounts payable, which is a current liability account, ... Read Full Answer >>
  2. What is a profit and loss (P&L) statement and why do companies publish them?

    A profit and loss (P&L) statement, or balance sheet, is essentially a snapshot of a company's financial activity for ... Read Full Answer >>
  3. How do dividends affect the balance sheet?

    Dividends paid in cash affect a company's balance sheet by decreasing the company's cash account on the asset side and decreasing ... Read Full Answer >>
  4. Are dividends considered an expense?

    Cash or stock dividends distributed to shareholders are not considered an expense on a company's income statement. Stock ... Read Full Answer >>
  5. Do dividends go on the balance sheet?

    The only account recorded on the balance sheet, when dividends are declared and before they are paid out to a company's shareholders, ... Read Full Answer >>
  6. What are some examples of general and administrative expenses?

    In accounting, general and administrative expenses represent the necessary costs to maintain a company's daily operations ... Read Full Answer >>

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