accounting dictionary

... relationships. ACCOUNTING STANDARDS BOARD (ASB) makes, improves, amends and withdraws accounting standards. Many of ASBs specialize in the various fields or sectors of accounting. ACCOUNTING THEORY ... of accounting see accounting information as a good to be traded between rational agents each acting in their own self-interest. ACCOUNTING TIMING DIFFERENCE is the effect that a...

Ngày tải lên: 08/08/2013, 09:06

... conformity with Generally Accepted Accounting Principles (GAAP). In performing this accounting service, the accountant must conform to the AICPA Statements on Standards for Accounting and Review Services ... and reporting of economic events based upon the accounting equation for the purpose of decision making. Generally, when someone says " ;accounting& quot; they are referrin...

Ngày tải lên: 13/12/2013, 05:15

... Dictionary of Finantial and Business Terms Lico Reis – Consultoria & Línguas licoreis@terra.com.br 95 Naked ... underwriters' compensation, have been negotiated between the issuer and the underwriters. Dictionary of Finantial and Business Terms Lico Reis – Consultoria & Línguas licoreis@terra.com.br 94 Multinational ... variance of the expected return on the portfolio is lowe...

Ngày tải lên: 08/04/2014, 12:07

... or financial analysts. FINANCIAL ACCOUNTING is the area of accounting concerned with reporting financial information to interested external parties. FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) ... DECLINING BALANCE DEPRECIATION. DOUBLE-ENTRY ACCOUNTING is a system of recording transactions in a way that maintains the equality of the accounting equation. The accounting technique re...

Ngày tải lên: 21/06/2014, 18:20

... WARRANTY http://www.ventureline.com/glossary.asp 89 GENERAL ACCOUNTING involves the basic principles, concepts and accounting practice, recording, financial statement preparation, and the use of accounting information in management. GENERAL ACCOUNTING ... U.S. FORENSIC ACCOUNTING provides for an accounting analysis that is suitable to a court of law which will form the basis for d...

Ngày tải lên: 21/06/2014, 18:20

... and equity in joint ventures. JOURNAL, in accounting transactions, is where transactions are recorded as they occur. JOURNAL ENTRY is the beginning of the accounting cycle. Journal entries are the ... produce the desired profit. MATCHING, in accounting, is the matching of invoices to purchase orders and delivery notes prior to payment. MATCHING CONCEPT is the accounting principle that...

Ngày tải lên: 21/06/2014, 18:20

... A diversified portfolio contains a variety of investments. POSTIVE ACCOUNTING THEORY is where theorists tend to explain why some accounting practices are more popular than others (e.g., because ... etc. RESPONSIBILITY ACCOUNTING is the collection, summarization, and reporting of financial information about various decision centers throughout an organization; can also be called profitabi...

Ngày tải lên: 21/06/2014, 18:20

... accordance with generally accepted accounting standards. The AICPA auditing standards board formulates review standards for public companies while the AICPA Accounting and Review Services Committee ... consumer services offered to the general public. SERVICE CHARGE ACCOUNTING, in property management, is estate and property service charge accounting system that provides the mechanism fo...

Ngày tải lên: 21/06/2014, 18:20

... proof of a petty cash payment ACCOUNTING DICTIONARY 1 ACCOUNTING DICTIONARY A Account a record summarizing all the information pertaining to a single item in the accounting equation Account balance ... year ACCOUNTING DICTIONARY 3 C Capital the account used to summarize the owner’s equity in a business Capital stock total shares of ownership in a corporation Cash basis of accou...

Ngày tải lên: 10/07/2014, 20:36

... ‘vertical’ form. accounting accounting / ə | kaυntŋ / noun 1. the work of recording money paid, received, bor- rowed, or owed ć accounting methods ć accounting procedures ć an accounting machine ... which is received and spent cash accounting cash accounting / kʃ ə | kaυntŋ / noun 1. an accounting method in which receipts and expenses are recorded in the accounti...

Ngày tải lên: 22/08/2013, 13:08