Dirty Surplus Accounting Dirty Surplus Accounting is the process of reporting income items as part of equity rather than in an income statement is known as dirty surplus ...
Accrual Accounting Convention Accrual Accounting Convention is an accounting system that tries to match the recognition of revenues earned with the expenses incurred in generating those revenues. It ignores the timing of the cash flows associated with revenues and expenses.
Accounting Insolvency Accounting insolvency means total liabilities exceed total assets. A firm with a negative net worth is insolvent on the books...
Accounting Software Accounting software is a type of general-purpose software that helps companies automate their accounting functions.
Accounting symbol Accounting symbol— combination of letters used in the message heading to identify the agency, service or activity which is financially accountable for the message.
Accounting classification Accounting classification— fiscal code number indicating in sequence the appropriation symbol, the allotment number, the project account number, the ...
Accounting system Accounting system is an organized approach to gathering, recording, analyzing, summarizing, and interpreting financial
Discounting Principle Discounting Principle is the tendency to attach less importance to one potential cause of some behavior when other potential causes are also
Lagged reserve accounting (LRA) Lagged reserve accounting (LRA) is an accounting system begun by the Federal Reserve in 1984 for calculating each potation and reserve
Discounting commercial notes Discounting commercial notes is the process of making to local merchants who use IOUs received from their customers as collateral to borrow from a bank.