Accounting reform — is an expansion to accounting rules that goes beyond the realm of financial measures for both individual economic entities and national economies. It is advocated by those who consider the focus of the present standards and practices wholly… … Wikipedia
accounting — /euh kown ting/, n. 1. the theory and system of setting up, maintaining, and auditing the books of a firm; art of analyzing the financial position and operating results of a business house from a study of its sales, purchases, overhead, etc.… … Universalium
Accounting identity — In finance and economics, an accounting identity is an equality that must be true regardless of the value of its variables, or a statement that by definition (or construction) must be true. [ Principles of Macroeconomics , Mankiw et al., pp. 211… … Wikipedia
Measurement uncertainty — In metrology, measurement uncertainty is a non negative parameter characterizing the dispersion of the values attributed to a measured quantity. The uncertainty has a probabilistic basis and reflects incomplete knowledge of the quantity. All… … Wikipedia
Measurement — For bust/waist/hip measurement, see BWH. A typical tape measure with both metric and US units and two US pennies for comparison Measurement is the process or the result of determining the ratio of a physical quantity, such as a length, time,… … Wikipedia
accounting standard — A definitive standard for financial accounting and reporting established in the form of a Statement of Standard Accounting Practice (SSAP) issued by the Accounting Standards Committee or, since 1990, a Financial Reporting Standard (FRS) issued by … Accounting dictionary
accounting — Synonyms and related words: account, account rendered, accountancy, acta, analysis, annual, audit, auditing, automatic electronic navigation, bookkeeping, braking, brief, bulletin, census, census report, computation, coordination, cost accounting … Moby Thesaurus
Accounting Policies — The specific policies and procedures used by a company to prepare its financial statements. These include any methods, measurement systems and procedures for presenting disclosures. Accounting policies differ from accounting principles in that… … Investment dictionary
accounting standard — Rules and guidance on accounting practice. Along with legislation and custom, accounting standards are the foundation of *Generally Accepted Accounting Principles. In recent years, the term accounting standard has been largely superseded by… … Auditor's dictionary
accounting — The process of identifying, measuring, recording, and communicating economic transactions. Measurement is normally made in monetary terms and the accountant will prepare records in the form of financial statements, such as a profit and loss… … Accounting dictionary
