events accounting — A method of accounting in which data is stored and reported in respect of particular events rather than being classified chronologically or in any other way … Accounting dictionary
Accounting (UIL) — Accounting is one of several academic events sanctioned by the University Interscholastic League. The contest began in the 1986 87 scholastic year.Accounting is designed to test students understanding of general accounting principles and… … 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 methods — Cash basisCash basis accounting is a method of bookkeeping that records financial events based on cash flows and cash position. Revenue is recognized when cash is received and expense is recognized when cash is paid. In cash basis accounting,… … Wikipedia
Accounting Cycle — The name given to the collective process of recording and processing the accounting events of a company. The series of steps begin when a transaction occurs and end with its inclusion in the financial statements. The nine steps of the accounting… … Investment dictionary
Accounting Event — A transaction or change recognized on the financial statements of an accounting entity. Accounting events can be either external or internal. An external transaction would occur with an outside party, such as the purchase or sales of a good. An… … Investment dictionary
accounting system — The system designed to record the accounting transactions and events of a business and account for them in a way that complies with its policies and procedures. The basic elements of the accounting system are concerned with collecting, recording … Accounting dictionary
accounting — noun /əˈkaʊntɪŋ/ a) The development and use of a system for recording and analyzing the financial transactions and financial status of a business or other organization. He was required to give a thorough accounting of his time … Wiktionary
accounting event — A transaction or change (internal or external) recognized by the accounting recording system. Events are recorded as debit and credit entries. For example, when a sale is made for cash the double entry for the sales transaction would be debit… … Accounting dictionary
accounting event — A transaction or change (internal or external) recognized by the accounting recording system. Events are recorded as debit and credit entries. For example, when a sale is made for cash the double entry for the sales transaction would be debit… … Big dictionary of business and management
adjusting events — Events that occur between a balance sheet date and the date on which financial statements are approved, providing additional evidence of conditions existing at the balance sheet date. For example, a valuation of a property held at the balance… … Big dictionary of business and management