Most Recent Articles from A Dictionary of Accounting

• acceptance credit 

  acceptance credit A means of financing the sale of goods, particularly in international trade. It involves a commercial bank or merchant bank...

  01/01/99 by R. HUSSEY · More from publication

• accounting policies 

  accounting policies The specific accounting bases adopted and consistently followed by an organization in the preparation of its financial...

  01/01/99 by R. HUSSEY · More from publication

• accrued income 

  accrued income (accrued revenue) Income that has been earned during an accounting period but not received by the end of it. Accrued income is...

  01/01/99 by R. HUSSEY · More from publication

• adverse opinion 

  adverse opinion An opinion expressed by an auditor in an audit report to the effect that the financial statements do not give a true and fair...

  01/01/99 by R. HUSSEY · More from publication

• analytical review 

  analytical review An audit test designed to provide evidence of the completeness, accuracy, and validity of financial accounts and statements....

  01/01/99 by R. HUSSEY · More from publication

• apportionment 

  apportionment (cost apportionment) Charging a proportion of a cost to a cost centre or cost unit because the cost centres or cost units are...

  01/01/99 by R. HUSSEY · More from publication

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