Common terms used in accounting

    • [PDF File]Discussion Paper: Business Combinations under Common …

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      terms defined in this Discussion Paper. Defined terms are in bold type the first time they appear in each section. Why is the Board publishing this Discussion Paper? IN1 The International Accounting Standards Board (Board) is undertaking a research project on business combinations under common control —combinations in which all of the combining


    • [PDF File]Glossary of Accounting Terms - El Paso CPA & Tax Firm

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      Accounting Standards Board) General Journal: (GJ) A book or original entry in a double-entry system. The journal lists transactions and indicated accounts to which they are posted. The general journal includes all transactions which aren't included in specialized journals used for cash receipts, cash disbursements, and other common transactions.


    • [PDF File]Glossary of Budget Terms - California

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      Finance Glossary of Accounting . and Budgeting Terms . The following terms are used frequently throughout the Governor’s Budget, the Governor’s Budget Summary, the annual Budget (Appropriations) Bill, the Enacted Budget, and other documents . Definitions are provided for terms that are common to many of these publications.


    • [PDF File]GAO-05-734SP A Glossary of Terms Used in the Federal ...

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      Dec 12, 1985 · The Glossary is by no means an exhaustive list of terms related to the budget. We decided to include only those commonly used terms that are most significant in the congressional and executive budget processes. Executive, legislative, and other budget experts participated in the selections and definitions of the Glossary terms.


    • [PDF File]Accounting Basics

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      accounting equation. Deferred revenues are one of these. Under the accrual method, these costs are reported on the income statement when they have been used up in the process of earning revenues. This term indicates the left side of a general ledger account. It is also the normal balance for asset, expense, and loss accounts.


    • [PDF File]IFRS Viewpoint 4 - Common Control Business Combinations

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      Terms such as ‘pooling of interests’, ‘merger accounting’ and ‘carryover basis’ are used in some jurisdictions to describe specific applications of a predecessor value method. When such methods are prescribed in local GAAP they might be referred to in accordance with IAS 8’s principles for developing accounting policies.


    • [PDF File]A Roadmap to Common-Control Transactions - Deloitte

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      Accounting for Common-Control Transactions CC.1 Overview and Scope CC.1.1 Overview of Common-Control Transactions A common-control transaction is a transfer of net assets or an exchange of equity interests between entities under the control of the same parent. A common-control transaction is similar to a business


    • [PDF File]1. Investigate Common Uses for Spreadsheets

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      The three most common general uses for spreadsheet software are to create budgets, produce graphs and charts, and for storing and sorting data. Within business spreadsheet software is used to forecast future performance, calculate tax, completing basic payroll, producing charts and calculating revenues. ...


    • [PDF File]Fair Value Measurement (Topic 820)

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      FASB Accounting Standards Codification® Introduction 1. The Accounting Standards Codification is amended as described in paragraphs 2–9. In some cases, to put the change in context, not only are the amended paragraphs shown but also the preceding and following paragraphs. Terms from the Master Glossary are in bold type. Added text is ...


    • [PDF File]GLOSSARY OF ACQUISITION TERMS

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      A document used to facilitate acquisition planning. a. It must address all the technical, business, management, and other considerations that will control the acquisition. b. It must identify those milestones at which decisions should be made. c. Specific content will vary, depending on the nature, circumstances, and stage of the acquisition. d.


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