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Accounting

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March 21, 2020

Accounting

Accounting is the language of business, everywhere, worldwide. It is the means by which virtually every business communicates information about its operations, irrespective of size, scale, objectives, mission, etc. The various operations and activities of a business are reported in its financial statements using the techniques and tools of accounting. This section provides a vast array of definitions, concepts, guidelines, tutorials, etc., all in relation to accounting (or accountancy at large).

Accounting alphabetical:

Browse accounting terms, concepts, and definitions, by letter, all alphabetically ordered for your convenience.

You may suggest a term, click here

Term of the Day:
  • TFO
    It stands for true and fair override; a provision/ condition (embedded in accounting standards) that calls for departure from the requirements of a specific standard… Read more


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