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.
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Term of the Day:
- MHC
It stands for modified historical cost; an enhanced version of historical cost (HC) where specific assets/ liabilities are recognized at current value to reflect changes… Read more
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