accounting principles
111Governmental Accounting Standards Board — The Governmental Accounting Standards Board (GASB) is currently the source of generally accepted accounting principles (GAAP) used by State and Local governments in the United States of America. As with most of the entities involved in creating… …
112Depletion (accounting) — Depletion is an accounting concept used most often in mining, timber, petroleum, or other similar industries. The depletion deduction allows an owner or operator to account for the reduction of a product s reserves. Depletion is similar to… …
113Comparison of Cash Method and Accrual Method of accounting — A comparison of the two primary accounting methods (Cash method and Accrual method) used to calculate taxable income for U.S. Federal income taxes. According to the Internal Revenue Code, a taxpayer may compute taxable income under the following… …
114International Accounting Standards Board — (IASB) ist ein international besetztes unabhängiges Gremium von Rechnungslegungsexperten, das die International Financial Reporting Standards (IFRS) entwickelt und bei Bedarf überarbeitet. Die IFRS bestimmen die Grundsätze, nach denen… …
115International Accounting Standards Committee Foundation — Organigramm der IASC Foundation Die International Accounting Standards Committee Foundation (IASCF) ist eine gemeinnützige Stiftung. Ihre Zielsetzung ist es, hochwertige globale Rechnungslegungsstandards zu entwickeln, die Nutzung und Anwendung… …
116merger accounting — A method of accounting for a business combination. It may only be used when a business combination falls within the definition of a merger in Schedule 4A to the Companies Act 1985 and Financial Reporting Standard 6. A business combination meets… …
117Financial Accounting Standards Board (FASB) — 1. Charakterisierung: Als Reaktion auf die Weltwirtschaftskrise in den frühen 30er Jahren wurde in den USA durch den Securities Act von 1933 die Börsenaufsichtsbehörde ⇡ SEC gegründet. Diese hat u.a. die Aufgabe, Rechnungslegungsvorschriften für… …
118Financial Accounting Standards Board - FASB — A seven member independent board consisting of accounting professionals who establish and communicate standards of financial accounting and reporting in the United States. FASB standards, known as generally accepted accounting principles (GAAP),… …
119Sales (accounting) — In bookkeeping, accounting, and finance, Net sales are operating revenues earned by a company when it sells its products. Revenue (net sales) are reported directly on the income statement as Sales or Net sales. In financial ratios that use income …
120Committee on Accounting Procedure — The Committee on Accounting Procedure (CAP) was the first private sector organization that had the task of setting accounting standards in the United States. It was a committee run by the American Institute of Accountants (now known as the… …
