accounting for expenditure
1accounting — /euh kown ting/, n. 1. the theory and system of setting up, maintaining, and auditing the books of a firm; art of analyzing the financial position and operating results of a business house from a study of its sales, purchases, overhead, etc.… …
2expenditure — ex‧pen‧di‧ture [ɪkˈspendɪtʆə ǁ ər] noun [countable, uncountable] the total amount of money that a government, organization, or person spends during a particular period of time: • An advertiser rarely knows what its return on investment in… …
3accounting — I (New American Roget s College Thesaurus) Keeping of financial records Nouns 1. (act of accounting) accounting, accountance, accountancy, bookkeeping, audit, calculation (See numeration), commercial or business arithmetic; cost or managerial… …
4expenditure — The costs or expenses incurred by an organization. They may be capital expenditure or revenue expenditure. Although expenditure is usually incurred by an outlay of money, expenditure may also arise in accounting by the acknowledgment of a… …
5expenditure — The costs or expenses incurred by an organization. They may be capital expenditure or revenue expenditure Although expenditure is usually incurred by an outlay of money, expenditure may also arise in accounting by the acknowledgement of a… …
6Full cost accounting — (FCA) generally refers to the process of collecting and presenting information (costs as well as advantages) for each proposed alternative when a decision is necessary. A synonym, true cost accounting (TCA) is also often used. Experts consider… …
7capital expenditure — Expenditure on the company s long term asset. Financial Services Glossary * * * capital expenditure capital expenditure ➔ expenditure * * * Payment for the acquisition of a long term asset. Often known simply as Capex. * * * capital… …
8Double counting (accounting) — Double counting in accounting is an error whereby a transaction is counted more than once, for whatever reason. But in social accounting it also refers to a conceptual problem in social accounting practice, when the attempt is made to estimate… …
9Fund Accounting — is an accounting system often used by nonprofit organizations and by the public sector. OverviewBecause there is no personal profit motive for owners or members of nonprofit organizations and organizations in the public sector, such as… …
10Capital expenditure — Capital expenditures (CAPEX or capex) are expenditures creating future benefits. A capital expenditure is incurred when a business spends money either to buy fixed assets or to add to the value of an existing fixed asset with a useful life that… …
