accounting rule
21Financial Accounting Standards Board — Das Financial Accounting Standards Board (FASB) ist ein us amerikanisches, privatrechtlich organisiertes Rechnungslegungsgremium.[1] Es hat die Zielsetzung festzulegen was United States Generally Accepted Accounting Principles (US GAAP) für… …
22Hedge Accounting — is an accountancy practice.Why is hedge accounting necessary?Many financial institutions and corporate businesses (entities) use derivative financial instruments to hedge their exposure to different risks (for example interest rate risk, foreign… …
23Taylor rule — The Taylor rule is a modern monetary policy rule proposed by economist John B. Taylor that stipulates how much the central bank should change the nominal interest rate in response to divergences of actual GDP from potential GDP and divergences of …
24Comparison 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… …
25Financial 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… …
26Public Company Accounting Reform and Investor Protection Act of 2002 — Sarbanes Oxley Act of 2002 / Sarbanes Oxley / SOX/ Sarbox / Public Company Accounting Reform and Investor Protection Act of 2002 A US statute which became law on 30 July 2002. The Act makes substantial changes to the regulation of the accounting… …
27golden rule — noun a) A fundamental rule or principle. It is all important to remember that naturalists have no golden rule by which to distinguish species and varieties. b) The principle that one should treat other people in the manner in which one would want …
28national income accounting — Set of principles and methods used to measure a country s income and production. There are two ways of measuring national economic activity: the expenditure approach, which measures the money value of the total output of goods and services in a… …
29Master-Servant Rule — A legal guideline stating that employers are responsible for the actions of their employees in many circumstances. If an employee acts negligently even if the employer was not aware that the employee was doing so the employer could face fines or… …
30Cohan rule — A federal court decision which allows taxpayers in certain situations to approximate expenses for tax deduction purposes when their records are missing. It cannot be used for travel and entertainment business expenses. Category: Business, LLCs &… …
