loss accounting

  • 101realized profit-loss — A profit or loss that has arisen from a completed transaction (usually the sale of goods or services or other assets). In accounting terms, a profit is normally regarded as having been realized when an asset has been legally disposed of and not… …

    Big dictionary of business and management

  • 102profit and loss — noun the income and expenditure arising from commercial or other transactions, applied especially to an accounting statement for a business over a stated period. –profit and loss, adjective …

  • 103profit and loss statement — detailing of all money made or lost by a business during a set period (Accounting) …

    English contemporary dictionary

  • 104reserve accounting — The transfer of items directly to reserves, rather than through the profit and loss account. In certain instances this may be permitted, for example in making prior period adjustments …

    Accounting dictionary

  • 105United Kingdom company law — Beside the River Thames, the City of London is a global financial centre. Within the Square Mile, the London Stock Exchange lies at the heart of the United Kingdom s corporations. United Kingdom company law is the body of rules that concern… …

    Wikipedia

  • 106accumulated deficit — UK US noun [C, usually singular] (also accumulated loss) ACCOUNTING ► a loss that a company keeps in its accounts from one accounting period to the next and adds to a new loss or takes away from a profit : »The annual accounts show the company… …

    Financial and business terms

  • 107KER — kurzfristige Erfolgsrechnung EN short term income [profit and loss] accounting …

    Abkürzungen und Akronyme in der deutschsprachigen Presse Gebrauchtwagen

  • 108bottom line — fig. sense is attested from 1967, from profit and loss accounting, where the final figure after both are calculated is the bottom line on the page. Also (esp. as an adj.) bottomline …

    Etymology dictionary

  • 109p&l — p l (profit and loss) accounting made of total monies made and lost …

    English contemporary dictionary

  • 110auditing — ▪ accounting Introduction       examination of the records and reports of an enterprise by specialists other than those responsible for their preparation. Public auditing by independent, impartial accountants has acquired professional status and… …

    Universalium