loss accounting
21Data loss — is an error condition in information systems in which information is destroyed by failures or neglect in storage, transmission, or processing. Information systems implement backup and disaster recovery equipment and processes to prevent data loss …
22proper accounting records — Accounting records that are sufficient to show and explain an organization s transactions. For a company, the Companies Act requires that these records should be able to disclose with reasonable accuracy, at any time, the financial position of… …
23proper accounting records — Accounting records that are sufficient to show and explain an organization s transactions. For a company, the Companies Act requires that these records should be able to disclose with reasonable accuracy, at any time, the financial position of… …
24paper loss — (Accounting) unrealized loss (only appearing in the financial books) due to the decrease in value of a property or security in comparison with its purchase price …
25profit and loss — accounting made of total monies made and lost …
26profit and loss account — accounting made of total monies made and lost …
27Mark-to-market accounting — Accountancy Key concepts Accountant · Accounting period · Bookkeeping · Cash and accrual basis · Cash flow management · Chart of accounts  …
28Constant purchasing power accounting — Accountancy Key concepts Accountant · Accounting period · Bookkeeping · Cash and accrual basis · Cash flow management · Chart of accounts  …
29Hedge 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… …
30Partnership accounting — When two or more individuals engage in an enterprise as co owners, the organization is known as a partnership. This form of organization is popular among personal service enterprises, as well as in the legal and public accounting professions. The …
