accounting method
Definition
Set of rules to determine when and how income and expenses are recorded. The two most common methods are accrual method and cash method.
accounting method is in the Accounting & Auditing and Banking, Commerce & Finance subjects.
accounting method appears in the definitions of the following terms:
external statement,
First-in, last-out (FILO),
consistency principle,
accounting procedure,
reducing balance,
accounting concepts,
comparability analysis,
accounting change,
split depreciation,
direct cost approach
and
accounting method appears in these other term: change in accounting method
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