2 Terms
Home > Industry/Domain > Accounting > Auditing
Auditing
The systematic review and examination of an individual's or organization’s accounting records to verify their accuracy.
Industry: Accounting
Add a new termContributors in Auditing
Auditing
realization covenant
Accounting; Auditing
Accounting concept that any change in the market value of an asset and liability is not recognized (see realization) as a profit or loss until the asset is sold or the liability is paid off ...
Earnings mangement
Accounting; Auditing
The intentional and deliberate manipulation of a company's profits in order to achieve a predetermined objective. Since stock prices are linked to a company's income, earnings management commonly ...
Creative accounting
Accounting; Auditing
The intentional and deliberate manipulation of a company's profits in order to achieve a predetermined objective. Since stock prices are linked to a company's income, creative accounting commonly ...
Income smoothing
Accounting; Auditing
The process of using accounting policies and processes to eliminate changes in a company's earnings between periods. This practise is pursued by companies seeking to manage earnings in order to ...
Standard
Accounting; Auditing
A unit of measurement that is officially used; an official rule used when producing sth
Inventory
Accounting; Auditing
A company's stock of unsold finished and unfinished products, raw materials and other goods used in production.
Intangible asset
Accounting; Auditing
An asset that is not physical in nature. Corporate intellectual property (items such as patents, trademarks, copyrights, business methodologies), goodwill and brand recognition are all common ...
