General accounting

General accounting

Use this category for general accounting terms.

Industry: Accounting

Add a new term

Contributors in General accounting

Become a Contributors

General accounting

Arbitrage

Accounting; General accounting

Taking advantage of countervailing prices in different markets by the purchase or sale of an instrument and simultaneous taking of an equal and opposite position in a related market to profit from ...

Balance of payments

Accounting; General accounting

A record of transactions with the rest of the world over a particular time period. These include merchandise, services and capital flows.

Account

Accounting; General accounting

Record of all transactions. It can be a bank account.

Annual report

Accounting; General accounting

A document produced each year by limited liability companies containing the accounting information required by law. Larger companies also provide information and pictures of the activities of the ...

Amortisation

Accounting; General accounting

Systematic reduction of the asset's carrying value on the books. Expense that applies to intangibles in the same way depreciation applies to plant assets and depletion to natural resources.