General accounting

General accounting

Use this category for general accounting terms.

Industry: Accounting

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General accounting

Goodwill

Accounting; General accounting

An intangible asset of a business that is created from favourable fators such as location, product quality, reputation, and managerial skill, as verified from a merger transaction.

Net earnings per share

Accounting; General accounting

The portion of a company's profit allocated to each outstanding share of common stock. Earnings per share serves as an indicator of a company's profitability.

Critical mass

Accounting; General accounting

The revenue level at which a company can become largely self-sufficient in resources for continued viability, vitality, and growth.

To facilitate tax collection, some countries have laws requiring all sellers of goods and services to use cash register software that meets certain requirements. Tills equipped with such software are ...