Dictionary of Accounting

Front Cover
MIT Press, 1985 - Business & Economics - 162 pages

Over 200 new terms have been added to this second edition, bringing the total to over 1,300 definitions. Many of the original entries have been revised, and comprehensive coverage is provided for financial accounting, management accounting, taxation, auditing, social accounting, information systems, computers, financial analysis, reporting standards, and statistical methods. Among the new terms are accelerated cost recovery system (ACRS), "carve-out" accounting, debt defeasance, deep discount bonds, flat rate tax, Governmental Accounting Standards Board, junior stock, "push down" accounting, shelf registration, single audit concept, stripped bond, tax equity and fiscal responsibility act, and windfall profits tax, to name a few.Ralph Estes is Professor of Accountancy at Wichita State University.

 

Common terms and phrases

accepted accounting principles Accounts Payable Accounts Receivable Accumulated Depreciation adjusting entry American Institute amount analysis APB Opinion audit opinion auditing standards auditor bad debt balance sheet bank Bonds Payable book value budget Certified Public Accountants changes in financial charge common stock company's Contrast control account corporation cost A cost current asset deducted discount dividends Doubtful Accounts equity estimated example factory overhead FASB Statement financial position financial reporting financial statements following journal entry fund income statement Income Summary income tax Institute of Certified internal inventory method investment issued lease ledger liability long-term loss manufacturing ments normal credit balance normal debit balance operating organization owners paid payment preferred stock premium present value production purchase quantity raw materials recorded retained earnings revenue sampling sold specified standard cost system stockholders subsidiary transactions Treasury Stock units usually XXX XXX XXX

References to this book

Bibliographic information

TitleDictionary of Accounting
AuthorRalph W. Estes
Editionreprint
PublisherMIT Press, 1985
ISBN0262550113, 9780262550116
Length162 pages
Subjects ›  › 

Business & Economics / Accounting / General
Business & Economics / Finance / General
Business & Economics / Reference
  
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