Regular dividend considered to have been earned by the stockholders, but not yet declared or payable.
Earned but yet unrealized asset, such as accrued income.
An accountant must exercise due care, and must follow established conventions and standards to present a 'true and fair view' of the financial position of an entity. He or she owes these ethical and professional obligations to the management, stockholders, investors, creditors, and regulatory and ...
Expense plan under which an employee receives a certain sum of money, is required to account for all expenses, and return the remaining sum (if any) to the employer. The employee's taxable income remains unaffected under an accountable plan: neither the sum paid by the company is treated as the ...
Validated official document (such as an airline ticket, check, or payment voucher) that has a monetary value and must be accounted for.
A name or code given to an account that indicates the account's purpose. For example, the account type could be linked to a brokerage account, checking account or savings account.
The name applied to an account that is used by accountants and managers to refer to it. Accounts generally have numerical designations for easier management, particularly when an organization has a large number of accounts, but account titles are often used in conversation for ease of reference.
The Summary of all transactions with a customer or a supplier that occurred over the previous month, quarter, etc., and their effect on an open-account balance. Also called a statement of account.
