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accounting standard

NOUN
  1. a principle that governs current accounting practice and that is used as a reference to determine the appropriate treatment of complex transactions

How To Use accounting standard In A Sentence

  • Carried out a new corporate tax effect accounting standards the application of analysis and its application in practice to continue to elaborate.
  • In the case where a company is exempt from an audit, the accountant will still prepare the company's accounts to comply with accounting standards and statutory formats.
  • The only answer to this is to develop a comprehensive programme of accounting standards and to enforce them vigorously.
  • Critics say the new accounting standard will unnecessarily create scary, volatile numbers in quarterly earnings reports.
  • Accounting standard and their accounting environment support each other, and the high quality accounting environment is the basis of carrying those high quality accounting standards.
  • Starting with the year ending in mid-2011, Ross said, new accounting standards will require more precise definitions of "spendable" amounts within fund balances. Statesmanjournal.com - Top Stories
  • Asset impairment standard is one of the most controversial accounting standards.
  • The establishment of the Accounting Standards Board has not clarified the position.
  • Will the Supreme Court arbitrate accounting standards?
  • It hopes to release its first performance accounting standards, for general adoption, by the mid-199Os.
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