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Process Costing

A cost accounting method whereby an entity determines and accumulates direct costs, and allocates indirect costs of a production process...

Job Costing

A method of costing that tracks the cost and revenues of individual projects and jobs within an entity. This method...

OBS Financing

It stands for off-balance sheet financing; a method of financing (and an accounting strategy) that involves recording certain assets, liabilities,...

OBSF

It stands for off-balance sheet financing; a method of financing (and an accounting strategy) that involves recording certain assets, liabilities,...

Off-Balance Sheet Financing

A method of financing (and an accounting strategy) that involves recording certain assets, liabilities, or transactions away from a firm's...

Allowance

A contra asset or an amount to be deducted from an asset account to reflect a particular situation or fact,...

Primary Currency

The currency in which the financial statements of an entity are prepared and presented. It is the currency that an...

Accounting Currency

The currency in which the financial statements of an entity are prepared and presented. It is the currency that an...

Reporting Currency

The currency in which the financial statements of an entity are prepared and presented. It is the currency that an...

Presentation Currency

The currency in which the financial statements of an entity are prepared and presented. It is the currency that an...