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Creative accounting (Redirected from Accounting irregularities)

Creative accounting and earnings management are euphemisms referring to accounting practices that deviate from standard accounting practices . They are characterized by excessive complication and the use of novel ways of characterizing income, assets or liabilities. This results in financial reports that are not at all dull, but have all the complication of a novel by James Joyce , hence...
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Numbered bank account

Inside the vaults of a Swiss Bank - Hundreds of Safes line the walls. Numbered Bank Accounts are offered by Swiss Banks to their wealthier customers. Typically the account will also have a codename attached to it for the convenience of both the banker and customer. This avoids confusion between banker and customer as to which account is being discussed. The feature of numbered accounts...
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Current account (Redirected from Current Account)

The term current account usually refers to the current account of the balance of payments (BOP) and contains the import and export items of goods and services as well as transfer payments including net investment income. The current account is often presented alongside the capital account and financial account of the BOP which contains data about short and long-term capital...
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Accounting methods (Redirected from Cash account)

...with cash-basis 1.2 Example 2 Accrual-basis 2.1 Example 3 Comparison 3.1 A simple example 4 Other considerations Cash-basis Cash-basis accounting is a method of bookkeeping that records financial events based on cash flows and cash position. Revenue is recognized when cash is received and expense is recognized when cash is paid...
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An Historical Account of Two Notable Corruptions of Scripture

An Historical Account of Two Notable Corruptions of Scripture is a dissertation by the English Mathematician and Scholar Isaac Newton . First published in 1754 , twenty-seven years after Newton's death, it reviewed all the textual evidence available from ancient sources on two disputed Bible passages, at First John 5:7 and 1 Timothy 3:16. Contents showTocToggle("show","hide") 1 First...
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Accounts receivable

Accounts receivable is one of a series of accounting transactions dealing with the billing of customers which owe money to a person, company or organization for goods and services that have been provided to the customer . This is typically done in a one person organization by writing an invoice and mailing or delivering it to each customer. Business organizations which...
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Current account

The term current account usually refers to the current account of the balance of payments (BOP) and contains the import and export items of goods and services as well as transfer payments including net investment income. The current account is often presented alongside the capital account and financial account of the BOP which contains data about short and long-term capital flows. Long-term...
http://www.all-about-all.info/article/Current account

Accountability

Accountability has several meanings and is the subject of a broad debate among students of modern governance . It is often used synonymously with such concepts as answerability, responsibility , blameworthiness, liability and other terms associated with the expectation of account-giving. As an aspect of governance , it has been central to discussions related to problems in...
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United Nations System of National Accounts (UNSNA)

The United Nations System of National Accounts is an international standard system of social accounts, first published in 1953. Handbooks with cumulated revisions were published in 1968 and 1993. The aim is to provide an integrated, exhaustive system of standard accounts enabling international comparisons of all significant economic activity. Contents showTocToggle("show","hide") 1...
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Accounting scandals (Redirected from Accounting scandals of 2002)

Accounting scandals , or corporate accounting scandals are political and business scandals which arise with the disclosure of misdeeds by trusted executives of large companies and corporations . Such misdeeds typically involve complex methods for misusing and misdirecting funds, often with the collaboration of officials in other corporations —particularly in accounting...
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