ACCOUNTING TERMS - ACCOUNTING DICTIONARY - ACCOUNTING GLOSSARY
From the web's #1 provider of financial analysis / ratio analysis
ACCOUNTING CONVENTION Definition
ACCOUNTING CONVENTION see CONVENTION.
Learn new Accounting Terms
OPERATING INTEREST is the legal right to assets used to produce revenue, e.g., produce oil or gas from a well, accompanied by the responsibilities to pay production costs and assume the risks.
COST PRINCIPLE is the principle where a company is obliged to record its fixed assets at their actual purchase price or production cost.
