ADVANCED ACCOUNTING Definition

Bookmark and Share

ADVANCED ACCOUNTING covers accounting operations, patterns, merger of public holding companies, foreign currency operations, changing financial statement prepared in foreign and local currencies. Advanced accounting also includes a variety of advanced financial accounting issues such as lease contracts, pension funds, end of service severance payments, etc.

Learn new Accounting Terms

NZIRFS is New Zealand International Financial Reporting Standards.

MARKET TO BOOK VALUE is calculated by dividing the market value (MV) of a company, i.e., the total value of all its outstanding shares, by the value of its tangible assets (TA). Also known as TOBIN RATIO = MV/TA.

Suggest a Term

Enter Search Term

Enter a term, then click the entry you would like to view.