ACCOUNTING TERMS - ACCOUNTING DICTIONARY - ACCOUNTING GLOSSARY
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AUTHORITATIVE PRONOUNCEMENT Definition
AUTHORITATIVE PRONOUNCEMENT is a formal declaration of opinion sanctioned by established authority.
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SERVICE CHARGE ACCOUNTING, in property management, is estate and property service charge accounting system that provides the mechanism for comprehensive service charge reconciliation reports for both the tenant and the property manager. Expenditure can be apportioned equally over the entire service charge period or can be allocated to a specific date range within the period. Full budget reporting and next period budget calculation routines are usually provided.
REDISCOUNT is to discount short-term negotiable debt instruments for a second time, after they have been discounted with a bank.