ACCOUNTING TERMS - ACCOUNTING DICTIONARY - ACCOUNTING GLOSSARY
From the web's #1 provider of financial analysis / ratio analysis
EITF see EMERGING ISSUES TASK FORCE.
Learn new Accounting Terms
ERROR OF OMISSION is an error which occurs as a result of an action not taken. In accounting, the error occurs when both the entries required for a transaction are completely omitted from the books.
STRIPPED BOND is a bond that can be subdivided into a series of zero-coupon bonds.