ACCOUNTING TERMS - ACCOUNTING DICTIONARY - ACCOUNTING GLOSSARY
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INTERPERIOD EQUITY Definition
INTERPERIOD EQUITY is a government's obligation to disclose whether current-year revenues were sufficient to pay for current-year benefits, or did current citizens defer payments to future taxpayers, i.e. it refers to whether current-year revenues are sufficient to pay for the services provided that year and whether future taxpayers will be required to assume burdens for services previously provided.
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AUSTRAL (AUSTRALES) is the currency of Argentina.
OMAD is Output Message Accountability Data. In SAP transactions, it is the Number Ranges for Batch Numbers.