ACCOUNTING TERMS - ACCOUNTING DICTIONARY - ACCOUNTING GLOSSARY
From the web's #1 provider of financial analysis / ratio analysis
ORGANIZATION COST Definition
ORGANIZATION COST is amounts spent to begin a business entity, e.g., business filing fees, franchise acquisition, and legal fees. In the United States, costs associated with a corporation issuing or selling shares or other securities are capitalized and not tax deductible. Other organization expenses may be capitalized and amortized over a period of sixty (60) months or more; thereby providing possible tax relief through organization cost deductions. See also STARTUP COSTS.
Learn new Accounting Terms
RECEIVABLES TURNOVER see ACCOUNTS RECEIVABLE TURNOVER.
ACCRUAL ACCOUNTING see ACCRUAL BASIS OF ACCOUNTING.
