ACCOUNTING TERMS - ACCOUNTING DICTIONARY - ACCOUNTING GLOSSARY
From the web's #1 provider of financial analysis / ratio analysis
RECOGNIZE or RECOGNITION Definition
RECOGNIZE or RECOGNITION is the recording of a revenue or expense item in a given accounting period.
Learn new Accounting Terms
RESCIND is to revoke, cancel, or repeal a law, order, or agreement.
FCPA, in Australia and elsewhere, is Fellow Certified Practicing Accountant. In the USA, see FOREIGN CORRUPT PRACTICES ACT.