ACCOUNTING TIMING DIFFERENCE Definition

Bookmark and Share

ACCOUNTING TIMING DIFFERENCE is the effect that a defered accounting event would have on the financials if taken into consideration e.g., the release of a deferred tax asset to the income statement as a deferred tax expense (ie the reversal of an accounting timing difference).

Learn new Accounting Terms

IAS see INTERNATIONAL ACCOUNTING STANDARDS.

ACCOUNTING RESEARCH BULLETINS (ARBs) were issued years ago to set generally
accepted accounting principles. Some have not been superseded by pronouncements of the Financial Accounting Standards Board. Those old pronouncements still qualify as generally accepted accounting principles.

Suggest a Term

Enter Search Term

Enter a term, then click the entry you would like to view.