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

CHURN RATE is the percentage of customers (e.g., cellular telephone subscribers) that cancels their service per month.

OPERATING INTEREST is the legal right to assets used to produce revenue, e.g., produce oil or gas from a well, accompanied by the responsibilities to pay production costs and assume the risks.

Suggest a Term

Enter Search Term

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