ACCRUAL ACCOUNTING Definition

Bookmark and Share

ACCRUAL ACCOUNTING see ACCRUAL BASIS OF ACCOUNTING.

Learn new Accounting Terms

INTRACOMPANY means occurring within or taking place between branches or employees of a company.

TAX EQUIVALENT YIELD is the yield that must be offered before factoring in taxes so that an investment pays off a certain after-tax yield. This measure is often necessary to compare taxable and tax-free investments, since tax-free issues tend to have lower pre-tax yields due to the fact that the investments proceeds will not be reduced by taxes. Tax equivalent yield is equal to required after-tax yield divided by (1 minus the tax rate).

Suggest a Term

Enter Search Term

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