ACCRUED REVENUE Definition

Bookmark and Share

ACCRUED REVENUE is the accumulated revenue as they have been recognized over a given period.

Learn new Accounting Terms

ECONOMIC VALUE (EV) is the value of an asset deriving from its ability to generate income.

CONSISTENCY PRINCIPLE requires accountants to apply the same methods and procedures from period to period. When they change a method from one period to another they must explain the change clearly on the financial statements.

Suggest a Term

Enter Search Term

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