AFE Definition

Bookmark and Share

AFE, dependent upon usage, is an acronym for Authorization for Expenditure or Average Funds Employed.

Learn new Accounting Terms

SELL-IN ACCOUNTING records shipments to wholesalers as product sales whether or not they expand retail or wholesale stocking, i.e. revenue is recorded when a product enters the distribution stream while sell-through does not. See SELL-THROUGH ACCOUNTING.

OTHER COMPREHENSIVE BASIS OF ACCOUNTING (OCBOA) means a definite set of criteria, other than accounting principles generally accepted in the United States of America or International Financial Reporting Standards (IFRSs), having substantial support underlying the preparation of financial statements prepared pursuant to that basis.

Suggest a Term

Enter Search Term

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