APPLICABLE FINANCIAL REPORTING FRAMEWORK Definition

Bookmark and Share

APPLICABLE FINANCIAL REPORTING FRAMEWORK is the financial reporting framework adopted in the preparation of the financial statements that is acceptable in
view of the nature of the entity and the objective of the financial statements, or that is required by law or regulation.

Learn new Accounting Terms

PACKING SLIP see PACKING LIST.

DEPOSIT can mean a variety of things: a. a payment given as a guarantee that an obligation will be met; b. the act of putting money into a bank account; c. a partial payment made at the time of purchase with the balance to be paid later; or, d. money given as security for an article acquired for temporary use.

Suggest a Term

Enter Search Term

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