ASB Definition

Bookmark and Share

ASB see ACCOUNTING STANDARDS BOARD.

Learn new Accounting Terms

TANGIBLE normally refers to assets that can be held or seen and that are capable of being appraised at an actual or approximate value (e.g. inventory, land & buildings, etc.).

INCORRECT ACCEPTANCE, in accounting, is the risk the sample supports the conclusion that the recorded balance is not materially misstated when it is materially misstated.

Suggest a Term

Enter Search Term

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