ATP Definition

Bookmark and Share

ATP is an acronym for After Tax Profit, Accredited Tax Preparer, and possibly more.

Learn new Accounting Terms

ORDINARY ASSET is a non-capital asset used for business purposes. See CAPITAL ASSET.

BUSINESS UNIT is equivalent to a wholly owned subsidiary except that it is not treated as a separate legal entity. It is an organization within a firm that could operate separately because it has all support functions contained within the business unit. The internal financial reporting from a business unit to the corporate office is basically identical to a separate legal entity.

Suggest a Term

Enter Search Term

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