CONTINUITY ASSUMPTION Definition

CONTINUITY ASSUMPTION see GOING CONCERN CONCEPT.

Learn new Accounting Terms

CAPITAL COMMITMENT is an agreement to undertake capital expenditure at some set time in the future which has not yet become an actual liability.

ITC is International Trade Commission, Investment Tax Credit, Input Tax Credit (Canadian GST refund for businesses), etc.

Enter Search Term

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