DOCUMENT RECONCILIATION Definition

Bookmark and Share

DOCUMENT RECONCILIATION is the synchronization of formalized documents to approved or changed requirements or specifications.

Learn new Accounting Terms

BURDEN RATE, when referring to personnel burden, is the sum of employer costs over and above salaries (including employer taxes, benefits, etc.). When referring to factory or manufacturing see OVERHEAD.

ENGAGEMENT LETTER is a letter that represents the understanding about the engagement between the client and the CPA. The letter identifies the financial statements and describes the nature of procedures to be performed. It includes the objectives of the procedures, an explanation that the financial information is the responsibility of the company's management, and a description of the form of report.

Suggest a Term

Enter Search Term

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