EARNING QUALITY Definition

Bookmark and Share

EARNING QUALITY is best determined through the inverse relationship between the amount of time elapsed between revenue recognition and cash collection.

Learn new Accounting Terms

ERROR is unintentional misstatements or omissions in financial statements. Errors may involve mistakes in gathering or processing accounting data, incorrect estimates from oversight or misinterpretation of facts, and mistakes in application of principles relating to amount, classification, presentation or disclosure.

FUND is a pool of money normally set apart for a purpose, for example, a pension fund to provide pensions.

Suggest a Term

Enter Search Term

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