EFFECTIVE DATE OF INTEREST Definition

Bookmark and Share

EFFECTIVE DATE OF INTEREST is the market rate at time of a debt issue.

Learn new Accounting Terms

SALES PROCEEDS are the sum of the service units (products, services) sold by a corporation within a particular period. The sales proceeds are calculated from the quantities sold (pcs, kg, hrs) multiplied by the sales price per unit within a particular period.

REPORTABLE CONDITION is a matter coming to the auditor's attention relating to SIGNIFICANT DEFICIENCIES in the design or operation of the entitys internal control that could ADVERSLY AFFECT an entity's ability to fulfill future obligations with customers and/or the satisfaction of liabilities.

Suggest a Term

Enter Search Term

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