EQUITY METHOD Definition

Bookmark and Share

EQUITY METHOD is a method of accounting for investments in associated companies.

Learn new Accounting Terms

PROFESSIONAL FEE is that fee charged for services from university trained professionals; primarily doctors, lawyers and accountants. The term is often expanded to include other university trained professions, e.g. pharmacists charging to maintain a medicinal profile of a client or customer.

13TH PERIOD in the fiscal year is the period used for fiscal year-end adjusting entries (periods 1-12 being the months in the fiscal year).

Suggest a Term

Enter Search Term

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