INFLATION ACCOUNTING Definition

Bookmark and Share

INFLATION ACCOUNTING is a system of accounting which, unlike historical cost accounting, takes into account changing prices.

Learn new Accounting Terms

DECRETION is a decrease. See also ACCRETION.

GOODS RECEIVED NOTE is a document produced when goods are received into the company/factory. It will usually accompany goods to any inspection and is used to check against invoices before payment.

Suggest a Term

Enter Search Term

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