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

AVERAGE AGE OF INVENTORY is calculated by the formula: 365 / inventory turnover.

SHORT TERM INVESTMENTS are fixed income investments that mature in less than one year.

Suggest a Term

Enter Search Term

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