ORDINARY COURSE OF BUSINESS Definition

Bookmark and Share

ORDINARY COURSE OF BUSINESS is the actions or results that would logically be expected in the regular or planned operating activities of a business as opposed to extra-ordinary transactions or activities, e.g. trade liabilities, capital asset procurement or revenue and its sources.

Learn new Accounting Terms

STAFF ACCOUNTANT, on average, is a professional who is a CPA in good standing or CPA candidate with one to three years of professional experience. The staff accountant is supervised in the field by senior personnel and performs tasks such as tests of transactions and preparation of work papers.

NZIRFS is New Zealand International Financial Reporting Standards.

Suggest a Term

Enter Search Term

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