OTHER CURRENT ASSETS Definition

Bookmark and Share

OTHER CURRENT ASSETS relates to any other current assets. Does not include prepaid items.

Learn new Accounting Terms

DOUBLE ACCOUNTING is the un-intentional, or sometimes fraudulently intentional, double counting of assets or liabilities, or any other datasets, which, in the end, give an inaccurate view of what the data really means. In accounting, this is usually caused by a multiplicity of entries of the same data which, in the end, causes confusion or financial reporting inaccuracies.

BASLE COMMITTEE was set up by the Bank for International Settlements and is based in Basle. The Committee drew up international capital adequacy standards for banks and was once known as the Cooke Committee, after a former chairman.

Suggest a Term

Enter Search Term

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