PERPETUAL INVENTORY Definition

Bookmark and Share

PERPETUAL INVENTORY is an inventory accounting system whereby book inventory is kept in continuous agreement with stock on hand. A daily record is maintained of the dollar amount and physical quantity. There are periodic physical inventories taken to reconcile at short intervals.

Learn new Accounting Terms

FINANCIAL CONSULTANT see CHARTERED FINANCIAL CONSULTANT.

EDGAR is Electronic Data Gathering, Analysis, and Retrieval. EDGAR is an electronic system developed by the Securities and Exchange Commission (SEC). EDGAR permits companies to electronically file documents required for securities offerings and ongoing disclosure obligations with the SEC. EDGAR became fully operational mid-1995.

Suggest a Term

Enter Search Term

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