RECEIVING Definition

Bookmark and Share

RECEIVING is to get something or come into possession of something. In a company it can be a location where goods are received.

Learn new Accounting Terms

BORROWING COSTS is the financial costs incurred by an enterprise in connection with the borrowing of funds, i.e. interest, amortization of discounts or premiums arising on the issue of debt securities, loan fees, gains and losses on foreign currency differences related to borrowed funds and regarded as an adjustment to interest costs.

APPLICABLE FINANCIAL REPORTING FRAMEWORK is the financial reporting framework adopted in the preparation of the financial statements that is acceptable in
view of the nature of the entity and the objective of the financial statements, or that is required by law or regulation.

Suggest a Term

Enter Search Term

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