RETAINED PROFIT Definition

Bookmark and Share

RETAINED PROFIT see RETAINED EARNINGS.

Learn new Accounting Terms

FINANCIAL INSTITUTION CONFIRMATION REQUEST is a confirmation sent to the client's bank or other financial institution asking the bank to confirm directly to the auditor information about balances at a particular date.

TARGET COSTING is a disciplined process for determining and realizing a total cost at which a proposed product with specified functionality must be produced to generate the desired profitability at its anticipated selling price in the future.

Suggest a Term

Enter Search Term

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