S&P 500 Definition

Bookmark and Share

S&P 500 see STANDARD AND POORS.

Learn new Accounting Terms

LIABILITY, in accounting, is a loan, expense, or any other form of claim on the assets of an entity that must be paid or otherwise honored by that entity.

REPORTABLE CONDITION is a matter coming to the auditor's attention relating to SIGNIFICANT DEFICIENCIES in the design or operation of the entitys internal control that could ADVERSLY AFFECT an entity's ability to fulfill future obligations with customers and/or the satisfaction of liabilities.

Suggest a Term

Enter Search Term

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