SCOPE PARAGRAPH Definition

Bookmark and Share

SCOPE PARAGRAPH, in accounting, is the paragraph in the audit report that explains the scope of the engagement.

Learn new Accounting Terms

IBA, among others, can mean: Individual Brokerage Account, Individually Billed Accounts, Institute of Business Appraisers, International Bar Association, or, International Business Advisors.

QUASI-BUSINESS EXPENSES are those tax deductible expenses that could qualify as a personal or business expense dependent upon the situation, e.g. lavish automobiles, country club dues or dubious travel expenses.

Suggest a Term

Enter Search Term

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