accounting principle

noun [C] ACCOUNTING

Definition

› a rule that a company or organization must follow when it prepares its financial information: The Board of Governors task force is trying to make sure good, sound accounting principles are being implemented. → See also GAAP

(Definition of accounting principle noun from the Cambridge Business English Dictionary © Cambridge University Press)

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accountable adjective
accountancy noun
accountant noun
accounting noun
accounting period noun
accounting principle noun
accounting rate of return noun
accounting ratio noun
accounting rule noun
accounting standard noun
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