Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

English definition of “accounting standard”

accounting standard

noun [C]     (also accounting rule) ACCOUNTING
a rule that describes how the financial information of a company or organization must be recorded: It was the company's first audit according to international accounting standards, so the figures are not comparable to the previous year's.
(Definition of accounting standard noun from the Cambridge Business English Dictionary © Cambridge University Press)
Focus on the pronunciation of accounting standard

Word of the Day

neighbourly

friendly or helpful

Word of the Day

Blog

Read our blog about how the English language behaves.

Learn More

New Words

Find words and meanings that have just started to be used in English, and let us know what you think of them.

Learn More