"accounting" in inglés with examples - Collocation dictionary inglés
- However, since much of an economy's productive assets are not included in traditional accounting, standard estimates of savings can mislead.
- But few economists deny the symbolic or the practical importance of the bank's radical departure from traditional national economic accounting.
- The overall effect of these new arrangements is the same as it was under traditional accounting but there are important differences also.
- Money does not support the traditional double-entry accounting and is based on separate cash, bank, investment, and other accounts.
- Why is traditional accounting not needed?
- In traditional accounting, no depreciation charge is made for the loss of such assets, contrary to the practice on man-made capital equipment.
- That practice, which is endemic, distorts prices and plays havoc with traditional accounting, critics say.
- Under traditional accounting, companies book profits only as they deliver the services they have promised to customers.
- But the idea is a radical departure from traditional accounting.
- Inventory is seen as incurring costs, or waste, instead of adding and storing value, contrary to traditional accounting.
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