accounting method - meaning and definition. What is accounting method
Diclib.com
ChatGPT AI Dictionary
Enter a word or phrase in any language 👆
Language:

Translation and analysis of words by ChatGPT artificial intelligence

On this page you can get a detailed analysis of a word or phrase, produced by the best artificial intelligence technology to date:

  • how the word is used
  • frequency of use
  • it is used more often in oral or written speech
  • word translation options
  • usage examples (several phrases with translation)
  • etymology

What (who) is accounting method - definition


Accounting method (computer science)         
METHOD OF AMORTIZED ANALYSIS
In the field of analysis of algorithms in computer science, the accounting method is a method of amortized analysis based on accounting. The accounting method often gives a more intuitive account of the amortized cost of an operation than either aggregate analysis or the potential method.
Cash method of accounting         
A METHOD THAT RECORDS REVENUE WHEN CASH IS RECEIVED, AND EXPENSES WHEN THEY ARE PAID IN CASH
Cash-basis accounting; Cash accounting; Cash-based accounting
The cash method of accounting, also known as cash-basis accounting, cash receipts and disbursements method of accounting or cash accounting (the EU VAT directive vocabulary Article 226) records revenue when cash is received, and expenses when they are paid in cash. As a basis of accounting, this is in contrast to the alternative accrual method which records income items when they are earned and records deductions when expenses are incurred regardless of the flow of cash.
Basis of accounting         
TIME WHEN FINANCIAL TRANSACTIONS ARE REPORTED
Cash basis accounting; Accounting methods; Cash-basis verses accrual-basis accounting; Income account; Cash-basis versus accrual-basis accounting; Income Account; Cash Method v. Accrual Method; Comparison of the Cash Method and Accrual Method of accounting; Comparison of cash method and accrual method of accounting; Comparison of Cash Method and Accrual Method of accounting; Accrual method; Accrual method of accounting; Comparison of cash and accrual methods of accounting; Accounting method
A basis of accounting is the time various financial transactions are recorded. The cash basis (EU VAT vocabulary cash accounting) and the accrual basis are the two primary methods of tracking income and expenses in accounting.
Examples of use of accounting method
1. The commission has long questioned that accounting method.
2. The implications The center‘s new accounting method is one reason the numbers are way up.
3. The last–in–first–out accounting method would also be eliminated, saving $106 billion over 10 years.
4. Oil companies with gross receipts exceeding $1 billion would lose some of the advantage of a specific accounting method.
5. The commission has long questioned that accounting method, saying it didn‘t free up real dollars that could be spent elsewhere.