Accounting earningsEarnings of a firm as reported on its income statement.
Historical Cost Accounting ConventionHistorical Cost Accounting Convention
An accounting technique that values an asset for balance sheet purposes at the price paid for the asset at the time of its acquisition.
Statement of Financial Accounting Standards No 8Statement of Financial Accounting Standards No 8
The is a currency translation standard once used by U.S. accounting firms. See: Statement of Accounting Standards No. 52.
Cost accountingCost accounting
A branch of accounting that provides information to help the management of a firm evaluate production costs and efficiency.
Purchase accountingPurchase accounting
Method of accounting for a merger that treats the merger as having purchased the merger and assumed the merger of the merger, which are then written up or down to their respective fair merger. The difference between the purchase price and the net assets acquired is attributed to merger.
Average accounting returnAverage accounting return
The average project earnings after taxes and depreciation divided by the average book value of the investment during its life.
Further SuggestionsGrowth accounting
Accounting Standards Board
Replacement cost accounting
Generally Accepted Accounting Principles (GAAP)
Accrual Accounting Convention
Regulatory accounting procedures (RAP)
Financial Accounting Standards Board (FASB)
accounting reference date
current cost accounting
Statement of Financial Accounting Standards No 52