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Accounting reference date |
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Accounting reference dateThe date to which accounts are made up for a company. When a company is incorporated, it will usually have an accounting reference date which is the last day of the month in which the anniversary of its incorporation falls. Directors can change the accounting reference date by filing an appropriate form with the Registrar of Companies.Similar MatchesGrowth accountingGrowth accountingDecomposition of the sources of economic growth into the contributions from increases in capital, labor, and other factors. What remains, called the Solow residual, is usually attributed to technology. Replacement cost accountingReplacement cost accountingAn accounting method that includes as part of depreciation the difference between the original purchase price of an asset and the current ../../finance-glossary/ment cost. Accounting Standards BoardAccounting Standards BoardUK body that sets accounting standards. A subsidiary body of the Financial Reporting Council. Regulatory accounting procedures (RAP)Regulatory accounting procedures (RAP)Accounting principles required by the FHLB that allow S&Ls to elect annually to defer gains and losses on the sale of assets and amortize these deferrals over the average life of the asset sold. Financial Accounting Standards Board (FASB)Financial Accounting Standards Board (FASB)Board composed of independent members who create and interpret Generally Accepted Accounting Principles (GAAP). Further SuggestionsAverage accounting returnAccrual Accounting Convention Cost accounting current cost accounting Accounting liquidity Purchase accounting Statement of Financial Accounting Standards No 52 Accounting insolvency Accounting earnings Statement of Financial Accounting Standards No 8 Inflation accounting Generally Accepted Accounting Principles (GAAP) Historical Cost Accounting Convention |
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