Accounting Measurement

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Accounting Measurement

A unit of accounting. Very often, an accounting measurement is a unit of money. For example, if a company records its sales for a month as $25,000, its accounting measurement is U.S. dollars. However, an accounting measurement may also be a non-monetary unit, such as hours worked or jobs created.
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The billions of dollars spent on accounting systems may suggest that policy makers consider high quality accounting measurements to be a pre-requisite to effective cost management.
In the acquisition method, the fair value of the acquiree as a whole is determined and forms a basis for subsequent accounting measurements.
7: Using Cash Flow Information and Present Value in Accounting Measurements," James R.
7, Using Cash Flow Information and Present Value in Accounting Measurements, fair value is the objective for initial measurements that are developed using present value techniques.
and Canada, accounting measurements primarily follow historical cost accounting; only in limited circumstances (3) can the accrual concept be extended and depart from strict transaction cost measurements.
Statement 7 provides a framework for using future cash flows as the basis for accounting measurements at initial recognition or fresh-start measurements and for the interest method of amortization.
Accounting measurements that apply present valuation should incorporate the uncertainties associated with forecasting cash flows.
Acid-base accounting measurements on tailings and waste rock samples also returned favourable results and indicate that placement of these mine products will not result in acid discharge.
Therefore, given that cost accounting measurements do not represent the true elements of product cost it is likely that upper management may not accept all the elements of cycle time, as a significant measurement of product cost and competitive posture.
Aquilent applauds the Department of Labor's move to help ensure that taxpayers' dollars are accurately utilized and that related accounting measurements can be adequately tracked through a fully automated procurement lifecycle system," stated David Fout, CEO of Aquilent.
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