Accounting Procedure

Accounting Procedure

The accounting methods used by a company. Because accountants have a certain amount of leeway in how to treat some (though not all) revenues and expenses, a company may standardize its own accounting procedures, often publishing them in an internal manual.
References in periodicals archive ?
The Institute Committee on Accounting Procedure (CAP) effectively becomes the first U.
Authority to set accounting principles essentially was delegated to the AIA and its Committee on Accounting Procedure, chaired by George O.
However, if the Service does not accept the taxpayer's internal controls as an adequate accounting procedure, it may require the taxpayer's employees to substantiate separate expense account information.
But, in more than 50 years of formal standard-setting, the Committee on Accounting Procedure, the Accounting Principles Board, and the FASB have issued many more standards--and these standards have been supplemented by issuances of the Securities and Exchange Commission, the AICPA's Accounting Standards Executive Committee, and the FASB's Emerging Issues Task Force.
But the proper regulatory accounting procedure is not well established, and consequently the reimbursement of BV costs has become far from predictable.
The new, united American Institute formed the committee on accounting procedure (CAP).
43 reinforced an earlier rule permitting an accounting procedure known as a corporate readjustment--or more commonly, a quasi reorganization.
He served on the Institute's committee on accounting procedure (forerunner of the Financial Accounting Standards Board) from 1939-1950.
Global Banking News-September 9, 2015--Analysts sceptical about Westpac's accounting procedures and targets
Record accounting procedures and completeness of accounting transactions - Design and development of application (database) data entry
It shall maintain, and update as needed, an accounting system that complies with accepted accounting procedures, client directives and obligations, applicable laws and regulations and supports company operation.
1, constituted by the Board of Governors to formulate recommendations on the accounting procedures and budget estimates for PIPS for the year 2009-10 presented its recommendation.