Accounting Procedure

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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 accounting policies and methods of computation used in the preparation of the 2018 interim consolidated financial report is consistent with those used and described in the Group's annual audited financial report for the year ended 31st December, 2017, except for the changes in accounting policies as described in note 3.
The group confirmed previous expectations for 2018 figures to be hit by the VAT misdeclaration, but added that new accounting policies will also mean the current year's results are set to be "materially" lower than expected.
Emergency repairs firm Homeserve is doing a good job of fixing its own roof, according to broker Liberum, despite the company's accounting policies coming under scrutiny by HSBC analysts yesterday.
Rosenzweig has confirmed that she has no disagreement with the presentation of the company's financial statements or accounting policies. Rosenzweig has served as CFO of Entera since May 2014 and will continue to serve as CFO, including through the filing of the company's FY18 financial results.
Workiva (NYSE:WK) has announced that KeyCorp (NYSE: KEY) subsidiary KeyBank is using Wdesk to streamline accounting policies and financial processes, the company said.
AMES, Iowa: Workiva announced that KeyBank is using Wdesk to streamline accounting policies and financial processes across its company.
Lengthy boilerplate accounting policies, dumping irrelevant statements of accounting estimates and judgments, plus the truckload of tabular disclosures scattered all over the financial statements-these are the common issues that I see every single time I review financial statements for clients that I serve as consultant.
ECB administrative accounting policies (based primarily on international financial reporting standards (IFRS)), procedures, practice and tools, and
The report offers suggestions to help companies improve their accounting policies and systems of internal controls.
She will continue to oversee the maintenance and enforcement of Weis' accounting policies related to taxes and payroll.
Whether an IFRS transition plan had been prepared, which should include, as an example, the determination of the target date to approve the accounting policies.
* Optionality is built into the FRF for SMEs to allow CPAs and business owners to choose accounting policies that will enable more relevant financial reporting that is tailored to their specific needs.