Politics	Business	Finance

Topics: Accounting Cost Costs Opportunity Economists Economics Recorded...

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Accounting scandals of 2002In 2002, a wave of accounting scandals broke in the United States. A number of leading companies have admitted to mis-stating their accounts, giving a misleading impression of their status. In public companies, this type of creative accounting can amount Accounting reformAccounting reform is change to accounting rules that goes beyond the enforcement of standard accounting practices and the elimination of " creative accounting". It is advocated by those who consider the present standards and practices of the profession wh Accounting softwareAccounting software is computer software that records and processes accounting transactions such as accounts payable, accounts receivable, payroll and trial balance. It may be developed inhouse by the company or organization using it, may be purchased fro Accounting costIn economics, accounting cost or historical cost is the total amount of money or goods expended in an endeavour. It is money paid out at some time in the past and recorded in journal entries and ledgers. Economists use the term to distinguish opportunity Accounting methodIn computational complexity theory, the accounting method is a method of amortized analysis based on accounting. The accounting method often gives a more intuitive account of the amortized cost of an operation than either aggregate analysis or the potenti Accounting profitIn accounting terms, accounting profit is the total revenue minus costs properly chargeable against the goods sold (Ref. Samuelson) Economics.