Accretive Term applied to a business combination in which the acquirer's earnings per share increase as a result of the merger.

Accrual accounting The usual basis of accounting for profit-seeking enterprises under generally accepted accounting principles; revenues are recognized when earned, and expenses are matched against those revenues in the period of the benefit.

Acquisition accounting Method of accounting for business combinations in which the assets and liabilities of the acquired firm are valued at fair market values, including the recording of goodwill implied by any excess of purchase price over the net fair value. (Also called purchase method.)

Adjusting entries Journal entries needed to correct any accounts of the affiliates that may be incorrect at the financial statement date, or to recognize the effects of a transaction made by one party (such as the parent), but not recorded by another party (such as a subsidiary).

Advance plan for the distribution of cash A schedule that specifies the order in which each partner will participate in sharing profit and losses and the amount of cash each partner will receive as it becomes available for distribution.

Affiliate An entity that controls, is controlled by, or is under common control with, another entity, either directly or indirectly through one or more intermediaries.

Agency funds Funds used to report resources ...

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