Accounting Method

What Does Accounting Method Mean?
In terms of taxation, the method by which income and expenses are determined for taxation purposes.

Investopedia explains Accounting Method
The two major methods in North America are cash and accrual accounting.

Related Terms

Accountant
Accounting
Accrual Accounting
Behavioral Accounting
Cash Cost
Comprehensive Tax Allocation
Cook The Books
Earned Premium
Equity Method
Generally Accepted Accounting Principles - GAAP
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