Macro Accounting

AAA

DEFINITION of 'Macro Accounting'

Accounting for the total or aggregate economic activities of a nation. Macro accounting forms the basis for the official statistics that summarize a nation's economic development and performance, and looks at the whole economic picture rather than focusing on individuals or single companies.

Also known as "national accounting.

INVESTOPEDIA EXPLAINS 'Macro Accounting'

Macro accounting deals with national statistics and economic indicators such as a nation's gross domestic product, external debt and so on. These figures are released on a periodic basis, usually monthly or quarterly by government bodies. They are closely watched by financial market participants to assess a nation's economic performance.

RELATED TERMS
  1. Micro Accounting

    Accounting at a personal, corporate or government level. Micro ...
  2. Macro Environment

    The conditions that exist in the economy as a whole, rather than ...
  3. Global Macro Strategy

    A hedge fund strategy that bases its holdings - such as long ...
  4. Macroeconomics

    The field of economics that studies the behavior of the aggregate ...
  5. Macro Risk

    A type of political risk in which political actions in a host ...
  6. Economic Indicator

    A piece of economic data, usually of macroeconomic scale, that ...
Related Articles
  1. Economic Indicators That Do-It-Yourself ...
    Investing Basics

    Economic Indicators That Do-It-Yourself ...

  2. Leading Economic Indicators Predict ...
    Active Trading

    Leading Economic Indicators Predict ...

  3. Explaining The World Through Macroeconomic ...
    Options & Futures

    Explaining The World Through Macroeconomic ...

  4. Cashing In On Macroeconomic Trends
    Economics

    Cashing In On Macroeconomic Trends

comments powered by Disqus
Hot Definitions
  1. Due Diligence - DD

    1. An investigation or audit of a potential investment. Due diligence serves to confirm all material facts in regards to ...
  2. Certificate Of Deposit - CD

    A savings certificate entitling the bearer to receive interest. A CD bears a maturity date, a specified fixed interest rate ...
  3. Days Sales Of Inventory - DSI

    A financial measure of a company's performance that gives investors an idea of how long it takes a company to turn its inventory ...
  4. Accounts Payable - AP

    An accounting entry that represents an entity's obligation to pay off a short-term debt to its creditors. The accounts payable ...
  5. Ratio Analysis

    Quantitative analysis of information contained in a company’s financial statements. Ratio analysis is based on line items ...
  6. Days Payable Outstanding - DPO

    A company's average payable period. Calculated as: ending accounts payable / (cost of sales/number of days).
Trading Center