Micro Accounting

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DEFINITION of 'Micro Accounting'

Accounting at a personal, corporate or government level. Micro accounting can also refer to accounting at the individual or subunit component level of an enterprise or entity. It is diametrically opposed to macro accounting, which is concerned with accounting at the aggregate or national level.

BREAKING DOWN 'Micro Accounting'

As conventional accounting is more like micro accounting than macro accounting (which is closer to economics), most accounting professionals are employed in micro accounting. As a result, the number of accounting positions at the individual enterprise level also vastly outnumbers those at the macro level.

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RELATED FAQS
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    Dividends paid in cash affect a company's balance sheet by decreasing the company's cash account on the asset side and decreasing ... Read Full Answer >>
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    Cash or stock dividends distributed to shareholders are not considered an expense on a company's income statement. Stock ... Read Full Answer >>
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    The only account recorded on the balance sheet, when dividends are declared and before they are paid out to a company's shareholders, ... Read Full Answer >>
  4. What are some examples of general and administrative expenses?

    In accounting, general and administrative expenses represent the necessary costs to maintain a company's daily operations ... Read Full Answer >>
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    Whether a dividend distribution has any effect on additional paid-in capital depends solely on what type of dividend is issued: ... Read Full Answer >>
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