An accounting method is the set of recommendations and rules know as GAAP's businesses use to keep financial records and prepare financial reports for the purpose of taxation and reporting to the shareholders. There are different methods used in each country and for international purposes.
Knowledge is the key to success. That is why we have gone to great lengths to get you these business terms and jargon, and explain them in Plain English. Its very easy to comprehend. Learn to understanding and know your business jargon. This will keep you informed among your peers. Bookmark Your business dictionary.