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Accounting in sentence

821 examples of Accounting in a sentence

Russia has also failed to establish international accounting standards across its economy.
Stock exchanges are placing greater pressure on listed companies to disclose “non-financial” risks, while rules for corporate governance, especially in accounting and reporting, are becoming more demanding.
According to the rules of national income accounting, in the absence of market prices, the contribution of the government sector to GDP is measured by the wages paid out by the government, regardless of how productive or useful the government jobs are.
Apart from the accounting trick implicit in Scandinavia’s success, the high share of government in employment may also make a real contribution to solving one of the most fundamental problems western economies now face.
Thus, the Scandinavian way is more than a mere accounting trick, but it is also less than a truly recommendable strategy for coping with the challenges of globalization.
Hungary, Poland, Romania, and most other ex-communist nations have delayed privatizing medium and large enterprises until their government managers "restructured" employment, accounting practices, and the product mix.
Unless the NBS explains to the public the specifics of its accounting and adjustment methods, we may never know for sure the reasons for these discrepancies.
To produce more accurate figures for fixed-capital formation, China will need to modify or even abandon the current system, based on local government reports, and adopt an independent survey and accounting system to measure fixed-asset investment.
And that will require more transparent, impartial accounting, based on independent surveys and calculations.
New tools for economic modeling, natural-wealth accounting, and investment decision-making can move us forward.
Indeed, India’s non-oil trade with West Africa currently stands at more than $3 billion and is rising fast, accounting for 1.2% of the country’s total foreign trade.
Given weak national and regional capacities in the continent’s tax and revenue agencies, there is a need to create a regional transfer pricing advisory body that will bring together tax administrators, accounting and tax advisors, and multinationals, to serve as a platform for experience-sharing and consultation.
Nor will creative supply-side accounting alter that outcome.
Russian industrial exports primarily consist of armaments, with advanced aircraft accounting for more than half of sales.
Indeed, at independence, the Ivory Coast was the most prosperous state in French West Africa, with coffee and cocoa exports accounting for 40% of the region’s total exports.
For example, in 2004, China attempted to replace standard GDP accounting with the “Green GDP” index, which accounts for the environmental consequences of economic growth.
And the EU itself is the leader in world trade, accounting for 18%, followed by the US and China.
After all, an effective modern industrial strategy requires a careful accounting of the assets and resources, including human capital, that the economy will need in the coming years.
For the UK, such an accounting cannot be decoupled from Brexit.
From 1950 to 1974, Japan averaged a remarkable 10% annual growth rate, and by the 1980’s was the world’s second largest national economy, accounting for 15% of global output.
Corporate income in the EU is currently taxed under widely divergent national rules, based on separate accounting (SA) of income earned in each country.
Under this approach, taxable income would be determined from the consolidated accounts based on international accounting standards (IAS), which since 2005 have become legally binding for EU-listed companies’ financial reports.
The accrual principle typical of financial accounting is incompatible with tax systems’ realization principle.
Among the various options under consideration, the value-added tax base – perhaps averaged over a number of years – looks best, since the accounting and tax-assessment infrastructures already exist.
This model leaves the assessment and administration of corporate taxes entirely in the hands of member states, and would not require harmonization of legal and accounting rules.
For example, the US is far and away Ecuador’s largest trading partner, accounting for more than a third of its foreign trade.
A recent study forecasts that Asia’s low-elevation population could double by 2060, to 983 million, from its level in 2000, thus accounting for 70% of the world’s total.
And this does not even account for the benefits implied by improved accounting, tendering, and reporting procedures – all by-products of greater private-sector involvement.
The Financial Stability Board has estimated that total global shadow-banking assets in 2011 amounted to $67 trillion, with the US accounting for $23 trillion, the eurozone for $22 trillion, and the United Kingdom for $9 trillion.
Both the savings shortage and savings glut hypotheses confuse accounting outcomes with causes.
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