Definition of «full accounting»

The term "full accounting" refers to a complete and accurate disclosure or reporting of all relevant information, details, and transactions. It is often used in financial contexts where it is necessary to provide an exhaustive record of income, expenses, assets, liabilities, and equity. In other words, full accounting means providing a comprehensive overview of the financial position of an individual or organization by including all relevant data points.

Sentences with «full accounting»

  • Are financial decisions taking full account of risks and opportunities related to climate change, or is the topic still virtually ignored in financial decision - making? (sciencedaily.com)
  • It's probably not a good fit if you're looking for full accounting abilities in your practice management software. (lawyerist.com)
  • The right mix of fuels must be determined by economic criteria, taking full account of costs and benefits not yet fully reflected in market prices. (iea.org)
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