Home Accounting Services Financial Structure Maintenance Chart of Accounts Overview and Definitions Chart of Accounts Overview and Definitions Overview The Chart of Accounts (COA) is the backbone of ...

Accounting Definitions of Contra-Revenues vs. Expenses. In a company's financial records, contra-revenues and expenses produce the same ultimate result: They both reduce net income. The difference ...

Now known as Accounting Standards Code Topic 820, FAS 157 is the Financial Accounting Standards Board (FASB)’s fair value accounting standard.