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The small entity status allows small businesses, independent inventors, nonprofit organizations to file a patent application and maintain an issued patent for a reduced fee—a 60% reduction. [1] Under 13 C.F.R. § 121.802(a), an entity qualifies as a "small business concern", and so qualifies for small entity status, if its number of employees ...
Fund accounting is an accounting system for recording resources whose use has been limited by the donor, grant authority, governing agency, or other individuals or organisations or by law. [1] It emphasizes accountability rather than profitability , and is used by nonprofit organizations and by governments.
Liability accounts are used to recognize liabilities. A liability is a present obligation of an entity to transfer an economic benefit (CF E37). Common examples of liability accounts include accounts payable, deferred revenue, bank loans, bonds payable and lease obligations. Equity accounts are used to recognize ownership equity. The terms ...
Redonda is a small, uninhabitable island south-west of Antigua. According to writer M. P. Shiel , Redonda was claimed by his father, with the consent of the British Colonial Office . [ 1 ] : 108 Since 1967, the title of King of Redonda has been disputed, with multiple claimants.
Financial accounting reports the results and position of business to government, creditors, investors, and external parties. Cost Accounting is an internal reporting system for an organisation's own management for decision making.
A regular savings account is a must for small businesses, though you can also put your money into business CDs and Money Market accounts. Merchant Account. With a merchant bank account, businesses ...
Small and medium-sized enterprises#United Kingdom Topics referred to by the same term This disambiguation page lists articles associated with the title Micro entity .
Consolidated financial statements are defined as "Financial statements of a group in which the assets, liabilities, equity, income, expenses and cash flows of the parent (company) and its subsidiaries are presented as those of a single economic entity", according to International Accounting Standard 27 "Consolidated and separate financial ...