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Home > QFINANCE Dictionary > Definition of American Accounting Association

Definition of

American Accounting Association

Accounting

organization promoting accounting research a voluntary organization for those with an interest in accounting research and best practice. Its mission is "to foster worldwide excellence in the creation, dissemination, and application of accounting knowledge and skills." The association was founded in 1916.

Related definitions of "American Accounting Association"

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American Accounting Association - Related Articles

  • Accounting

    Key Concepts

    There is no agreement, for example, on the way that assets should be measured on a bank’s balance sheet. In general, the Americans would like to opt for mark-to-market or fair value accounting under which assets are assigned a current fair market price. By contrast, European governments prefer a “smoothed” balance

  • Accounting and Economics—Critical Perspectives

    Best Practice

    This article reveals some important differences between accounting and economics. It does not seek to explain the various arguments that prompt, support, or question such differences. The ultimate objectives are an awareness that accounting and economics differ, and that knowledge of the differences
    By John C. Groth

  • The Rationale of International Financial Reporting Standards and Their Acceptance by Major Countries

    Best Practice

    Organization of Securities Commissions (IOSCO), the Fédération des Experts Comptables Européens (FEE), the Inter-American Accounting Association (IAAA), and the Organisation for Economic Co-operation and Development (OECD).
    By Véronique Weets

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Definitions of ’American Accounting Association’ and meaning of ’American Accounting Association’ are from the book publication, QFINANCE – The Ultimate Resource, © 2009 Bloomsbury Information Ltd. Find definitions for ’American Accounting Association’ and other financial terms with our online QFINANCE Financial Dictionary.

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