Define: Accounting Event

UK Accounting Glossary

Definition: Accounting Event


Quick Summary of Accounting Event


A transaction or change (internal or external) recognised by the accounting recording system.



What is the dictionary definition of Accounting Event?

Dictionary Definition


A transaction or (internal or external) change recognised by the accounting recording system.

Events are recorded as debit and/or credit entries.

For example: When a Sale is made for cash the double entry for the sales transaction would be debit bank, credit sales.


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Examples of Accounting Event in a sentence


The Company will otherwise settle exercise of Warrants exercised in connection with an Accounting Event in accordance with Section 5.10.



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https://payrollheaven.com/define/accounting-event/
Modern Language Association (MLA):
Accounting Event. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. February 24, 2020 https://payrollheaven.com/define/accounting-event/.
Chicago Manual of Style (CMS):
Accounting Event. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. https://payrollheaven.com/define/accounting-event/ (accessed: February 24, 2020).
American Psychological Association (APA):
Accounting Event. PayrollHeaven.com. Retrieved February 24, 2020, from PayrollHeaven.com website: https://payrollheaven.com/define/accounting-event/

Definition Sources


Definitions for Accounting Event are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • BusinessDictionary.com
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 6th May 2019.