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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Full Definition of Accounting Event



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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.


Accounting Event FAQ's



Cite Term


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https://payrollheaven.com/define/accounting-event/
Modern Language Association (MLA):
Accounting Event. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. November 21, 2019 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: November 21, 2019).
American Psychological Association (APA):
Accounting Event. PayrollHeaven.com. Retrieved November 21, 2019, from PayrollHeaven.com website: https://payrollheaven.com/define/accounting-event/

Definition Sources


Definitions for Accounting Event are sourced/syndicated from:


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