Define: Critical Event

UK Accounting Glossary

Definition: Critical Event

Quick Summary of Critical Event

The point in the business cycle at which revenue may be recognised.


Synonyms For Critical Event

critical incident, basic change, critical events, fundamental change, critical situation

Cite Term

To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

Page URL
Modern Language Association (MLA):
Critical Event. Payroll & Accounting Heaven Ltd. February 28, 2020
Chicago Manual of Style (CMS):
Critical Event. Payroll & Accounting Heaven Ltd. (accessed: February 28, 2020).
American Psychological Association (APA):
Critical Event. Retrieved February 28, 2020, from website:

Definition Sources

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

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

This glossary post was last updated: 23rd December 2018.