Define: Substance (Economic)

UK Accounting Glossary

Definition: Substance (Economic)


Quick Summary of Substance (Economic)


Information in the financial statements should show the economic or commercial substance of the situation.



What is the dictionary definition of Substance (Economic)?

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Page URL
https://payrollheaven.com/define/substance-economic/
Modern Language Association (MLA):
Substance (Economic). PayrollHeaven.com. Payroll & Accounting Heaven Ltd. September 20, 2019 https://payrollheaven.com/define/substance-economic/.
Chicago Manual of Style (CMS):
Substance (Economic). PayrollHeaven.com. Payroll & Accounting Heaven Ltd. https://payrollheaven.com/define/substance-economic/ (accessed: September 20, 2019).
American Psychological Association (APA):
Substance (Economic). PayrollHeaven.com. Retrieved September 20, 2019, from PayrollHeaven.com website: https://payrollheaven.com/define/substance-economic/

Definition Sources


Definitions for Substance (Economic) are sourced/syndicated from:


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