HomeDefinitionsCompareDebt Accounting earningsThe financial definition for Accounting earnings:Earnings of a firm as reported on its income statement. Similar MatchesAccounting insolvencyAccounting insolvencyTotal liabilities exceed total assets. A firm with a negative net worth is insolvent on the books. Accounting liquidityAccounting liquidityThe ease and quickness with which assets can be converted to cash. Accrual Accounting ConventionAccrual Accounting ConventionAn accounting system that tries to match the recognition of revenues earned with the expenses incurred in generating those revenues. It ignores the timing of the cash flows associated with revenues and expenses. Further SuggestionsAverage accounting returnCost accounting Financial Accounting Standards Board (FASB) Generally Accepted Accounting Principles (GAAP) Historical Cost Accounting Convention Inflation accounting Purchase accounting Click to compare definitions of Accounting earnings Click to view definitions beginning ac |