Unit accounting definition

Unit accounting means a method by which licensed authorized organizations that are members of a unit account for the sharing of revenues, authorized expenses, and inventory related to bingo operations.
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Unit accounting means a method by which licensed
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Unit accounting means a method by which licensed authorized
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Examples of Unit accounting in a sentence

  • Unit accounting (sometimes called item accounting) requires a specific record, usually a card, for each individual item of property.

  • The Unit accounting reference of the item or items contained within.

  • Unit accounting shall be applied in valuing all Participants’ interests in the Company Stock Fund.

  • Accounting SystemThe PA Cyber CS uses the accrual method utilizing the CSIU-Central Susquehanna Intermediate Unit accounting software that is fully compliant with PA, GASB, and GAAP reporting requirements.

  • It would seem that security within their national borders is not the only concern of young Americans and South Africans.

  • Items covered under “Additional Support Services” include the Environmental Crimes Unit, accounting services, and support for the Office of Environmental Protection.

  • Unit accounting is employed to track separately accounted funds and pooled funds by assigning a value to units and allocating units to each fund depending on its value.

  • Unit accounting allows XYZ to allocate investment gains, investment losses, investment income, and investment and administrative fees.

  • Recommendation 08-05 will be superseded by Rec 10-04 in September.Note that there is concern about the methodologies used to quantify the amounts of tuna, with a longer term view to standardise and enshrine the best practice system in the regulatory framework.

  • It would entail an equivalent number of “contact days” to that required by MTNI.

Related to Unit accounting

  • Unit Account means a notional account opened and managed by Us for You, in which the Units are allocated following the receipt of the Premium from You and in which the Units are cancelled by Us for the purpose of paying the benefits or for recovering the applicable charges;

  • Stock Account means the account maintained on behalf of the Participant by the Custodian for the purpose of holding Stock acquired under the Plan.

  • Stock Unit Account means the bookkeeping account established by the Company pursuant to Section 6.4.

  • Annual Accounting Period or “Financial Year” means the period commence on 1st July and shall end on 30th June of the succeeding calendar year.

  • Accounting Date means the thirtieth day of June in each year and any interim date on which the financial statements of the Trust are drawn up. Provided that the Management Company may, with the written consent of the Trustee and after obtaining approval from the Commission and the Commissioner of Income Tax may change such date to any other date and such change shall be intimated to the Commission.

  • Deferral Account means the Company's accounting of the Director's accumulated Deferrals plus accrued interest.

  • Share Account means the brokerage account established by the Agent for each Participant to which shares of Common Stock purchased under the Plan are credited in accordance with Section 9. The Share Account will be established pursuant to a separate agreement between each Participant and the Agent.

  • Deferred Stock means a right to receive a specified number of shares of Stock during specified time periods pursuant to Article 8.

  • Cash Account has the meaning set forth in Section 2.1(a)(ii).

  • Annual Accounts means the accounts of the licensee prepared in accordance with the provisions of the Companies Act, 1956 and/or in such other manner as may be directed by the Commission in terms of the provisions of the Act;

  • financial entity means the following entities which meet such criteria or conditions as the Central Government may, in consultation with the financial sector regulator, notify in this behalf, namely:

  • Phantom Stock means a right granted to an Eligible Individual under Section 12 representing a number of hypothetical Shares.

  • Deferred Stock Unit means a right granted to a Participant under Article 9 to receive Shares (or the equivalent value in cash or other property if the Committee so provides) at a future time as determined by the Committee, or as determined by the Participant within guidelines established by the Committee in the case of voluntary deferral elections.

  • Accounting Restatement means an accounting restatement that the Company is required to prepare due to the material noncompliance of the Company with any financial reporting requirement under the securities laws, including any required accounting restatement to correct an error in previously issued financial statements that is material to the previously issued financial statements, or that would result in a material misstatement if the error were corrected in the current period or left uncorrected in the current period.

  • DSU means a deferred share unit, which is a bookkeeping entry equivalent in value to a Share credited to a Participant’s Account in accordance with Article 4 hereof;

  • Stock Payment means (a) a payment in the form of shares of Stock, or (b) an option or other right to purchase shares of Stock, as part of any bonus, deferred compensation or other arrangement, made in lieu of all or any portion of the compensation, granted pursuant to Article 8.