noncurrent liabilities

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• Noncurrent Liabilities — A business s long term financial obligations that are not due within the present accounting year. Examples of noncurrent liabilities include long term borrowing, bonds payable and long term lease obligations. Any noncurrent liabilities will be… …   Investment dictionary

• Current / noncurrent method — Under this currency translation method, all of a foreign subsidiary s current assets and liabilities are translated into home currency at the current exchange rate while noncurrent assets and liabilities are translated at the historical exchange… …   Financial and business terms

• current/noncurrent method — The translation of all of a foreign subsidiary s current assets and liabilities ( liability) into home currency at the current exchange rate while noncurrent assets and liabilities are translated at the historical exchange rate; that is, the rate …   Financial and business terms

• accounting — /euh kown ting/, n. 1. the theory and system of setting up, maintaining, and auditing the books of a firm; art of analyzing the financial position and operating results of a business house from a study of its sales, purchases, overhead, etc.… …   Universalium