Similar to "tech debt", accounting debt is incurred when accounting departments take shortcuts either at the start of a companies life or during a busy period. These shortcuts then have to be "paid off" (i.e. corrected) by that same department or a third party at a later date. This phrase was coined by accountant Matthew R Williams, ACA in New York City on 23-Jun-22.
We could simply transfer the money now and sort out the loan agreements at a later date. We have to be conscious though that this would be adding to the departments existing accounting debt.
A series of shady, unconventional accounting practices Hollywood studios use to convert financial successes in the entertainment industry into financial losses. This is done to avoid paying taxes, royalties, and profit-sharing for a project.
"Hey Disney, this movie I starred in made over $1.3 billion at the box office. Why haven't I gotten any cut of revenue?"
"Oh, no one told you? That movie lost $23 million, we can't pay you anything."
"Hey, you were engaging in Hollywood Accounting, weren't you?!"
A sock, or socks, is an internet login used for two facing on the internet. A seemingly mysterious account with intent to badmouth, or cause chaos under the protection and safety of being snug within a sock. Socks are never "known brand" trolls that have notoriety. A sock seeks relevance, but, will never attain it due to its cowardly anonymity.
This sock keeps following me around from group to group trying to hump my leg. This sock account somehow knows who I am, but, obviously I don't know who it is. Socks and failtrolls go hand in hand.
When you get butt-fucked by Samsung
IT Manager: Hey did you manage to figure out that "Restricted Account"?
Pleb: No sire Samsung decided to pull out their BBC and show me what's up...
A code for sex work. Porn, prostitution, online video
Nobody asks you any questions if you say you are an accountant
A sister of the brotherhood. The accountant top trumps those brothers who are outer circle.
You are not the accountant. She will never accept you as a brother of the inner circle
an account where the user of this account is forced by another user from another account to fulfill his accounts on social media. Basically a fakeaccount but run by another person
Vassal accounts in some ways are fake accounts