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An example of one strategy used to improve participation in the change process by staff members for whom the behavioural descriptions of innovators and early adopters fit is to
Discretionary Accounting
Involves the use of judgment by management to choose among acceptable accounting techniques or adjusting estimates that impact financial statements.
Accrue Revenue
The process of recognizing revenue before cash is received, based on the earning process being complete and the revenue being earned.
Loan Agreement
A contract between a borrower and a lender outlining the terms and conditions of a loan.
Events of Default
Specific conditions or circumstances outlined in a loan agreement or bond indenture that, when occurring, grant the lender the right to demand early repayment or take other corrective actions.
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