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cumulative effect of an accounting change Finance Definition
The effect that the implementation of a new accounting principle would have had on net income in previous periods had it been used then. Accounting rules require that changes in accounting systems or principal must be included in financial statements in order to compare results with and without the change.

Browse dictionary entries near cumulative effect of an accounting change

  1. ‹ cumulative dividends
  2. ‹ cumulative
  3. ‹ cumulate
  4. ‹ cumshaw
  5. ‹ cumquat
  6. ‹ Cummings
  7. ‹ cummerbund
  8. ‹ cummer
  9. ‹ cumin
  10. ‹ cumbrous
  1. cumulative preferred stock ›
  2. cumulative voting ›
  3. cumuliform ›
  4. cumulonimbus ›
  5. cumulous ›
  6. cumulus ›
  7. Cunaxa ›
  8. cunctation ›
  9. cuneal ›
  10. cuneate ›