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.
by Rob717 June 23, 2022
Get the Accounting Debtmug. by 1234579 December 28, 2020
Get the Accountmug. by NowTomorrowLater September 2, 2024
Get the Blue accountmug. A pathetic fake second account used by people shunned by society for the purpose of watching people who have ostricized them. It is as sad as it sounds; they're watching people who don't want them around from the anonymnity of the internet. In real life you'd get arrested.
GET A LIFE JEFF/DONNY/BRAIN/ETC
GET A LIFE JEFF/DONNY/BRAIN/ETC
"It joined at the same time as that troll and they know what's being said in the room. It's definitely their spy account."
by [CaveJohnson] September 21, 2023
Get the spy accountmug. "We should cover the galvanized square steel with eco Friendly wood veneer. I love using a specific type of steel and a specific type of wood veneer to expand my home! Thanks to home design (the account)!"
by Stars made of galvanized steel June 2, 2024
Get the home design (the account)mug. by vaperion March 25, 2019
Get the I WILL DDOS YOUR DISCORD ACCOUNTmug. I want to live a more respectable life, I'm going to practice dishes accountability. Also see dishes negligence spoonless creep
by kitchenspazz May 27, 2016
Get the dishes accountabilitymug.