by Hacked Account December 31, 2021
Hacked Account
by Hacked Account December 31, 2021
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
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?!"
"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?!"
by jojo_03 February 11, 2024
An accountant is usually an indoor type, therefore is not accustomed to the outdoor world. In times of crisis an accountant, when doing a shit job, will be banished to the outdoors to live amongst the wilder.
by baaailelleee January 26, 2024
A ship account is a tiktok account made by someone from the same grade/class that makes videos about other people in the grade and shipping them together.
Yo you heard about the account that's shipping people from our grade on tiktok
"Yeah bro I hate those ship accounts"
"Yeah bro I hate those ship accounts"
by JayGfromQueens September 13, 2023
During winter months, you should always maintain an oversneeze bank account to ensure dat other folks in your household don't "blow through" your entire supply, and dat you'll therefore still have some to use for your own copiously-draining nasal-works.
by QuacksO October 16, 2021