Accounting Topics

The On-Topic Netowork

Accounting > Basis

The following information is about Basis.

Basis Defined

generallyis that figure or value that is the starting point in computing gain or lossdepreciationdepletionand amortization of a company. Specificallyit is the financial interest that the Internal Revenue Service attributes to an owner of an investment property for the purpose of determining annual depreciation and gain or loss on the sale of the asset. If a property was acquired by purchasethe owner's basis is the cost of the property plus the value of any capital expenditures for improvements to the propertyminus any depreciation allowable or actually taken. This new basis is called the ADJUSTED BASIS.in investmentsis the cost or book value of an investment. The gain or loss on an investment is the sale price less the basis. Basis is often called "cost basis."

This definition is in context to Accounting. See more contextual defintions for Basis.


Are you looking for additional Accounting > Basis news? Try our new "Basis News Focus" area.

Off-site Basis Links, User Submitted

The following links have been collected through user bookmark submission in the Basis category. Please note, because these resources are off-site we cannot guarantee the accuracy or quality of any information.

Sat Jul 4

Fri Jul 3

  • investments: site pages have investment articles on bond mutual funds.

Thu Jul 2

Tue Jun 30

  • Discover Ayurveda: Comprehensive information on Ayurveda. Covers introduction to Aurveda, Basis for Ayurvedic Philosophy, Key concepts of Ayurveda, Concept of the Six Tastes, ...

Mon Jun 29

If you would like to find additional social bookmark based links on the topic of we recommend the Open Tag Directory > Basis. If you would like to find related tags we recommend Tag Patterns > Basis

Off-site Basis Research Links

If you still need additional information on Basis then we suggest the following off-site resources. Please note, because these resources are off-site we cannot guarantee the accuracy or quality of any information.

Accounting

If you know the Accounting Term Name use the links below to quickly jump to your desired focus.



Bookmark Us

The On Topic Network

This website is part of The On Topic Network.

Thank You

Accounting.On-Topic.net was developed by Odin Metatech, Inc and runs on the Odin Assemble platform.

License

Creative Commons License This work is licensed under Creative Commons.


Your Ad Here
Your Ad Here

Powered by Odin Assemble 2.5a