Dear All, Can someone explain what does "each accounting fund" means? Specifically the definition behind accounting fund. I am unable to find anything on Google. Appreciate the help. Cheers!
Hi Teacher's Pet, There are a number of possibilities for different accounting funds. Here are a few examples: with-profits / without-profits business long-term / short-term business life / pensions business different countries (for multinationals) different companies in a group I hope that helps!
