Definition of "intangibles" differs from standard accounting, in some US state governments.

Filling in your return for the scheme is different to filling in a return using standard accounting, although some boxes are the same.

Likewise, the Monets of the fashion world insist that standard accounting fails to capture their creations' true worth.

In point of fact it is a practice adopted by the fraudulent rather than standard accounting.

Under standard accounting for VAT, you have to pay the VAT on the debt even if you never receive the payment from your customer.

Using standard accounting, Computer Associates reported that revenues fell to $713 million, from $1.14 billion in the same period a year ago.

Paul Leland Haworth, The Hayes-Tilden Disputed Presidential Election of 1876, (1906) The standard accounting.

That method allows Computer Associates to double-count some sales that it has already made and makes the company's profits appear far larger than they do under standard accounting.

What the companies are doing is not illegal, as long as they use standard accounting in their reports to the Securities and Exchange Commission.

Like other types of pollution, this does not enter standard accounting of market costs, being conceived as externalities for which the market cannot account.