Accountant's Glossary
Here at PSVS we are in the trenches every day helping you navigate your way through the various complexities of your accounting-related activities. It is easy to forget that not everyone knows all the accounting-specific terminology we use daily.
We have created this fairly comprehensive glossary to supplement your knowledge and understanding and hopefully answer some of your questions.
Of course, if you have any additional questions send us an email or give us a call: (650) 578-1200.
Values
Concepts or ideas held important or worthwhile.
Vertical Analysis
A method of analysis that requires the restating of each dollar amount reported on a financial statement as a percentage of a base amount reported on the same statement.
Voiding A Check
Canceling a check by writing the word "Void" across the front in ink.
Voluntary Interest Payments
Payments made on a qualified student loan during a period when interest payments are not required, such as when the borrower has been granted a deferment.
