Regulatory Accounting Procedures (RAP)

Business / Finance / Regulatory Accounting Procedures (RAP): Accounting principles required by the FHLB that allow S&Ls to elect annually to defer gains and losses on the sale of assets and amortize these deferrals over the average life of the asset sold.

Purchase Accounting

Business / Finance / Purchase Accounting: Method of accounting for a merger that treats the acquirer as having purchased the assets and assumed the liabilities of the acquiree, which are then written up or down to their respective fair market MORE

Price Change Accounting

Business / Accounting / Price Change Accounting: Accounting for the value of assets, stock, raw materials etc. by their current market value instead of the more traditional Historic Cost . MORE

Real Estate Settlement Procedures Act (RESPA)

Business / Real Estate / Real Estate Settlement Procedures Act (RESPA): A federal law, enacted in 1974 and later revised, that ensures that the buyer and seller in a real estate transaction have knowledge of all settlement costs when the purchase of a one-to-four-family r MORE

Reasonable Academic Progress (RAP)

Life Style / College / Reasonable Academic Progress (RAP): the South Carolina Lottery Tuition Assistance has its own academic progress standards called Reasonable Academic Progress (RAP). Students must satisfy the RAP requirements listed below in order to be MORE

Regulatory Accounting Procedures (RAP)

Business / Finance / Regulatory Accounting Procedures (RAP): Accounting principles required by the FHLB that allow S&Ls to elect annually to defer gains and losses on the sale of assets and amortize these deferrals over the average life of the asset sold. MORE

Policy-Procedures Manual

Business / Human Resources (HR) / Policy-Procedures Manual: A detailed written document designed to assist managers and supervisors in carrying out their day-to-day responsibilities by acquainting them with all of the organization's policies and the procedures MORE

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