Accounting Council

Accounting Council A body established in 2012 to take over certain functions of the former Accounting Standards Board. Its main role is to advise its parent body, the Financial Reporting Council (FRC), on matters of accounting and financial reporting policy. Responsibility for issuing Financial Reporting Standards now belongs to the FRC, although the Accounting Council plays a role in their development.

• stakeholders
• stale bull
• stale cheque
• stalemate industry
• stamp duty
• stamp duty land tax
• stamp duty reserve tax
• Standard and Poor’s 500
• standard application blank
• standard cash flow pattern
• standard cost allowance
• standard costing
• standard deviation
• standard direct labour cost
• standard direct labour rate
• standard direct materials cost
• standard direct materials price
• standard fixed overhead cost
• standard hour
• Standard Industrial Classification
• standardization strategy
• standardized marketing mix
• standard marginal costing
• standard materials usage
• standard mix