Market Interest Rates Definition

What do you mean by the market interest rates? The interest rates that the money market establishes through hundreds of individual transactions; and that depends on such factors as prevailing interest rates in the economy and the perceived risk of the individual company.

Matching Convention Definition

What is Matching Convention? Matching Convention is the basic rule underlying accrual accounting. Revenues are recognized as earned. All expenses incurred in earning those revenues are reported also in the period in which those revenues are recognized.