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Definitions for turf accountant. Here are all the possible meanings and translations of the word turf accountant. Wiktionary(0.00 / 0 votes)Rate this definition: turf accountant(Noun) A bookmaker (gambling)
DEFINITION OF DERIVATIVES AS PER ACCOUNTING STANDARDS. As per US GAAP. As per the US GAAP Accounting Standard, a derivative instrument is defined as follows: A derivative instrument is a financial instrument or other contract with all three of the following characteristics: