Severance pay is a payment made by the employer when the employee is separated from the job. severance pay was not used to determine a workerâs eligibility for unemployment benefits. benefits. payable in the weeks to which the severance payment is allocated or distributed.
forensic accounting. Definition. A method of accounting that deals with financial procedures that have been challenged or charged as illegal. One example of forensic accounting is examining insurance fraud claims. Related Terms.
Example of a receipt. In the context of accounting, a  source document  is any form of paper record that is produced as a direct consequence of a financial transaction, and as a result, is evidence that the transaction has taken place.Accounting source documents come in many different forms fior example:xample of a receipt. In the context of accounting, a  source document  is any form of paper record that is produced as a direct consequence of a financial transaction, and as a result, is evidence that the transaction has taken place. Accounting source documents come in many different forms fior example: