Accounting concept that provides context or "point of view" for the economic events (i. E., transactions) captured by the financial statements. In short, it answers the questions, "Whose asset is it"; "Whose liability is it".
Barry Goldsmith
| APA | Barry Goldsmith. (2010). economic entity. Retrieved September 27, 2026, from http://smartdefine.org/economic_entity/definitions/1152687 |
| Chicago | Barry Goldsmith. 2010. "economic entity" http://smartdefine.org/economic_entity/definitions/1152687 (accessed September 27, 2026). |
| Harvard | Barry Goldsmith 2010, economic entity, Smart Define, viewed 27 September, 2026, <http://smartdefine.org/economic_entity/definitions/1152687>. |
| MLA | Barry Goldsmith. "economic entity" 21 October 2010. Web. 27 September 2026. <http://smartdefine.org/economic_entity/definitions/1152687> |