Home : Terms : Article : Calculators Advertising : Contact us
Home > Terms > Accounting > Plan Of Financial Adjustment

Term: Accounting -> Plan of Financial Adjustment
Term:

Plan of Financial Adjustment

Definition:

A plan proposed by a department, reviewed by Finance, and accepted by the Controller to permit the Controller to transfer monies from one item to another within a department's appropriations. A PFA might be used, for example, to allow the department to pay all administration costs out of its main fund and then to transfer into that fund appropriate amounts from its other funds for their shares of the costs paid. The Controller transfers the funds upon receipt of a letter from the department stating the amount to be transferred based on the criteria for cost distribution in the approved PFA.

Related terms:

Imprest System

Legacy System

Useful articles:
»Competitive Advantage
»Effective Use of Booth Signage Increases Quality Leads
»How To Out Advertise Your Competitors On A Shoestring Budget
»6 Reasons Why E-commerce Sites Fail


Car Cost
Student Loan
Balance Sheet


Browse by categories
Accounting
Advertising
Banking
Bankruptcy
E-Commerce
Economics
Finance
Law
Investment
Insurance
Marketing
Real estate
Statistic
Trade
Purchasing


ABCDEFGHIJKLMNOPQRSTUVWXYZ

Featured Articles:
E-commerce
Not long ago, industry pundits were touting B2B marketplaces or exchanges as Internet era panacea for productivity and cost-cutting problems of corporate world. Buoyed by excessive investor interes... [ more... ]
Negotiation
Let me tell you about my pet subject: When you're selling your product or service, money is way down the list of things that are important to the other side.

First, we'll talk about so... [ more... ]

Career
Books. Audio albums. Video demos. CD-ROM. Interactive education instruments. Training-in-a-box. Learn anytime, anywhere. At your own pace.

Much is written, most of it true, about the impo... [ more... ]

  Disclaimer | Privacy | Terms of useCopyright © 2004-2005 E-terms.com