Amyloidosis is a group of diseases that are a consequence of abnormal protein deposits in various tissues of the body. These abnormal proteins are called amyloid.
DEFINITION of 'Accountant's Liability'. An accountant's legal liability while performing professional duties. An accountant is liable for a client's accounting misstatements. This risk of being responsible for fraud or misstatement forces accountants to be knowledgeable and employ all applicable accounting standards.
When a bank receives a deposit it credits a liability account called deposits and debits the depositor's bank account for the same amount (the bank's deposits account is the sum of all of the amounts credited to all of its customer's individual bank accounts).he accounting equation relates assets, liabilities, and owner's equity : The accounting equation is the mathematical structure of the balance sheet. Probably the most accepted accounting definition of liability is the one used by the International Accounting Standards Board (IASB).