Accountable Plan

A plan for reimbursing employees for business expenses. Under this plan, the reimbursement that the employee receives for the expenses is not included in his/her income. Employees are required to account adequately for expenses with records and return any excess reimbursement within a reasonable period of time.

Expenses can include such things as travel, meals, lodging, entertainment, transportation, or any other costs incurred for business purposes. In the past, companies' business expenses were less thoroughly scrutinized. This was partially due to unjustified expenses that were being used as tax write-offs.


Investment dictionary. . 2012.

Look at other dictionaries:

  • Non-Accountable Plan — A system under which a business provides payments to its employees to cover business expenses incurred for meals, travel, transportation, or entertainment, but under which the employee does not have to substantiate the expenses or return advance… …   Investment dictionary

  • Plan of salvation — According to doctrine in several sects of the Latter Day Saint movement, the plan of salvation (also known as the plan of happiness) is a plan that God created to save, redeem, and exalt humankind. The elements of this plan are drawn from various …   Wikipedia

  • Annan Plan for Cyprus — The Annan Plan was a United Nations proposal to resolve the Cyprus dispute, reuniting the breakaway Northern Cyprus with the Republic of Cyprus. The proposal was to restructure Cyprus as the United Cyprus Republic , which would be a federation of …   Wikipedia

  • Canada Pension Plan — The Canada Pension Plan (CPP) is a contributory, earnings related social insurance program. It forms one of the two major components of Canada s public retirement income system, the other component being Old Age Security (OAS). Other parts of… …   Wikipedia

  • Missouri Plan — The Missouri Plan (originally the Missouri Nonpartisan Court Plan, also known as the merit plan, or some variation) is a method for the selection of judges. It originated in Missouri in 1940, and has been adopted by several states of the United… …   Wikipedia

  • National e-Governance Plan — NeGP (National e Governance Plan) is a plan of the Government of India to make all government services available to the citizens of India via electronic media. This plan was an outcome of the recommendations of the second Administrative Reforms… …   Wikipedia

  • Intelligence collection plan — An intelligence collection plan (ICP) is the systematic process used by most modern armed forces and intelligence services to meet intelligence requirements through the tasking of all available resources to gather and provide pertinent… …   Wikipedia

  • Niue Integrated Strategic Plan — These are the strategic objectives of the Niue Integrated Strategic Plan. The plan is formulated in 2003 following wider consultations with all stakeholders. Contents 1 Financial stability 2 Governance 3 Economic development 4 …   Wikipedia

  • Reimbursement Plan — A generic term for several types of plans that reimburse employees for various types of work related expenses. These expenses can include medical, auto, travel, meal and entertainment costs. Reimbursement plans are instituted by employers in… …   Investment dictionary

  • AHP — accountable health plan or partnership; acute hemorrhagic pancreatitis; after hyperpolarization; air at high pressure; aminohydroxyphenylalanine; analytic hierarchy process; approved health plan; Assistant House Physician; hyperpolarizing… …   Medical dictionary

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”

We are using cookies for the best presentation of our site. Continuing to use this site, you agree with this.