Z-Score

Z-Score
The Z-Score is a multivariate formula developed by Edward I. Altman in 1968 that measures the likelihood of business failure using multiple discriminant analysis. The UK variant was introduced by Richard J. Taffler in 1983.

Accounting Terms Lexicon

Discover comprehensive accounting definitions and practical insights. Empowering students and professionals with clear and concise explanations for a better understanding of financial terms.