The process of establishing a particular path or direction for an item (of a financial statement) towards final destination of recognition. For example, a gain or loss arising from a specific type of sale/ disposal may not be recognized in profit or loss but in equity either by routing it through other comprehensive income (OCI) or directly in equity as the case might require.
Notice: Undefined variable: myString in /hermes/bosnacweb04/bosnacweb04ai/b1550/ipg.lantanasolutionsbh98965/fincyclopedia/wp-content/themes/independent/template-parts/post/content-single.php on line 41
Comments