It stands for cost of goods sold; a cost measure that represents the direct costs of producing the goods sold...
The amount/ value at which an asset is recognized after deducting any accumulated depreciation (for physical assets) / amortization (for...
The amount/ value at which an asset is recognized after deducting any accumulated depreciation (for physical assets) / amortization (for...
The information that is used to compile and present an entity's financial statements for a given period and other related...
Comparative information (figures/ amounts and other disclosures) relating to the prior accounting period that are used as an integral part...
A type of reserve that is set aside (out of retained earnings) as a cushion against possible future losses, foreseen...
The smallest identifiable group of assets that generates its own cash inflows. In other words, this unit (or group of...
It stands for cash generating unit; it is the smallest identifiable group of assets that generates its own cash inflows....
Generally, it is a liability that is currently due for payment. More specifically, it is a debt that an entity...
An asset that cant be realized or is intended to be sold or fully utilized in a normal operating cycle...