The sale of assets, such as inventory items, securities and property, in a hurry and typically at a loss (at...
A financial asset is derecognized (removed from an entity's accounts/ financial statements) when the contractual rights to receive the cash...
An amount that is deemed to be a representative (surrogate) of cost or depreciated cost at a specific date, for...
It stands for deferred tax liability; the sums of income taxes that an entity expects to pay in future periods...
The sums of income taxes that an entity expects to pay in future periods in relation to taxable temporary differences....
It stands for deferred tax asset; the sums of income tax that an entity can recover in the future. These...
The sums of income tax that an entity can recover in the future. These income taxes are typically recorded as...
A decrease in earnings per share (EPS) or an increase in loss per share (LPS) that results from the possibility...
It stands for depreciated replacement cost; the depreciated replacement cost of an asset is the current replacement cost of the...
The depreciated replacement cost of an asset is the current replacement cost of the asset, less accumulated depreciation (computed on...