An audit that is carried out by an external auditor as per the requirements of a statute- a statute is...
A ratio that relates tangible net worth to total tangible assets. It reflects the extent to which tangible assets are...
A claim to a share of earnings left over after debt obligations have been settled. In general, equity claim represents...
The process of conducting financial audits and other checks for the purpose of verifying whether the costs presented in the...
The process of conducting financial audits and other checks for the purpose of verifying whether the costs presented in the...
A cost item/ expenditure from which an entity expects no further benefits, and hence it is said to be "expired"....
A faulty recognition, measurement, presentation or disclosure of an element/ item or more of previously issued financial statements (statements of...
A profitability measure that consists of an entity's operating profit (OP) or operating income (OI) net only of all relevant...
It stands for earnings before interest and taxes; a profitability measure that consists of an entity's operating profit (OP) or...
It stands for event of default; an occurrence that allows a creditor (lender) to identify a debtor's (borrower's) unlikeliness to...