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Non-Audit Service

A service (that can or cannot be offered by an accounting/ audit firm) other than annual financial statements audit, including...

Net Worth Ratio

A ratio that relates tangible net worth to total tangible assets. It reflects the extent to which tangible assets are...

Nonmonetary Item

An item of financial statements (of an entity) that is not a monetary item- that is, it cannot be quickly...

Non-Monetary Item

An item of financial statements (of an entity) that is not a monetary item- that is, it cannot be quickly...

NCO

It stands for net charge-off; the difference between the amount of gross charge-offs (GCO), or simply charge-offs, and any recoveries...

Net Charge-Off

The difference between the amount of gross charge-offs (GCO), or simply charge-offs, and any recoveries of a delinquent debt. The...

NGW

It stands for negative goodwill; a situation that occurs when an entity acquires another or its assets (business combinations) for...

Negative Goodwill

A situation that occurs when an entity acquires another or its assets (business combinations) for a price lower than its...

Non-Physical Asset

An asset that has no physical aspects/ features. Non-physical assets include goodwill, brand awareness (assets corresponding to brand equity), and...

Net Tangible Assets

An entity's total assets less intangible assets such as goodwill, all liabilities and the par value of preferred stock. Intangible...