In accounting, and in relation to the defined benefit obligations of an entity, service cost is the total cost an...
Generally, it is the date a transaction is completed, i.e., the date that performance (the actual exchange: money vs asset...
The value of an asset or a group of assets or a project if the asset(s) or the project's assets...
A transaction (contrary to a non-exchange transaction) in which an entity receives assets or services from another and directly gives...
A transaction (contrary to a non-exchange transaction) in which an entity receives assets or services from another and directly gives...
A transaction that is not an exchange transaction. In other words, it is a transaction whereby an entity either receives...
A liability that results from a non-exchange transaction. It is a liability incurred by an entity without directly receiving any...
For an asset, it is the price (exit price) that an entity received or would have received some time back...
For an asset, it is the price (entry price) that an entity paid or would have had to pay some...
An arrangement/ technique that aims to create a misleading impression about the financial position of an entity. For example, this...