It stands for realizable cost savings (or realized cost savings); the amount by which the current cost of the assets...
The amount by which the current cost of the assets held by an entity in the current period increases. This...
A sort of deprival value for a liability (only used for the measurement of specific types of liabilities). It is...
The ability of financial information to be verified (verifiability) and applied to the benefit of users of financial statements, delivering...
An accounting rule that an entity applies to govern specific classification and measurement considerations in all cases, excluding a substantiated...
The currency in which the financial statements of an entity are prepared and presented. It is the currency that an...
It stands for replacement value; the replacement value of an asset is the cost that entity (broadly, the user) has...
A type of control that governments and other public sector bodies, including supranational organizations, may have by virtue of their...
Money that is owned to an entity by its customers for economic resources (goods/ services) that have been sold and...
The gains/ losses that arise from selling an equity security/ instrument, being the difference between the original acquisition price and...