A type of ledger that records detailed accounting information (such as transaction information) that is not usually reported or shown,...
A type of ledger that records detailed accounting information (such as transaction information) that is not usually reported or shown,...
A type of account that is controlled by a single account known as a control account. This account is part...
In accounting, gross basis is a type of treatment whereby an entity accounts for, and recognizes/ presents, its financial statement...
It stands for gross charge-off; the amount of finance (loans extended) that is not recovered by a lender (e.g., a...
The amount of finance (loans extended) that is not recovered by a lender (e.g., a bank). In other words, it...
It stands for allowance for loans and lease losses; an allowance (specifically, a valuation allowance) that created against an entity's...
An allowance (specifically, a valuation allowance) that created against an entity's total loans held for investment and lease financing receivables....
It stands for current expected credit losses; expected credit losses (ECLs) that are estimated over the life of a financial...
Expected credit losses (ECLs) that are estimated over the life of a financial instrument (loans, debt securities, etc.), while being...