The needs of a wide range of users of an entity's financial statements (general purpose financial statements, GPFSs) to information,...
An entity, weather organized in a corporate form or otherwise, that is engaged in profit-making activities including commercial, industrial, financial,...
An entity, weather organized in a corporate form or otherwise, that is engaged in profit-making activities including commercial, industrial, financial,...
An accounting rule that an entity applies to govern specific classification and measurement considerations in all cases, excluding a substantiated...
A period of time during which an accounting/ audit firm has to maintain the rule of independence when a member...
The cost of an asset that is calculated on the basis of its current replacement cost. The current cost approach...
The exit value that an entity expects to obtain from selling an asset/ business (or broadly an economic resource) or...
An exit value that reflects the present value or the amount at which an asset could be sold or a...
The exit value that an entity expects to obtain from selling an asset/ business (or broadly an economic resource) or...
A transaction or other event that involves an acquisition by an entity (known as an acquirer- an investor entity) of...