Financial reporting that aims to accommodate the common information needs of a variety of users, rather than a specific set...
It stands for effective interest method; an method/ technique whereby the amortized cost of a financial asset or a financial...
An method/ technique whereby the amortized cost of a financial asset or a financial liability is calculated to the effect...
An accounting ratio that relates an entity's current assets, liquid assets, or highly liquid assets (absolute liquid assets) to its...
The amount that results from deducting cash sales from total sales. In other words, it is equal to the net...
A method of accounting whereby an entity recognizes its income and expenses on the general ledger on a cash basis-...
A method of accounting whereby an entity recognizes its income and expenses on the general ledger on an accrual basis-...
A party to a joint operation that enjoys joint control (as to the joint arrangement) and as a result has...
A joint arrangement that confers on the parties (known as joint operators) enjoying joint control (as to the arrangement) specific...
It stands for intrinsic value; in the context of options (stock options) and similar instruments (tradable and non-tradable), it is...