A liability that is not a current liability. By nature, it is a liability (financial obligation) that is not due...
It stands for accounting rate of return; a method that is used as part of capital budgeting decision making whereby...
A method that is used as part of capital budgeting decision making whereby a rate of return for a project...
Earnings of an entity as reported and presented in its statement of income (SOI). Accounting earnings, also known as net...
It stands for comprehensive income; a measure of income (accounting income) that consists of an entity's regular income, i.e., net...
A measure of income (accounting income) that consists of an entity's regular income, i.e., net income (NI), as reported on...
The ease and quickness with which non-monetary assets (generally, all types of assets excluding monetary assets) can be converted to...
A situation that occurs when an entity's total book liabilities (liabilities recognized in book value) exceed the total book value...
A situation that arises when accounting revenues/ revenues equal (i.e., break even with) accounting expenses/ expenses, making net income (and...
A category of an entity's assets that are held for the sole purpose of use, either in a direct way...