A complete or condensed financial report/ financial statement that is prepared for a period shorter than a financial year (accounting...
The amount (on an entity's books) that is attributed to a liability for tax purposes. It constitutes the carrying amount...
The amount (on an entity's books) that is attributed to an asset for tax purposes. This amount will be deductible...
For an asset, it is the amount (on an entity's books) that is attributed to it for tax purposes. Likewise,...
In relation to an entity's relationship with an investee, significant influence refers to the power to influence the financial and...
In connection with an audit report (auditor's opinion) on an entity's financial statements and accounts, true and fair view is...
It stands for conceptual framework; a collection of fundamental concepts for general purpose financial reporting that is developed and used...
It stands for true and fair override; a provision/ condition (embedded in accounting standards) that calls for departure from the...
A provision/ condition (embedded in accounting standards) that calls for departure from the requirements of a specific standard when compliance...
A provision/ condition (embedded in accounting standards) that calls for departure from the requirements of a specific standard when compliance...