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Common Control Transaction

A transfer of assets (net assets) or an exchange of equity interests among entities (two entities or more, one being...

Current CEV

The exit value of an asset is the monetary amount (CEV, cash equivalent value) that the asset could be exchanged...

Current NRV

The exit value of an asset is the monetary amount (NRV, net realizable value) that the asset could be exchanged...

Historical Exit Value

A measure of value that represents the value obtained- in the past  (i.e., the price received in a past transaction)...

Current Net Realizable Value

The exit value of an asset is the monetary amount (net realizable value) that the asset could be exchanged for...

Current Cash Equivalent Value

The exit value of an asset is the monetary amount (cash equivalent value) that the asset could be exchanged for...

Exit Value of an Asset

The exit value of an asset is the monetary amount that the asset could be exchanged for if sold currently...

Conservatism

An accounting principle that calls for the financial statements of an entity to reflect and represent the most conservative figures...

Basket Purchase

The purchase of a number of assets together, usually for a better price (reduced price) than would be obtained on...

Cost Principle

The measurement principle that requires reporting values on financial statements by referring to historical cost (HC)- as a measure of...