Faithful representation Faithful representation is an accounting concept (or principle) that entails that an entity's financial statements shall be prepared...

In the context of accounting estimates, it is the susceptibility of the estimate and related exposures to an inherent lack...

An accounting estimate is a monetary amount for which the measurement of value is subject to estimation uncertainty, all in...

A monetary amount for which the measurement of value is subject to estimation uncertainty, all in line with the requirements...

An accounting estimate that is not made on a routine basis or as part of a routine practice or policy....

The rate of interest (discount rate) that the Federal Reserve (the central bank of United States of America) charges banks...

The income that is generated by a paper asset, specifically from the performance (income and capital changes) of its underlying...

Legal entity A legal entity is defined as a individual, group of persons, business or non-business construct that has legal...

An instrument (financial instrument) whose performance does not derive from value changes/ price movement of another instrument or an underlying...

MMI stands for money market instrument; a financial instrument representing a short-term financing vehicle which can be “relatively easily” converted...