Fair value accounting estimates Fair value accounting estimates are those accounting estimates made using a method of measurement prescribed by...

It stands for investment fluctuation reserve; a type of reserve that is created and maintained as a cushion against any...

A type of reserve that represents amounts of money set aside to be used for payment of warranty claims made...

Written representations defined Written representations represent a written statement that is served by an entity’s management to its auditors with...

Concept of management bias Management bias is typically defined as a lack of neutrality by an entity’s management as to...

Concept of estimation uncertainty In the context of accounting estimates, estimation uncertainty refers to the susceptibility of the estimate and...

In accounting, it is a transaction (see: transaction classes) reflecting recurring financial activities recorded in the books of account of...

A bond that is adjusted with inflation. A linker is designed as a hedging tool for holders (investors) against inflation....

It stands for inflation-linked bond; a bond that is adjusted with inflation. An ILB is designed as a hedging tool for...

The risks that are associated with the settlement of foreign exchange (FX) transactions. The inability to settle or timely settle...