Money that is owned to an entity by its customers for economic resources (goods/ services) that have been sold and...

An event, favorable or unfavorable, that takes place after the reporting period, specifically between the end of the period and...

The revision and re-release of the financial statements of a prior period because of changes in accounting principles arising out...

The effect of a situation opposite to dilution. Specifically, it denotes an increase in earnings per share (EPS) or a...

The effect of a situation opposite to dilution. Specifically, it denotes an increase in earnings per share (EPS) or a...

The act/ process of setting aside money for a specific use/ purpose. For example, reserves are created by setting aside...

Those retained earnings (RE)- i.e., retained profits- of an entity puts set aside (appropriates/ by appropriation) for a specific use...

A method of accounting whereby an entity recognizes its income and expenses on the general ledger on an accrual basis-...

An entity (investee) over which an investor can exercise significant influence (but not control, as is the case with a...

The amortization of bond discount is the allocation of the discount over the remaining life of the bonds to account...