An accounting principle that entails that for each credit/ debit entry made in one account, there is a corresponding entry…

An accounting principle that entails that for each credit/ debit entry made in one account, there is a corresponding entry…

An accounting principle that entails that for each credit/ debit entry made in one account, there is a corresponding entry…

An approximation to the fair value (FV) as a measurement base (for assets and liabilities). Such a measure is resorted...

An accounting term that comes from the Latin word "debere", which means "to owe". Debit is a journal entry that...

The profits/ gains that are recognized (at the time of initial recognition) as the difference between a transaction price (in...

A reserve (type of a specific reserve) that is created specifically for the purpose of ensuring  stability of an entity's...

It stands for dividend equalization reserve; a reserve (type of a specific reserve) that is created specifically for the purpose...

A reserve (type of a specific reserve) that is created specifically for the purpose of ensuring  stability of an entity's...

Specific information that is provided in the footnotes to an entity’s financial statements. These notes carry certain important facts about...