A measure of cost that reflects the total direct costs of a production process, including raw materials and labor (direct...

The process of converting (translating) the financial results of a parent entity's foreign subsidiaries and operations into figures expressed in...

A hedge that accounts for the changes in the fair value (FV) of a recognized asset or liability or that...

It stands for full payout lease; another term for capital lease; a lease in which a lessor finances the leased...

Another term for capital lease; a lease in which a lessor finances the leased asset while the other rights of...

An accounting adjustment to the fair value (FV) of an item (an asset/ a liability) so that it is marked...

An accounting adjustment to the fair value of an item (an asset/ a liability) so that it is marked to...

Broadly defined, it is a liability that results in an outflow of monetary assets or other financial assets. Specifically, it...

An option that allows an entity to change its financial year (reporting year) to accommodate certain seasonality effects in business...

It stands for fiscal year option/ financial year option; an option that allows an entity to change its financial year...