An accounting standards' requirement that an entity's financial statements should be presented in a fair way to all relevant users...

The risk of financial loss that arises from a possible future change in a financial/ economic variable or more, such...

It stands for framework; a collection of fundamental concepts for general purpose financial reporting that is developed and used by...

A collection of fundamental concepts for general purpose financial reporting that is developed and used by a standards-setter as a...

The risk that arises from potential fluctuations in the fair value (FV) or future cash flows of a financial instrument...

The amount (fair value) for which an equity instrument granted is exchanged between well-informed, willing parties (e.g., issuer-grantee) in an...

A financial transaction whereby an entity sells or transfers title to its accounts receivable (A/R) to a third party (known...

It stands for fair value reserve; a reserve that captures the cumulative net change in the fair value of an...

It stands for fair value reserve; a reserve that captures the cumulative net change in the fair value of an...

A reserve that captures the cumulative net change in the fair value of an asset as long as it is...