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GL

In accounting, GL stands for general ledger; a bookkeeping ledger in which accounting figures (related to transactions and events) are...

Gross Basis

In accounting, gross basis is a type of treatment whereby an entity accounts for, and recognizes/ presents, its financial statement...

GCO

It stands for gross charge-off; the amount of finance (loans extended) that is not recovered by a lender (e.g., a...

Gross Charge-Off

The amount of finance (loans extended) that is not recovered by a lender (e.g., a bank). In other words, it...

GL

It’s stands for general ledger; a bookkeeping ledger in which accounting figures (related to transactions and events) are recorded as…

General Ledger

A bookkeeping ledger in which accounting figures (related to transactions and events) are recorded as derived from journals and aggregated…

GFA

Gross financial assets (GFAs) (total financial assets) are the sum of net financial assets (NFAs) and financial liabilities of an...

Gross Financial Assets

Gross financial assets (GFAs) are the sum of net financial assets (NFAs) and financial liabilities of an entity. In a...

Goodwill Write-Off Reserve

A reserve (a special reserve) that is created to amortize (write off) an entity's goodwill. Goodwill arising on a business...

Guidance

A set of principles and directions that govern a specific aspect of accounting for an entity, product, instrument, transaction, event,...