A reserve (reserve account) that an entity creates out of its profits for any currently specified or unspecified future purpose....

A set of accounting concepts, principles, assumptions and conventions which provides the conceptual basis or framework for financial accounting book-keeping...

An accounting concept that considers an entity to continue in business indefinitely or for the foreseeable future (a minimum period...

An accounting assumption that holds that an entity would continue in business indefinitely or for the foreseeable future (a minimum...

It stands for gross carrying amount; the amortized cost of an asset, before adjusting for any loss allowance (without deduction...

The amortized cost of an asset, before adjusting for any loss allowance (without deduction for expected credit losses/ ECL). Revaluation...