A type of intangible asset that is primarily assigned for marketing purposes and promotion of products or services offered by...

For a manufacturer, it is a type of control account that tracks and control the indirect manufacturing costs (overhead costs)...

A type of financial assets (unrestricted, short-term financial instruments) that can be easily traded in the market (a public stock...

In accounting, misstatement may come in varying degrees, including mainly material misstatement and immaterial misstatement. Material misstatement arises from the...

A situation that arises when a transaction or event has not been recorded or treated correctly in an entity's financial...

An accounting method that is based on marking to market (M2M) technique,  particularly the use of fair value (FV) in...

An accounting method that is based on marking to market technique,  particularly the use of fair value (FV) in recognizing...

An asset or liability whose value is stated in monetary terms that will not change (or that are expected not...

Also, memorandum account; an account that has no accounting function, but rather is an information account that is used for...

An accounting entry that gives rise to no debit and credit effects and is made for the sole purpose of...