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

An account that has no accounting function, but rather is an information account that is used for clarification and explanation...

A document or a note (typically, an explanatory note) that is created to ensure that transactions or notes pertaining to...

The information that is provided alongside an entity's financial statements or general ledger entries as a certain explanation or clarification...

A type of accounting tag that is used for requisitions. Multiple Line tags are now used in place SpeedCharts, and...

The base or basis that is used, in accounting, for measurement of value. The value of an element (e.g., an...

A increase in cost of one alternative over the cost of another. In other words, it constitutes the change in...

An accounting error (error) that arises from incorrect, false or misleading information that “materially” (excessively or to a great extent)...

A measurement or recognition inconsistency (mismatch) that arises from using different measurement models for asset or liability values or different...

It stands for modified historical cost; an enhanced version of historical cost (HC) where specific assets/ liabilities are recognized at...