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...

An enhanced version of historical cost (HC) where specific assets/ liabilities are recognized at current value to reflect changes in...

An enhanced version of historical cost (HC) where specific assets/ liabilities are recognized at current value to reflect changes in...

A general concept that draws a dividing line between issues/ events that are important and issues that are not for...

The date at which the value of an asset/ a liability (or broadly, an item) is determined taking into consideration...