A system in which an entity's cost accounts are maintained separately and distinctly from its financial accounts, and the two...

An entity's total earnings (revenue) after subtracting all its expenses (mainly, costs of core operations as well as depreciation and...

A depreciation that involves an increase in the value of a fixed asset over time, rather than a decrease as...

An economic depreciation that reflects an increase in the cash flows or capital return generated, or expected to be generated,...

A form of an entity's income/ revenue that corresponds to all gains or losses from non-operational sources- i.e., not related...

A form of an entity's income that corresponds to all gains or losses from non-operational sources- i.e., not related to...

In accounting, a non-recurring item is an infrequent or abnormal gain or loss/ charge that is reported on an entity's...

A category of charges/ expenses that do not directly relate to core operations/ activities. These charges arise from non-recurring events...

A category of costs/ expenses that do not directly relate to core operations/ activities. These costs do not qualify as...

An acronym for non-cash charge; an expense/ charge that does not involve a cash transaction- that is, it constitutes no...