An event, favorable or unfavorable, that takes place after the reporting period, specifically between the end of the period and...

The amount of an entity's net assets (net asset value) that each individual share reflects and would be worth. In...

The amount by which the total assets of an entity/ business exceed its total liabilities. In other words, net assets...

An expense/ charge that does not involve a cash transaction- that is, it constitutes no cash outflows during the accounting...

An expense that does not involve a cash transaction- that is, it constitutes no cash outflows during the accounting period....

A type of intangible assets that are assigned for internal use (rather than other external use intangibles such as patents,...

The amount that results from deducting cash sales from total sales. In other words, it is equal to the net...

It has many meanings in different contexts. It may stand for nominal value; a measure of value of assets and...

A measure of value of assets and liabilities. For an asset, it is its unadjusted value that does not take...

A goodwill that is not deductible for tax purposes- that is, accounting for goodwill is carried out on the basis...