An accounting concept that associates revenue generated in a specific period with all the costs/ expenses incurred or necessary to...

In the income statement (profit nd loss/ PnL) it describes all expenditure (expenses) incurred by a firm before taxes and...

In the income statement (profit nd loss/ PnL) it describes all expenditure (expenses) incurred by a firm before taxes and...

Items of financial statements that have a financial impact, though not directly related to the core business/ operations of a...

Disclosures that relate to financial information not appearing in the core accounts of a business (balance sheet, income statement, and...

In the income statement (profit and loss/ PnL) it describes income and expenditure (expenses) after taxes and other non-operating items,...

It stands for below the line; in the income statement (profit and loss/ PnL) it describes income and expenditure (expenses)...

Disclosures that relate to financial information not appearing in the core accounts of a business (balance sheet, income statement, and...

An accounting basis of recording transactions and events whereby recognition of revenues and expenses takes place when an economic exchange...

An accounting basis of recording transactions and events only when cash receipt/ payment is involved. More specifically, cash accounting is...