A measure of receivables (accounts receivable) of an entity that represents the amounts owed to it by its customers for...
A measure of receivables (accounts receivable) of an entity that represents the amounts owed to it by its customers for...
An accounting term that is derived from the Latin word 'creditum' which means "to trust or entrust". Credit is a...
An accounting term that comes from the Latin word "debere", which means "to owe". Debit is a journal entry that...
The transactions that an entity carries out involving income and expense items. Examples of financing activities or transactions include issuing…
An accounting transaction (and an element of an entity’s income statement) that reflects the consumption of an asset (broadly, an...
A liquidity ratio that expresses the ability of a company to meet its current obligations. It is a measure of…
A liquidity ratio that expresses the ability of a company to meet its current obligations. It is a measure of…
An abbreviation for lower of cost or net realizable value (NRV); it is an approach that aims to avoid reporting...
Total financial assets (TFAs) are the sum of all financial assets owned by an entity, in all their types and...
