A type of intangible assets that are assigned for internal use (rather than other external use intangibles such as patents,...
A type of intangible assets that are assigned for internal use (rather than other external use intangibles such as patents,...
An asset that has no physical substance. Typically, intangible assets are non-physical and non-monetary assets. For example, marketable securities and...
A qualitative characteristic of financial information that is provided in financial statements and financial reporting by an entity. It refers...
An entity that has a limited number of shareholders (such as 3 or 5 people). The stock of such an...
It stands for general purpose financial reporting; financial reporting that aims to accommodate the common information needs of a variety...
Financial reporting that aims to accommodate the common information needs of a variety of users, rather than a specific set...
It stands for effective interest method; an method/ technique whereby the amortized cost of a financial asset or a financial...
An method/ technique whereby the amortized cost of a financial asset or a financial liability is calculated to the effect...
An accounting ratio that relates an entity's current assets, liquid assets, or highly liquid assets (absolute liquid assets) to its...
