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

A method of accounting whereby an entity recognizes its income and expenses on the general ledger on a cash basis-...

A method of accounting whereby an entity recognizes its income and expenses on the general ledger on an accrual basis-...

A party to a joint operation that enjoys joint control (as to the joint arrangement) and as a result has...

A joint arrangement that confers on the parties (known as joint operators) enjoying joint control (as to the arrangement) specific...

It stands for intrinsic value; in the context of options (stock options) and similar instruments (tradable and non-tradable), it is...

In the context of options (stock options) and similar instruments (tradable and non-tradable), it is the difference between the fair...

A type of control in which two parties or more contractually agree to share control of an arrangement (which is...

An asset that is held for sale, separately or as part of other assets, in the normal course of business....

Broadly speaking, it is the risk that losses may be incurred due to difficulty converting assets into money. More specifically,...