An asset that is not a current asset; typically, it has a long-term life and nature which makes it able...

A two-way exchange of economic resources; a transfer of assets/ liabilities in exchange for equal value (or approximately equal value)....

A transfer that is not reciprocal; a transfer of assets or services in one direction (a one-way transfer): either from...

A transfer that is not reciprocal; a transfer of assets or services in one direction (a one-way transfer): either from...

A non-monetary item; a liability that is not a monetary liability. It is a liability that is not in a...

A liability that is not a monetary liability. It is a liability that is not in a monetary form: it...

A party (person, entity) that has a connection with an entity (a reporting entity) preparing its financial statements. This connection...

According to trade date accounting, a transaction is recorded in the books of an entity as of the date at...

The date that an entity commits itself to transact with a party. According to trade date accounting, a transaction is...

Broadly speaking, it is a transaction that involves the exchange of goods or services without the use of a medium...