It stands for statement of financial position; previously known as balance sheet, it is a detailed projection of the assets,...

An account that is used by an entity to record certain financial items (e.g., gains or losses) that have been...

Generally speaking, it is a record keeping practice that involves maintaining a second set of account books. A shadow accounting...

It stands for significant increase in credit risk; a significant "upward" change in the estimated default risk over the remaining...

A significant "upward" change in the estimated default risk over the remaining expected life of a financial asset/ instrument. A...

It stands for selling, general and administrative expenses, an item of income statement (SOI) that comprises all direct and indirect...

Also, selling, general and administrative (SG&A) expenses, an item of income statement (SOI) that comprises all direct and indirect selling...

Also, selling, general and administrative (SG&A) expenses, an item of income statement (SOI) that comprises all direct and indirect selling...

It stands for statement of income; a financial statement (forming part of a set of financial statements prepared and maintained...

A financial statement (forming part of a set of financial statements prepared and maintained by an entity) that displays an...