It stands for general purpose financial reporting; financial reporting that aims to accommodate the common information needs of a variety...

It stands for effective interest method; an method/ technique whereby the amortized cost of a financial asset or a financial...

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

It stands for cost of goods sold; a cost measure that represents the direct costs of producing the goods sold...

It has many meanings depending on context. In accounting and finance, it stands for expected value, i.e., the amount an...

It has many meanings in different contexts. It may stand for nominal value; a measure of value of assets and...

It stands for lifetime expected credit losses; the expected credit losses (ECL) that would result from all possible default events...

It stands for expected credit losses; by definition, it denotes credit losses that are expected to result from default events...

It stands for off balance sheet; all items (assets and liabilities) that are not reported on the statement of financial...

It stands for available for sale reserve; a reserve that consists of the cumulative fair value gains or losses on...