It stands for economic value added; a measure of the amount profit remaining after adjusting for the return expected by...
It stands for current replacement cost; the amount for which an asset could be replaced with another that has identical...
It stands for book value; broadly speaking, it refers to the historical cost of an entity's assets (total assets) minus...
It stands for fair value; the price / exchange price (an amount measured in currency units- CUs) at which an...
It stands for gross carrying amount; the amortized cost of an asset, before adjusting for any loss allowance (without deduction...
It stands for value in use;Â the net present value (NPV) of economic benefits / cash flows (inflows and outflows),...
It stands for right-of-use asset; the right (license) that is granted by a lessor to a lessee to hold, operate...
It stands for statement of financial position; previously known as balance sheet, it is a detailed projection of the assets,...
In the income statement (profit nd loss/ PnL) it describes all expenditure (expenses) incurred by a firm before taxes and...
Disclosures that relate to financial information not appearing in the core accounts of a business (balance sheet, income statement, and...
