An account that reduces the gross amount of other related accounts to arrive at a net balance. It is paired...
An accounting method for the acquirer in a business combination (acquisition) whereby it records the consideration paid for the acquired/...
A system of accounting (also called batch-based entry) where multiple items (source documents), after accumulation, are transferred from journal, to...
A system of accounting (also called batch-based entry) where multiple items (source documents), after accumulation, are transferred from journal, to...
An accounting assumption that is used by preparers of financial statements in a situation where the use of the going...
A measure of value (valuation), at the level of an entity as a whole, that calculates the combined market capitalization...
It stands for balance sheet; a primary statement of an entity that presents a snapshot of its financial position at...
A primary statement of an entity that presents a snapshot of its financial position at a given point in time,...
The financial assets that originate from lending money. Originated loans represent a contractual right to receive cash or other financial...
The financial liabilities that originate from borrowing money (monetary assets). The received loans and any amounts payable out of which...