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...

A measurement or recognition inconsistency (mismatch) that arises from using different measurement models for asset or liability values or different...

A measurement or recognition inconsistency (mismatch) that arises from using different measurement models for asset or liability values or different...

It stands for allowance for doubtful accounts; a contra asset that represents management's estimate of the amount of accounts receivable...