It stands for total liabilities; the total amount of liabilities (financial obligations) that an entity owes to others (i.e., all...

It stands for fair value accounting; an accounting method that is based on the use of fair value (FV); it...

It stands for total assets; the total amount of assets (economic resources) that an entity owns and uses, directly or...

The total amount of liabilities (financial obligations) that an entity owes to others (i.e., all money owed to creditors). This...

The total amount of assets (economic resources) that an entity owns and uses, directly or indirectly, in its operations/ business,...

The gains or losses that arise from variations in the prices of assets or liabilities that are still reported on...

An accounting method that is based on the use of fair value (FV); it involves recognizing and measuring an entity's...

An accounting method that is based on the use of fair value (FV); it involves recognizing and measuring an entity's...

An instrument (any type of securities or financial obligations) that is created or issued by an entity (the issuer) as...

A non-statutory reserve that is created by virtue of the application of accounting policy for non-financial assets such as property,...