An accounting estimate that is not made on a routine basis or as part of a routine practice or policy....

An acronym for straight line method; a method of depreciation that involves calculating depreciation or amortization by expensing an asset...

A test for impairment is an assessment exercise carried out an entity to determine the possible existence of impairment losses...

It stands for net selling price; a measurement base and valuation measure that captures the selling price of an asset...

A method of depreciation that involves calculating depreciation or amortization by expensing an asset (financial asset, in the case of...

A measurement base and valuation measure that captures the selling price of an asset (or a broadly an item), calculated...

A method of depreciation that involves calculating depreciation or amortization by expensing an asset (financial asset, in the case of...

The difference between an asset’s cost and its salvage value. Depreciable base is a key input in the calculation of...

A method of depreciation that involves calculating depreciation or amortization by expensing an asset (financial asset, in the case of...

The power over assets or business that is expected to be attained in the future. More specifically, an entity controls...