A type of control that entails power over assets or business at the present time and for the current financial...

Broadly speaking, control is the power/ authority to direct and manage (people's behavior, course of events, things, etc.) In accounting,...

It stands for date of initial recognition; the reference date (initial recognition) that is used to assess and determine a...

The reference date (initial recognition) that is used to assess and determine a significant increase in credit risk (SICR). This...

It stands for hold to collect; a business model that an entity applies with the objective to hold a financial...

It stands for hold to collect and sell; a business model with an objective to contractual cash flows from financial...

It stands for held for sale; a category or designation of assets that an entity currently holds on its balance...

A category or designation of assets that an entity currently holds on its balance sheet but plans to sell in...

A component of an entity or a group that either has been disposed of or is classified as held for...

A business model with an objective to contractual cash flows from financial assets and sell these assets any time during...