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Authorized Share Capital

A form of share capital that represents the maximum amount of share capital that an entity is legally allowed to...

Authorized Capital

A form of share capital that represents the maximum amount of share capital that an entity is legally allowed to...

Multiple Line Tag

A type of accounting tag that is used for requisitions. Multiple Line tags are now used in place SpeedCharts, and...

Measurement Base

The base or basis that is used, in accounting, for measurement of value. The value of an element (e.g., an...

Deferred Debit

A cost/ expenditure that has been incurred within a certain accounting period though its corresponding revenue generation has not completed...

Deferred Asset

A cost/ expenditure that has been incurred within a certain accounting period though its corresponding revenue generation has not completed...

Unexpired Cost

A cost / expenditure that has been incurred, while an entity still expects further benefits (in future periods), and hence...

Expired Cost

A cost item/ expenditure from which an entity expects no further benefits, and hence it is said to be "expired"....

Downward Demand Spiral

In cost accounting and managerial accounting, it refers to a situation where a company (manufacturer) reduces the number of its...

Deferred Income Tax Asset

An asset, recorded on the balance sheet of an entity as a prepaid item, representing taxes that have been already...