The consolidation of the accounts of joint ventures (JVs). This involves the combination of an investor's share of a venture's...

A system of accounting (also called batch-based entry) where multiple items (source documents), after accumulation, are transferred from journal, to...

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,...

An asset that has a physical presence and value such as real estate, plant and equipment. By nature, such assets,...

The net amount/ value of an entity's fixed assets. It is equal to the acquisition price/ cost of all fixed...

The difference between total financial assets (gross financial assets or GFAs) and total financial liabilities (total debt or outstanding liabilities):...