The sale or disposal of an asset. Divestiture takes place when a company (or any form of going concern) sells…

Total financial assets (TFAs) are the sum of all financial assets owned by an entity, in all their types and...

Gross financial assets (GFAs) (total financial assets) are the sum of net financial assets (NFAs) and financial liabilities of an...

Gross financial assets (GFAs) are the sum of net financial assets (NFAs) and financial liabilities of an entity. In a...

An asset class/ security class that constitutes, from the perspective of a holder, a financial asset that generates specific amounts...

The most liquid form of assets which includes petty cash funds, bank deposit balances, and cash equivalents. Cash equivalents are…

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

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,...