A market where transactions involving an asset or a liability occur in a frequency and volume enough to establish a...

The process whereby an entity determines the monetary amounts at which the various elements of its financial statements (assets, liabilities,...

A present obligation of an entity towards others (creditors, investors, and other stakeholders), that arises from a past transaction/ event,...

A resource that is controlled by a business (entity) as a result of a past transaction/ event and is expected...

It stands for fair value; the price / exchange price (an amount measured in currency units- CUs) at which an...

The price / exchange price (an amount measured in currency units- CUs) at which an asset could be exchanged in...

An estimated price of an option based on the premise that the relationships between the underlying price and the option...

An estimated price of an option based on the premise that the relationships between the underlying price and the option...

A hedge that accounts for the changes in the fair value of a recognized asset or liability or that of...