A set of principles, rules, bases, guidelines, conventions, and practices that an entity applies in the process of preparing and...

It stands for foreign currency translation reserve; a type of reserve that is created to account for foreign currency translation...

A type of reserve that is created to account for foreign currency translation (currency translation). Such a translation involves the...

An entity that sells financial assets (such as stocks, bonds, etc.) that it has borrowed and does not own at...

A financial statement that is prepared and published only for presentation purposes. In other words, such a statement does not...

An accounting concept (or principle) that entails that an entity's financial statements shall be prepared and produced in a manner...

An accounting concept (or principle) that entails that an entity's financial statements shall be prepared and produced in a manner...

The operations of a reporting entity that are based in a foreign country or are denominated in a currency other...

The amount of a reporting entity's interest in the net assets of a foreign operation. Examples of foreign operations include...

In connection with a set of financial statements (of a given entity), circular reference is a situation that arises due...