A set of financial statements that an entity prepares on the historical cost basis of accounting. The use of historical...

The relation between a hedged item and a hedging instrument. Under hedge accounting, a hedged item exposes the entity to...

An item that is designated as being hedged such as assets, liabilities, commitments, investments in a foreign operation or highly...

A designated financial instrument whose fair value or related cash flows are meant to offset changes in the fair value...

An asset that an entity acquires or creates for long-term use, while accounting for the expense incurred over multiple years...

An asset that can contribute to an entity's revenue generation process (and generate value) over a long period of time...

A classification of capital that constitutes what investors (equity holders) have subscribed to and paid for in full. Contributed capital...

A classification of capital that constitutes what investors (equity holders) have subscribed to and paid for in full. Paid-up capital...

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

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