A financial statement that prepared on the basis of specific assumptions and projections, rather than on actual past transactions/ events/...

A liability whose value is measured and stated in monetary terms (cash amounts). As such, it is a fixed obligation...

Ii stands for below-the-line items; items of financial statements that have a financial impact, though not directly related to the...

It stands for general purpose financial reporting; financial reporting that aims to accommodate the common information needs of a variety...

Financial reporting that aims to accommodate the common information needs of a variety of users, rather than a specific set...

It stands for general-purpose financial statement; a set of financial statements that is prepared and issued throughout a reporting period...

A set of financial statements that is prepared and issued throughout a reporting period year to provide general financial information...

A non-monetary item; a liability that is not a monetary liability. It is a liability that is not in a...

A liability that is not a monetary liability. It is a liability that is not in a monetary form: it...

An asset that is not a monetary asset. It is an asset that is not in a monetary form: it...