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Illustrative Financials

A set of illustrative financial statements; by definition, it is a financial statement that prepared on the basis of specific...

Illustratives

An illustrative or illustrative statement is a financial statement that prepared on the basis of specific assumptions and projections, rather...

Illustrative Financial Statement

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

Pro Forma Financial Statement

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

Impairment Losses

The loss in value that results from impairment. More specifically, it is the amount by which the carrying amount (book...

Initial Recognition

The act of recording or including an accounting item/ transaction/ event in the books (financials) of an entity for the...

Invested Unrestricted Equity

A portion of unrestricted equity that is invested by an entity- that is, it is part of the funds corresponding...

Hybrid Financial Instrument

A financial instrument that is embedded with certain types of derivatives (embedded derivatives). The instrument plays host to the embedded...

Hybrid Financial Liability

A financial liability that is combined with other financial arrangements such as embedded derivatives. The hybrid instrument has its own...

Non-Transferable Intangible Asset

A type of intangible assets that are assigned for internal use (rather than other external use intangibles such as patents,...