The reduction in the principal of a mortgage loan by the lender (mortgagee). The write-off makes the amount a borrower...

It stands for goodwill write-off; Goodwill is an asset (intangible asset) whose value is reflected in the amount by which...

Goodwill is an asset (intangible asset) whose value is reflected in the amount by which the assets of an entity...

One of the methods of creative accounting that constitutes a host of procedures taken by an entity's management to substantially...

One of the methods of creative accounting that constitutes a host of procedures taken by an entity's management to substantially...

In relation to debts (liabilities) and receivables/ inventory (assets)- usually associated with credit sales), it is the elimination of the...