Accounting Standard | Accounting, Financial, Tax

Accounting Standard For Insurance Contracts [IFRS 4]

Insurance contract is a contract under which one party (the insurer) accepts significant insurance risk from another party (the policyholder) by agreeing to compensate the policyholder...

Accounting Term and Definition9 years ago

Accounting Equation [to] Accounts Receivable Turnover

ACCOUNTING EQUATION – double entry bookkeeping where there is an identity of debit and credit elements of a transaction. For each transaction, the total debits equal...

Accounting10 years ago

Compilation And Review Of Financial Statements Standard

Accountants should not submit un-audited financial statements of a nonpublic entity to a client or a third party, unless the accountant has at least complied with...