Accountancy

Accountancy

Industry: Financial services

Add a new term

Contributors in Accountancy

Become a Contributors

Accountancy

costs of conversion

Financial services; Accountancy

Costs directly related to the units of production, such as direct labour together with a systematic allocation of fixed and variable production overheads that are incurred in converting materials ...

costs of disposal

Financial services; Accountancy

Incremental costs directly attributable to the disposal of an asset, excluding finance costs and income tax expense.

costs to sell

Financial services; Accountancy

The incremental costs directly attributable to the disposal of an asset (or disposal group), excluding finance costs and income tax expense.

credit risk

Financial services; Accountancy

The risk that one party to a financial instrument will cause a financial loss for the other party by failing to discharge an obligation.

currency risk

Financial services; Accountancy

The risk that the fair value or future cash flows of a financial instrument will fluctuate because of changes in foreign exchange rates.

An asset is identifiable if it either: (a) is separable, ie capable of being separated or divided from the entity and sold, transferred, licensed, rented or exchanged, either individually or together ...