Accountancy

Accountancy

Industry: Financial services

Add a new term

Contributors in Accountancy

Become a Contributors

Accountancy

deferred tax liabilities

Financial services; Accountancy

The amounts of income taxes payable in future periods in respect of taxable temporary differences.

deferred tax assets

Financial services; Accountancy

The amounts of income taxes recoverable in future periods in respect of: (a) deductible temporary differences; (b) the carryforward of unused tax losses; and (c) the carryforward of unused tax ...

defined benefit liability

Financial services; Accountancy

The net total of the following amounts: (a) the present value of the defined benefit obligation at the end of the reporting period; (b) plus any actuarial gains (less any actuarial losses) not ...

defined benefit obligation (present value of)

Financial services; Accountancy

The present value, without deducting any plan assets, of expected future payments required to settle the obligation resulting from employee service in the current and prior periods.

defined benefit plans

Financial services; Accountancy

Post-employment benefit plans other than defined contribution plans.

Post-employment benefit plans under which an entity pays fixed contributions into a separate entity (a fund) and will have no legal or constructive obligation to pay further contributions if the fund ...

demonstrably committed

Financial services; Accountancy

An entity is demonstrably committed to pay termination benefits when, and only when, an entity has a detailed formal plan for the termination and is without realistic possibility of withdrawal. The ...