Accountancy

Accountancy

Industry: Financial services

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Accountancy

generally accepted accounting principles

Accounting; Accountancy

generally accepted accounting principles (GAAP) is the americanized term used to refer to the standard framework of guidelines for financial accounting used in any given jurisdiction which are ...

pacemaker

Medical devices; Accountancy

a small device which is put inside someone's chest in order to help their heart beat at the correct speed

defalcator

Financial services; Accountancy

One guilty of breach of trust or misappropriation in money matters

rebates

Business services; Marketing

When buying a product or a service, the client can get a rebate (on the price) from the reseller so that the purchase will be cheaper for the client. In B2B, a vendor can give rebates to his ...

exploration for and evaluation of mineral resources

Financial services; Accountancy

The search for mineral resources, including minerals, oil, natural gas and similar non-regenerative resources after the entity has obtained legal rights to explore in a specific area, as well as the ...

fair value

Financial services; Accountancy

The amount for which an asset could be exchanged, a liability settled, or an equity instrument granted could be exchanged, between knowledgeable, willing parties in an arm’s length transaction.

fair value less costs to sell

Financial services; Accountancy

The amount obtainable from the sale of an asset or cash-generating unit in an arm’s length transaction between knowledgeable, willing parties, less the costs of disposal.