8 Terms
Home > Industry/Domain > Financial services > Accountancy
Accountancy
Industry: Financial services
Add a new termContributors in Accountancy
Accountancy
owners
Financial services; Accountancy
In IFRS 3 owners is used broadly to include holders of equity interests of investor-owned entities and owners or members of, or participants in, mutual entities.
participants
Financial services; Accountancy
The members of a retirement benefit plan and others who are entitled to benefits under the plan.
past service cost
Financial services; Accountancy
The increase in the present value of the defined benefit obligation for employee service in prior periods, resulting in the current period from the introduction of, or changes to, post-employment ...
past due
Financial services; Accountancy
A financial asset is past due when a counterparty has failed to make a payment when contractually due.
percentage of completion method
Financial services; Accountancy
The recognition of revenue and expenses by reference to the stage of completion of a contract. Under this method contract revenue is matched with the contract costs incurred in reaching the stage of ...
performance
Financial services; Accountancy
The relationship of the income and expenses of an entity, as reported in the income statement (statement of comprehensive income).
plan assets (of an employee benefit plan)
Financial services; Accountancy
(a) Assets held by a long-term employee benefit fund; and (b) qualifying insurance policies.
Featured User
Featured blossaries
stanley soerianto
0
Terms
107
Blossaries
6
Followers
The beautiful Jakarta
Category: Travel 1 6 Terms
6 Terms