Accountancy

Accountancy

Industry: Financial services

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Accountancy

revalued amountof an asset

Financial services; Accountancy

The fair value of an asset at the date of a revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

return on plan assets (of an employee benefit plan)

Financial services; Accountancy

Interest, dividends and other revenue derived from the plan assets, together with realised and unrealised gains or losses on the plan assets, less any costs of administering the plan and less any tax ...

retrospective application

Financial services; Accountancy

Applying a new accounting policy to transactions, other events and conditions as if that policy had always been applied.

revenue

Financial services; Accountancy

is income that a company receives from its normal business activities, usually from the sale of goods and services to customers. Some companies also receive revenue from interest, dividends or ...

reverse acquisition

Financial services; Accountancy

An acquisition where the acquirer is the entity whose equity interests have been acquired and the issuing entity is the acquiree. This might be the case when, for example, a private entity arranges ...

rewards associated with a leased asset

Financial services; Accountancy

Rewards may be represented by the expectation of profitable operation over the asset’s economic life and of gain from appreciation in value or realisation of a residual value.

risks associated with a leased asset

Financial services; Accountancy

Risks include possibilities of losses from idle capacity or technological obsolescence and of variations in return because of changing economic conditions.