Accountancy

Accountancy

Industry: Financial services

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Accountancy

temporary differences

Financial services; Accountancy

Differences between the carrying amount of an asset or liability in the statement of financial position and its tax base. Temporary differences may be either: (a) taxable temporary differences; or ...

total comprehensive income

Financial services; Accountancy

The change in equity during a period resulting from transactions and other events, other than those changes resulting from transactions with owners in their capacity as owners.

termination benefits

Financial services; Accountancy

Employee benefits payable as a result of either: (a) an entity’s decision to terminate an employee’s employment before the normal retirement date; or (b) an employee’s decision to accept voluntary ...

treasury shares

Financial services; Accountancy

An entity’s own equity instruments, held by the entity or other members of the consolidated group.

transaction costs (financial instruments)

Financial services; Accountancy

Incremental costs that are directly attributable to the acquisition, issue or disposal of a financial asset or financial liability. An incremental cost is one that would not have been incurred if the ...

trade date

Financial services; Accountancy

The date that an entity commits itself to purchase or sell an asset.

understandability

Financial services; Accountancy

Information provided in financial statements has the quality of understandability when it is comprehensible to users who have a reasonable knowledge of business and economic activities and accounting ...