Accountancy

Accountancy

Industry: Financial services

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Accountancy

held-to-maturity investments

Financial services; Accountancy

Non-derivative financial assets with fixed or determinable payments and fixed maturity that an entity has the positive intention and ability to hold to maturity other than: (a) those that the entity ...

hire purchase contract

Financial services; Accountancy

The definition of a lease includes contracts for the hire of an asset that contain a provision giving the hirer an option to acquire title to the asset upon the fulfilment of agreed conditions. These ...

highly probable

Financial services; Accountancy

Significantly more likely than probable.

historical cost

Financial services; Accountancy

A measurement basis according to which assets are recorded at the amount of cash or cash equivalents paid or the fair value of the consideration given to acquire them at the time of their ...

hyperinflation

Financial services; Accountancy

Loss of purchasing power of money at such a rate that comparison of amounts from transactions and other events that have occurred at different times, even within the same accounting period, is ...

current asset

Financial services; Accountancy

An entity shall classify an asset as current when: (a) it expects to realise the asset or intends to sell or consume it in its normal operating cycle; (b) it holds the asset primarily for the purpose ...

current cost

Financial services; Accountancy

The amount of cash or cash equivalents that would have to be paid if the same or an equivalent asset was acquired currently. The undiscounted amount of cash or cash equivalents that would be required ...