Accountancy

Accountancy

Industry: Financial services

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Accountancy

Adjusting events after the reporting period agricultural activity

Financial services; Accountancy

See ‘events after the reporting period’ The management by an entity of the biological assets.

Actuarial present value of promised retirement benefits

Financial services; Accountancy

The present value of the expected payments by a retirement benefit plan to existing and past employees, attributable to the service already rendered.

Agricultural produce

Financial services; Accountancy

The harvested product of the entity’s biological assets.

Amortisation (depreciation)*

Financial services; Accountancy

The systematic allocation of the depreciable amount of an asset over its useful life.

An agreement with an unrelated party, binding on both parties and usually legally enforceable, that (a) specifies all significant terms, including the price and timing of the transactions, and (b) ...

First IFRS reporting period

Financial services; Accountancy

The latest reporting period covered by an entity’s first IFRS financial statements.

First IFRS financial statements

Financial services; Accountancy

The first annual financial statements in which an entity adopts International Financial Reporting Standards (IFRSs), by an explicit and unreserved statement of compliance with IFRSs.