Accountancy

Accountancy

Industry: Financial services

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Accountancy

minority interest monetary assets

Financial services; Accountancy

See ‘non-controlling interest’ Money held and assets to be received in fixed or determinable amounts of money.

multi-employer (benefit) plans

Financial services; Accountancy

Defined contribution plans (other than state plans) or defined benefit plans (other than state plans) that: (a) pool the assets contributed by various entities that are not under common control; and ...

net assets available for benefits

Financial services; Accountancy

The assets of a plan less liabilities other than the actuarial present value of promised retirement benefits.

net investment in a foreign operation

Financial services; Accountancy

The amount of the reporting entity’s interest in the net assets of that operation.

non-adjusting events after the reporting period non-cancellable lease

Financial services; Accountancy

See ‘events after the reporting period’ A lease that is cancellable only: (a) upon the occurrence of some remote contingency; (b) with the permission of the lessor; (c) if the lessee enters into a ...

net realisable value

Financial services; Accountancy

The estimated selling price in the ordinary course of business less the estimated costs of completion and the estimated costs necessary to make the sale. Net realisable value refers to the net amount ...