Accountancy

Accountancy

Industry: Financial services

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Accountancy

Group administration (employee benefit) plans

Financial services; Accountancy

An aggregation of single employer plans combined to allow participating employers to pool their assets for investment purposes and reduce investment management and administration costs, but the ...

Guaranteed element

Financial services; Accountancy

An obligation to pay guaranteed benefits, included in a contract that contains a discretionary participation feature.

(a) For a lessee, that part of the residual value that is guaranteed by the lessee or by a party related to the lessee (the amount of the guarantee being the maximum amount that could, in any event, ...

Guaranteed benefits

Financial services; Accountancy

Payments or other benefits to which a particular policyholder or investor has an unconditional right that is not subject to the contractual discretion of the issuer.

Harvest

Financial services; Accountancy

The detachment of produce from a biological asset or the cessation of a biological asset’s life processes.

Hedge effectiveness hedged item hedging instrument held for trading

Financial services; Accountancy

The degree to which changes in the fair value or cash flows of the hedged item that are attributable to a hedged risk are offset by changes in the fair value or cash flows of the hedging instrument ...

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 ...