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Accountancy

Contributors in Accountancy

Accountancy

reporting entity

Financial services; Accountancy

An entity for which there are users who rely on the financial statements as their major source of financial information about the entity.

retirement benefit plans

Financial services; Accountancy

Arrangements whereby an entity provides benefits for its employees on or after termination of service (either in the form of an annual income or as a lump sum) when such benefits, or the employer’s ...

retrospective restatement

Financial services; Accountancy

Correcting the recognition, measurement and disclosure of amounts of elements of financial statements as if a prior period error had never occurred.

retrospective application

Financial services; Accountancy

Applying a new accounting policy to transactions, other events and conditions as if that policy had always been applied.

return on plan assets (of an employee benefit plan)

Financial services; Accountancy

Interest, dividends and other revenue derived from the plan assets, together with realised and unrealised gains or losses on the plan assets, less any costs of administering the plan and less any tax ...

revalued amount of an asset

Financial services; Accountancy

The fair value of an asset at the date of a revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

rewards associated with a leased asset

Financial services; Accountancy

Rewards may be represented by the expectation of profitable operation over the asset’s economic life and of gain from appreciation in value or realisation of a residual value.

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