Tag: reporting
The Financial Accounting Standards Board sets accounting and financial reporting standards,...
The Financial Accounting Standards Board plays a crucial role in promoting transparency and consistency in financial reporting, while sustainability reporting is essential for businesses and...
Hart-Scott-Rodino Antitrust Improvements Act Of 1976
What is 'Hart-Scott-Rodino Antitrust Improvements Act Of 1976' A U.S. law enacted by President Ford that requires large companies to file a...
Handelsgesetzbuch (HGB)
What is 'Handelsgesetzbuch - HGB' A law that governs the primary commercial code for companies in Germany. Included in the law is...
Impaired Asset
What is an 'Impaired Asset' An impaired asset is a company's asset that has a market price less than the value listed...
Impaired Capital
What is 'Impaired Capital' 1. When a bank's actual assets are worth less than their stated value. When a bank has impaired...
Management Investment Company
What is a Management Investment Company (MIC)?
A MIC is a type of investment company that is regulated by the SEC. MICs are similar to...
Management Audit
DefinitionManagement Audit is a systematic examination of decisions and actions of the management to analyse the performance. Management audit involves the review of managerial...
Management Discussion and Analysis (MD&A)
What is the 'Management Discussion and Analysis - MD&A' Management discussion and analysis (MD&A) is the section of a company's annual report...
Absorption Costing
DefinitionTotal absorption costing is a method of Accounting cost which entails the full cost of manufacturing or providing a service. TAC includes not just...
Abandoned Property
What is 'Abandoned Property' Assets such as cash, stocks, bonds, mutual funds, uncashed checks, land, life insurance policies and the contents of...