Tag: reporting
Generally Accepted Principles And Practices (GAPP)
What is 'Generally Accepted Principles And Practices - GAPP' Standardized business procedures related to the operation of sovereign wealth funds (SWFs). The...
Generally Accepted Accounting Principles (GAAP)
What are 'Generally Accepted Accounting Principles - GAAP' Generally accepted accounting principles (GAAP) are a common set of accounting principles, standards and...
General Ledger
DefinitionA general ledger contains all the accounts for recording transactions relating to a company's assets, liabilities, owners' equity, revenue, and expenses. In modern accounting...
Impairment
What is 'Impairment' Impairment is an accounting principle that describes a permanent reduction in the value of a company's asset, normally a...
How to Account For Goodwill
When determining how much goodwill a company possesses, there are several factors that must be considered. These factors include the measurement of goodwill, the...
Tax Accounting
DefinitionU.S. tax accounting refers to accounting for tax purposes in the United States. Unlike most countries, the United States has a comprehensive set of...
Targeted-Distribution Fund
What is 'Targeted-Distribution Fund' A mutual fund that focuses on the distribution of income and capital gains to fund holders. These funds...
Defined-Contribution Plan
DefinitionA defined contribution plan is a type of retirement plan in which the employer, employee or both make contributions on a regular basis. Individual...
Data Warehousing
DefinitionIn computing, a data warehouse, also known as an enterprise data warehouse, is a system used for reporting and data analysis, and is considered...
Passive Foreign Investment Company (PFIC)
What is a 'Passive Foreign Investment Company - PFIC' A passive foreign investment company (PFIC) is a foreign-based corporation that exhibits either...