Examlex
Which section of the Cash Flow Statement shows cash flows from purchasing and selling income-generating assets,such as property,plant and equipment,shares in other companies and term deposits?
IFRS
International Financial Reporting Standards, a set of accounting rules and standards for financial reporting that provide a common global framework.
Immaterial Errors
Small mistakes in financial statements that are not significant enough to impact users' decisions, hence not requiring correction for fair presentation.
Bottom Line Earnings
Bottom line earnings refer to a company’s net earnings or net income, representing the "bottom line" of the income statement, indicating profit after all expenses have been deducted.
Revenue Recognition
The principle that determines the specific conditions under which revenue is recognized or accounted for.
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