Examlex
The first case in an epidemic is called the _________.
IFRS
International Financial Reporting Standards are accounting guidelines created by the International Accounting Standards Board, increasingly adopted worldwide for drafting financial statements of public companies.
Reserves
Funds set aside by a company to cover future obligations, losses, or unforeseen expenses.
Accumulated Profits and Losses
The net total of all a company's profits and losses over its lifetime, not distributed as dividends.
Treasury Stock Transaction
The acquisition or reissuance of shares by a company, which may affect shareholders' equity but do not count as assets on the balance sheet.
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