Examlex
What is the term for the fragile, invisible layer of the atmosphere about 10 to 30 miles above the earth's surface that shields the planet from the sun's hazardous ultraviolet rays?
Goodwill
The intangible asset that arises when a buyer acquires an existing business but pays more than the fair market value of the net assets.
AASB 3
is the Australian Accounting Standards Board's standard on Business Combinations, detailing the accounting treatment for merging businesses, including the recognition and measurement of assets, liabilities, and any non-controlling interest.
IFRS 3
The International Financial Reporting Standard that deals with the accounting for business combinations, requiring assets, liabilities, non-controlling interest, and goodwill to be accounted for at fair value.
Mutual Entities
Organizations owned by their members, profits are distributed among them or used to reduce costs.
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