Examlex
52 cl = ? ml
FASB
Financial Accounting Standards Board, an organization responsible for setting accounting and financial reporting standards in the United States.
IFRS
International Financial Reporting Standards, a set of accounting standards that provide guidelines for financial reporting, aiming to make company accounts understandable and comparable across international boundaries.
GAAP
In any particular legal area, the Generally Accepted Accounting Principles are the recognized standard of guidelines for conducting financial accounting.
Probable
Probable refers to the likelihood that a future event will occur, often used in accounting to determine if a contingent event should be recorded.
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