Examlex
Family size is large in much of Sub-Saharan Africa because of the high rate of urbanization.
Commercial Substance
Commercial substance is a concept that a transaction significantly changes the economic position or cash flows of a company, beyond the mere transfer of assets or obligations.
GAAP
Generally Accepted Accounting Principles, a standard framework of guidelines for financial accounting that includes the details, complexities, and legalities of business and corporate accounting.
Intangible Assets
Intangible assets are non-physical assets having a useful life greater than one year, such as patents, trademarks, and goodwill, that a company owns and can create economic benefit.
IFRS
International Financial Reporting Standards, a set of global accounting standards for financial reporting.
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