Examlex
A person with limited intelligence, but who shows exceptional mental ability in one or more narrow areas, such as mental arithmetic, calendar calculations, art, or music is said to have
GAAP
Generally Accepted Accounting Principles, a set of rules and standards for financial reporting widely accepted in the accounting profession.
IFRS
Global accounting standards known as International Financial Reporting Standards, designed for the preparation of financial statements.
Other Comprehensive Income
Earnings that are not part of net income, including items that have not been realized or were not part of regular operations, such as foreign currency translation gains or losses.
Net Income
The total profit of a company after all expenses and taxes have been deducted from revenues, indicating the company's actual profit.
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