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Direct Approach
A communication or problem-solving strategy that deals with issues in a straightforward and clear manner.
Consolidation
The process of combining the financial statements of a parent company with its subsidiaries to present accounts as if the group were a single entity.
Trial Balance
A bookkeeping worksheet in which the balances of all ledgers are compiled into debit and credit account column totals that are equal.
FVTOCI
Fair Value Through Other Comprehensive Income, a classification under IFRS for financial assets that are valued at fair value with changes recognized in other comprehensive income rather than profit or loss.
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