Examlex
A case that is on point should be analyzed to help the attorney determine what course of action to take.
Class Action Lawsuit
A legal action filed by one or several individuals on behalf of a larger group of people who are affected by the same issue.
General Purpose Financial Reporting
Financial statements prepared to meet the information needs of various stakeholders not directly involved in managing the entity.
IASB
The International Accounting Standards Board, an independent body responsible for the development and publication of International Financial Reporting Standards (IFRS).
FASB
The Financial Accounting Standards Board, which is responsible for developing accounting standards in the United States.
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