Examlex
The "three delays" include:
Comprehensive Income
The total non-owner changes in equity for a reporting period, which includes all realized and unrealized gains and losses.
Current Period
Refers to the most recent operational or financial period under consideration or review in reports and statements.
Lending Risk
This term describes the potential for financial loss due to a borrower's failure to make required payments on a debt, affecting the lender's financial stability.
Financial Reporting
The act of creating disclosures that inform management, investors, and government bodies of a company's financial position.
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