Examlex
By default,the E-R diagrams created in the MySQL Workbench use:
Conservatism
An accounting principle that advises caution, directing accountants to choose methods and estimates that are least likely to overstate assets and income.
Fair Value Accounting
An accounting approach that measures and reports assets and liabilities at their estimated market prices.
Financial Crises
A situation where the value of financial institutions or assets drops significantly, often characterized by panicked selling and loss of confidence in the financial system.
Accounting Standards Codification
The collection and integration of the authoritative accounting standards for U.S. GAAP.
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