Examlex
The gold standard is a monetary system in which:
IFRS
International Financial Reporting Standards, a set of accounting standards developed by the International Accounting Standards Board (IASB) that is used globally.
GAAP
Generally Accepted Accounting Principles; a framework of accounting standards, rules and procedures used in the compilation of financial statements in the U.S.
Treasury Stock Transaction
Refers to the buying back or reacquisition of previously sold shares by the issuing company, reducing the amount of outstanding stock on the open market.
Additional Paid-in Capital
The amount of money investors pay above the par value of a stock.
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