Examlex
Relevance is a quality requiring that the information be timely and that it also have predictive value or feedback value or both.
Stated Value
A value assigned to no-par value stock by the company's board of directors, used as a basis for accounting and financial reporting.
Common Stock
Equity ownership in a corporation, with claims on its earnings and assets being secondary to those of bondholders and preferred shareholders.
Shares
Units of equity ownership in a corporation, representing a portion of the company's capital stock.
Under IFRS
Refers to the accounting and reporting standards under the International Financial Reporting Standards framework, used globally.
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