Examlex
We have a tendency to take credit for our successes and a tendency to distance ourselves from our failures. This is called the self-serving bias.
IFRS
International Financial Reporting Standards are a globally-adopted set of accounting standards aimed at making financial statements comparable across international boundaries.
Actuarial Gains And Losses
These are the differences that result from changes in actuarial assumptions and the difference between expected and actual performance on pension plans and other post-retirement benefits.
IFRS
International Financial Reporting Standards are a set of accounting standards developed by the International Accounting Standards Board (IASB) that outline how financial statements should be prepared and disclosed globally.
Net Interest
The difference between the revenue from interests received on various investments and the expenses from paying interest on borrowings.
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