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Reporting Standards
These are formal guidelines that dictate the financial reporting process, ensuring the accuracy, consistency, and transparency of financial statements.
International Financial Reporting Standards (IFRS)
A set of accounting standards designed to bring consistency to accounting language, practices, and statements across the globe.
Net Operating Working Capital
A financial metric that calculates the difference between a company's operating current assets and its operating current liabilities.
Current Assets
Assets on a balance sheet expected to be converted into cash, sold, or consumed within one year or the business cycle, whichever is longer.
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