Examlex
What are the two main types of sampling techniques?
Substance Over Form
An accounting principle that emphasizes the economic reality of transactions rather than their legal form to present a more accurate picture of a company's financial position.
Par-Value Method
An accounting method used for recording the issuance of stock, where the stock is recorded at its face or par value, and any amount received over par value is credited to an additional paid-in capital account.
Non-Controlling Interest
The equity in a subsidiary not attributable directly or indirectly to the parent company, often shown separately in the consolidated financial statements.
Carrying Value
The amount at which an asset or liability is recognized in the balance sheet, considering depreciation, amortization, or impairment.
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