balance sheet date
21Balance of payments — In economics, the balance of payments, (or BOP) measures the payments that flow between any individual country and all other countries. It is used to summarize all international economic transactions for that country during a specific time period …
22closing balance — The debit or credit balance on a ledger at the end of an accounting period, which will appear on the balance sheet at that date and be carried forward to the next accounting period. A debit closing balance (such as an accrual) will be carried… …
23Greenland ice sheet — The Greenland Ice Sheet is a vast body of ice covering 1.71 million km², roughly 80% of the surface of Greenland. It is the second largest ice body in the world, after the Antarctic Ice Sheet. The ice sheet is almost 2,400 kilometers long in a… …
24International Financial Reporting Standards — (IFRS) are standards and interpretations adopted by the International Accounting Standards Board (IASB). Many of the standards forming part of IFRS are known by the older name of International Accounting Standards (IAS). IAS were issued between… …
25adjusting events — post balance sheet events Events that occur between a balance sheet date and the date on which financial statements are approved, providing additional evidence of conditions existing at the balance sheet date. For example, a valuation of a… …
26adjusting events — Events that occur between a balance sheet date and the date on which financial statements are approved, providing additional evidence of conditions existing at the balance sheet date. For example, a valuation of a property held at the balance… …
27current liabilities — Amounts owed by a business to other organizations and individuals that should be paid within one year from the balance sheet date. These generally consist of trade creditors, bills of exchange payable, amounts owed to group and related companies …
28current liabilities — Amounts owed by a business to other organizations and individuals that should be paid within one year from the balance sheet date. These generally consist of trade creditors, bills of exchange payable, amounts owed to group and related companies …
29List of FASB Interpretations — FASB Interpretations are published by the Financial Accounting Standards Board (FASB). They extend or explain existing standards (primarily published in Statements of Financial Accounting Standards). Interpretations are a part of the U.S.… …
30non-adjusting events — Any events, either favourable or unfavourable, that occur between the balance sheet date and the date on which the financial statements of an organization are approved by the board of directors, but which concern conditions that did not exist at… …
