INTERNATIONAL FINANCIAL REPORTING STANDARDS - IFRS
Guidelines of international accounting standards by the International Accounting Standards Board (IASB) that corporations and organizations should follow when reporting financial statements. It allows investors, governments, and organizations to make comparisons easier. More than 100 countries mandate firms to comply with IFRS standards, which was previously called International Accounting Standards (IAS).
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Maximum Loan-to-Value Ratio
Maximum allowable ratio of a loan’s size to the property’s value that is securing the loan. Lenders measure the risk using loan-to-valu ...
Cash Return on Assets Ratio
Ratio used to differentiate a business’ performance against other industry members. The company’s analysts may use the ratio internally ...
Retention Bonus
A reward given to an employee that serves as an incentive to keep that key employee on the job during a significant business cycle, like a merger o ...
Infrastructure
Basic physical systems of a business or country such as roads, utilities, transportation, communication, sewage, and water and electric systems, am ...
Cost Control
Act of managing and/or reducing business expenditures done by determining the costs and evaluating if such expenses are affordable and reasonable. ...
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