(Difference between pages)
imported>Doug Williamson |
imported>Doug Williamson |
| Line 1: |
Line 1: |
| 1. ''Financial reporting''.
| | (R & D). |
|
| |
|
| In financial reporting, liabilities are amounts or obligations of a reporting entity arising from past transactions or events, the settlement of which may result in the transfer or use of assets, the provision of services or other yielding of economic benefits in the future.
| | Discovering new knowledge about products, processes, services and applying this knowledge to create new and improved products, processes, and services to fulfill market needs. |
|
| |
|
| Examples include overdrafts, trade payables, accruals and provisions.
| |
|
| |
| Liabilities are represented in the balance sheet by credit balances.
| |
|
| |
|
| |
| 2.
| |
|
| |
| More generally, liabilities are any obligations or amounts owed to others (whether or not they are obligations of a financial reporting entity).
| |
|
| |
|
|
| |
|
| == See also == | | == See also == |
| * [[Accrual]] | | * [[SSAP 13]] |
| * [[Assets]]
| |
| * [[Balance sheet]]
| |
| * [[Capital]]
| |
| * [[Compound instrument]]
| |
| * [[Credit balance]]
| |
| * [[Disaggregation]]
| |
| * [[Equity]]
| |
| * [[Exemption clause]]
| |
| * [[Fair value]]
| |
| * [[Financial liability]]
| |
| * [[Financial reporting]]
| |
| * [[Indemnity clause]]
| |
| * [[Interest gap]]
| |
| * [[Liabilities and equity]]
| |
| * [[Mismatch]]
| |
| * [[Net assets]]
| |
| * [[Off balance sheet finance]]
| |
| * [[Offset]]
| |
| * [[Overdraft]]
| |
| * [[Provision]]
| |
| * [[Reporting entity]]
| |
| * [[Trade payables]]
| |
| | |
| [[Category:Accounting,_tax_and_regulation]]
| |
Revision as of 13:32, 1 November 2013
(R & D).
Discovering new knowledge about products, processes, services and applying this knowledge to create new and improved products, processes, and services to fulfill market needs.
See also
