[ H ]
Historical cost
o A measurement basis according to which assets are recorded at the amount of cash or cash equivalents paid or the fair value of the consideration given to acquire them at the time of their acquisition. Liabilities are recorded at the amount of proceeds received in exchange for the obligation, or in some […]

[ G ]
 
 
Gains
 
o         Increases in economic benefits and as such are no different in nature from revenue.
 
 
 
Going concern
 
 
o         The financial statements are prepared on a going concern basis unless management either intends to liquidate the entity or to cease trading, or has no realistic alternative but to do so.
 
 
Goodwill

Future economic benefits arising from assets that […]

[ F ]

FIFO (first-in, first-out)

o The assumption that the items of inventory that were purchased or produced first are sold first, and consequently the items remaining in inventory at the end of the period are those most recently purchased or produced.

Finance lease

o A lease that transfers substantially all the risks […]

[ E ]
 
 
Earnings per share
 
o         the post-tax profits figures available for the ordinary shareholders divided by the number of shares
 
 
Earning yield
 
o         this measure how much an investor could get at current earnings if he invested $100 in the company’s shares at their current price ie earnings per share divided by current market price.
 
 
Economic life
 
Either:
a.       […]

[ D ]
Debenture
o a certificate issued under seal by a company acknowledging a debt.
Deferred liabilities
o a subdivision of long-term liabilities eg tax payable next year and not of a fund-raising nature such as debentures
Deferred taxation
o corporation tax payable by a company in the longer term ie not within a year
Depreciation (amortisation)
o The systematic allocation of the depreciable amount of […]