Gross Fixed Assets
Gross fixed assets represent the total value of a company’s tangible assets before depreciation. This includes buildings, machinery, vehicles, and equipment used for business operations. Tracking gross fixed assets helps assess capital investment, asset utilisation, and the company’s long-term operational capacity.
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Gain on Sale of Asset
Gain on Sale of Asset refers to the profit realised when a fixed asset is sold for more than its…
Green Accounting
Green accounting, or environmental accounting, integrates environmental costs into financial reporting. It tracks expenses and benefits related to sustainable practices,…
Gratuity
Gratuity is a statutory payment made by employers to employees as a reward for long-term service. It is typically paid…
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