Reserve
Reserves are retained portions of profits set aside for specific purposes, such as legal obligations, future investments, or contingencies. Common types include capital reserves and revenue reserves. Though part of retained earnings, reserves provide additional transparency in financial reporting and support the business’s financial stability.
More Items
Reorder Level
Reorder level is the predetermined inventory threshold at which a new purchase must be initiated to avoid stock shortages. It…
Risk Assessment
Risk assessment is the process of identifying and evaluating potential financial, operational, or compliance risks that could impact an organisation.…
Revaluation Surplus
Revaluation surplus arises when a company increases the carrying value of an asset to reflect fair market value. The upward…
This website uses cookies to improve your experience. You can accept all or reject non-essential cookies.