Current tax liabilities (CTL) can be found in a balance sheet or statement of financial position under the current-liabilities section....
business-terms
Accounts payable arise from owing outsiders a certain amount of money. Creditors are called "AP." It was due to the...
Deferred tax arises as a result of a taxable temporary difference between accounting profit and taxable profit. It is a...
In financial statement consolidation, it is a requirement of accounting standards that the holding company must state the amount of...
The eNaira version of the fiat Naira was launched by the president of Nigeria, Muhammadu Buhari on October 25. Upon...
eNaira wallet or central bank digital currency has a wallet. Also called e-wallet or electronic wallets. The wallet is in...
The Central bank of Nigeria promises to launch its digital currency, the eNaira on October 1st, 2021. But was launched...
Controlling interest arises as a result of the need for certain individuals or groups of people to have power and...
Foreign currency translation reserves are a type of capital reserve. It arises when a business has foreign offices. This office...
Issuing of shares results in share premium or security premium as it is sometimes called. It may also lead to...
