ASSET VALUATION is the process of determining the current worth of a portfolio, company, investment, or balance sheet item. The term is often used to describe the worth of an asset which may be incorporated into company accounts, where the ownership of the asset is not necessarily to be transferred but the valuation is required for the balance sheet, company takeovers, share flotation or mortgages.
BUSINESS TRANSACTION see TRANSACTION.
CONTINUING AUDITOR is the auditor of the current year who also audited the financial statements of the client for the previous year.
Enter a term, then click the entry you would like to view.