ACCOUNTING TERMS - ACCOUNTING DICTIONARY - ACCOUNTING GLOSSARY
From the web's #1 provider of financial analysis / ratio
analysis BACKWARDATION is the commission paid by a seller for
the postponement of a transaction on a stock exchange when
prices for cash delivery are higher than for forward delivery.
Learn new Accounting Terms STATED CAPITAL is the declared total
amount of money or other resources owned or used to acquire
future income or benefits. NEGATIVE GOODWILL arises where the
net assets at the date of acquisition, fairly valued, exceed the
cost of acquisition. It is reflected on the balance sheet net of
other intangible assets. Negative goodwill is recognized as
income as follows: - To the extent that negative goodwill
relates to expected future losses and expenses, it is recognized
in the income statement when the future losses and expenses are
recognized. - The amount of negative goodwill relating to
identifiable non-monetary assets (not exceeding the fair values
of such acquired assets), is recogn