Mark to market: related pages

Goodwill arises when a company buys another business at a price greater than the book value.

A profit figure that is calculated using the cost of supplies at the cost of replacing supplies at current prices.

The cost shown in the profit and loss account as the result of a fall in the value of an asset.

Fixed assets are assets that have a remaining life over an year.

Long term liabilities are those that are due to be paid in more than an year.

The assumption for the purposes of accounting or valuation, or the fact in the case of a sale, that a business will continue to operate.

The accounting principle of matching of costs to the revenues they generate.