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Archive for the 'Thesaurus' Category

What is ACCA ?

May 30, 2008

The 100-year-old Association of Chartered Certified Accountants (ACCA) is one of the largest and fastest growing international accountancy bodies, present in over 170 countries.
ACCA Qualification is one of the most highly respected and valued qualifications available internationally. Gaining the qualification of Chartered Certified Accountant makes you a key decision maker in any field of business [...]

What is XBRL ?

April 9, 2008

XBRL (Extensible Business Reporting Language) is an XML-based language being developed specifically for the automation of business information requirements, such as the preparation, sharing, and analysis of financial reports, statements, and audit schedules. XBRL steering committee members include financial, accounting, software, and governmental communities from around the world: member organizations include Microsoft, ACCPAC, Oracle, Deloitte [...]

What is the definition of Taxonomy ?

April 9, 2008

Taxonomy (from Greek taxis meaning arrangement or division and nomos meaning law) is the science of classification according to a pre-determined system, with the resulting catalog used to provide a conceptual framework for discussion, analysis, or information retrieval. In theory, the development of a good taxonomy takes into account the importance of separating elements of [...]

Beneficiary

April 3, 2008

Person or entity (e.g., a charity or estate) that receives a benefit from something (e.g., a trust, life-insurance policy, or contract). A primary beneficiary receives proceeds from a trust or insurance policy before any other. A contingent beneficiary receives proceeds upon the occurrence of a specified event, such as the death of the primary beneficiary. [...]