Accounting Standards

4 words in this vocabulary list

noun the act of making things harmonious or consistent

  • The process of harmonization of international trade regulations is crucial for promoting global commerce.
  • We need to work on harmonization of our schedules so we can all meet up at the same time.
  • Let's get in sync and harmonize our plans for the weekend.
  • Finding harmony in our differences is the key to successful team harmonization.

IAS

noun IAS - acronym for Indian Administrative Service, a prestigious civil service in India

  • The IAS exam is considered one of the toughest exams in India.
  • Studying for the IAS test is really challenging.
  • I heard he's preparing for the IAS, that's no joke.
  • She tackled the IAS exam like a champion, overcoming all obstacles.

PLN

noun A common abbreviation for 'Personal Learning Network', which refers to a network of people and resources that a person uses to support their learning and professional development.

  • The company's budget planning includes the allocation of funds in PLN for various projects.
  • I need to convert my Euros to PLN before my trip to Poland.
  • Let's grab some PLN from the ATM for tonight's party.
  • His ideas are worth more than a million PLN in the business world.

noun XBRL

  • XBRL is a standardized format for reporting financial information in a machine-readable way.
  • I have to use XBRL to submit our financial reports to the regulators.
  • XBRL is like the language computers use to understand financial data.
  • Using XBRL is like speaking the same language as the machines when it comes to financial reporting.