A contingent liability is: (a) a possible obligation that arises from past events and whose existence will be confirmed only by the occurrence or non-occurrence of one or more uncertain future events not wholly within the control of the entity; or (b) a present obligation that arises from past events but is not recognised because: […]

Contingently issuable ordinary shares are ordinary shares issuable for little or no cash or other consideration upon the satisfaction of specified conditions in a contingent share agreement*. As in the calculation of basic earnings per share, contingently issuable ordinary shares are treated as outstanding and included in the calculation of diluted earnings per share if […]

According to the International Accounting Standards, the contractual arrangement may be evidenced in a number of ways, for example by a contract between the venturers or minutes of discussions between the venturers. In some cases, the arrangement is incorporated in the articles or other by-laws of the joint venture. Whatever its form, the contractual arrangement […]

Contribution Margin Concept: Contribution margin corresponds to the amount by which a company’s income exceeds its variable costs…

According to International Accounting Standards, an entity controls an asset if the entity has the power to obtain the future economic benefits flowing from the underlying resource and to restrict the access of others to those benefits. The capacity of an entity to control the future economic benefits from an intangible asset would normally stem […]

Coopetition Concept: Coopetition is a recent creation concept, formed due to the junction of the words competition and cooperation, and means to…

Coordination Concept: Coordination is not more than the integration process of the several activities developed in each department of the organization, as a…

Core Competence Concept: Core competence concept emerged for the first time in 1990, on Harvard Business Review, in an article entitled “The Core…

Corporate Governance Concept: The Anglo-Saxon expression Corporate Governance designates the way how enterprise organizations operate and act…

Presentation of the book “Corporate Strategy: Corporate Strategy is the title of one of the most famous management books. Written by…