Advice Note
An advice note is a document sent to inform a party that goods have been dispatched or that a transaction…
Adverse Variance
An adverse variance (also called an unfavourable variance) occurs when actual results are worse than budgeted or standard results. Simple…
Adverse Opinion
An adverse opinion is a type of audit opinion given by an auditor when the financial statements are materially misstated…
Advance Payment Bond
An advance payment bond is a guarantee issued by a bank or insurance company to protect a buyer who has…
Advancement
Advancement generally means progress, improvement, or forward movement in a particular area. Simple Meaning: It refers to growth or development…
Advance Corporation Tax
Advance Corporation Tax was a system under which companies paid tax in advance on profits distributed as dividends to shareholders.…
Ad Valorem
Ad valorem is a Latin term meaning “according to value.” Simple Meaning: It refers to a tax or charge that…
Administrator
An administrator is a person appointed by a court or creditors to manage a company that is facing financial difficulties.…
Administrative Receiver
An administrative receiver is a person appointed (usually by a secured lender) to take control of a company’s assets when…