Showrooming is a term used to describe the practice of shoppers visiting a brick-and-mortar store to examine merchandise before subsequently purchasing it online, typically at a lower price. In recent years, the prevalence of showrooming has increased as technology has advanced and shoppers have become more comfortable making purchases online. There are a number of … Read more

What Is Remeasurement?

Remeasurement is the process of adjusting the carrying value of an asset or liability to reflect its current market value. This is done to ensure that the asset or liability is properly valued on the balance sheet. There are two types of remeasurement: 1. Remeasurement to fair value This is when the asset or liability … Read more