hidden reserve

Funds held in reserve but not disclosed on the balance sheet (they are also known as off-balance-sheet reserves or secret reserves). They arise when an asset is deliberately either undisclosed or undervalued. Such hidden reserves are permitted for some banking institutions but are not permitted for limited companies as they reduce profits and therefore the corporation tax liability of the company. Financial Reporting Standard 5, Reporting the Substance of Transactions, is aimed at such off-balance-sheet finance

Accounting dictionary. 2014.

Look at other dictionaries:

  • hidden reserve — Funds held in reserve but not disclosed on the balance sheet (they are also known as off balance sheet reserves or secret reserves). They arise when an asset is deliberately either undisclosed or undervalued. Such hidden reserves are permitted… …   Big dictionary of business and management

  • hidden reserve — noun reserves that do not show up on the balance sheet (as by understating values) • Hypernyms: ↑reserve account, ↑reserve fund • Hyponyms: ↑cookie jar reserve * * * noun : secret reserve …   Useful english dictionary

  • reserve account — noun funds taken out of earnings to provide for anticipated future payments • Syn: ↑reserve fund • Hypernyms: ↑reserve, ↑backlog, ↑stockpile • Hyponyms: ↑hidden reserve, ↑pool, ↑ …   Useful english dictionary

  • reserve fund — noun funds taken out of earnings to provide for anticipated future payments • Syn: ↑reserve account • Hypernyms: ↑reserve, ↑backlog, ↑stockpile • Hyponyms: ↑hidden reserve, ↑pool, ↑ …   Useful english dictionary

  • Hidden Valley Inn & Reserve — (Blancaneau,Белиз) Категория отеля: 4 звездочный отель Адрес: 4 Cooma Cair …   Каталог отелей

  • reserve — {{Roman}}I.{{/Roman}} noun 1 supply of sth available to be used in the future ADJECTIVE ▪ great, huge, large, substantial, vast ▪ adequate, sufficient ▪ …   Collocations dictionary

  • reserve — [[t]rɪzɜ͟ː(r)v[/t]] ♦♦ reserves, reserving, reserved 1) VERB: usu passive If something is reserved for a particular person or purpose, it is kept specially for that person or purpose. [be V ed for n] A double room with a balcony overlooking the… …   English dictionary

  • reserve — I (New American Roget s College Thesaurus) n. restriction, qualification; restraint, caution, reticence, dignity; store, stock. See silence, modesty, economy, taciturnity. II (Roget s IV) n. 1. [A portion kept against emergencies] Syn. savings,… …   English dictionary for students

  • hidden — adj. Hidden is used with these nouns: ↑agenda, ↑asset, ↑assumption, ↑camera, ↑cause, ↑compartment, ↑corner, ↑cost, ↑curriculum, ↑danger, ↑depth, ↑desire …   Collocations dictionary

  • cookie jar reserve — noun a hidden reserve that can be used to adjust quarterly earning reports • Hypernyms: ↑hidden reserve …   Useful english dictionary

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