Glossary

Business

Business terminology defined for finance and technology leaders across Egypt and the GCC.

251 terms

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Showing 121–135 of 251 terms

Cross-Functional What Is a Fixed Asset Register? A fixed asset register is the authoritative record of every long-term asset an enterprise owns or controls, holding for each asset its… Business EPM & Hyperion What Is Forecast Accuracy? Forecast accuracy in Oracle EPM measures how closely forecasts match actual outcomes over time, using measures such as percentage error and bias… Business Cross-Functional What Is Functional Currency? Functional currency is the currency of the primary economic environment in which an entity operates, determined under IAS 21 from the currency… Business Cross-Functional What Is a General Ledger? The general ledger (GL) is the master record of an enterprise's financial transactions, organised by account, entity, cost centre and period, receiving… Business Consultancy What Is Go-Live Readiness? Go-live readiness is the formal, evidence-based assessment of whether an implementation is ready for production, covering test completion, defect status, data migration… Business Cross-Functional What Is Gross Margin? Gross margin is revenue minus cost of goods sold or cost of services, expressed as a percentage of revenue, showing how much… Business Cross-Functional What Is a Group Finance Function? The group finance function is the central finance team in a multi-entity group, responsible for consolidated reporting, group treasury and funding, tax… Business EPM & Hyperion What Is Headcount Planning? Headcount planning in Oracle EPM is the planning of positions, employees, vacancies and hiring dates within the planning application, linked to compensation… Business Intelligent Automation What Is Human-in-the-Loop? Human-in-the-loop is an automation design in which the process pauses at defined decision points and routes specific approvals or judgements to a… Business Consultancy What Is Hypercare? Hypercare is the intensive support period immediately after a system goes live, typically two to eight weeks, in which the implementation team… Business Cross-Functional What Is IFRS 15? IFRS 15 Revenue from Contracts with Customers is the standard, effective from 1 January 2018, that replaced IAS 18 and IAS 11… Business Cross-Functional What Is IFRS 16? IFRS 16 Leases is the standard, effective from 1 January 2019, that requires lessees to recognise most leases on the balance sheet… Business Cross-Functional What Is IFRS 18? IFRS 18 Presentation and Disclosure in Financial Statements is the standard replacing IAS 1 for annual periods beginning on or after 1… Business Consultancy What Is Implementation Partner Selection? Implementation partner selection is the structured process of evaluating and choosing the systems integrator to deliver a technology programme, assessing relevant references,… Business Consultancy What Is Independent Project Assurance? Independent project assurance is structured oversight of a technology programme by a party independent of both the client team and the implementation… Business

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