Term of the day

Term of the day

Statutory Audit

Statutory Audit is is the act of legally auditing a company’s and government’s financial records for accuracy that is mandatory. This is done to ensure the fair and accurate representation of financial position. ...

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Building Wealth
Building Wealth
Determining Stock Value: What Should You Look For?
Starting out an investment entails a lot of factors to consider so as not to put your money to waste. Among the many steps in investing is picking out which stocks you should invest on, hence it is important that you choose carefully based on determinants that indicate its value.
Financial Literacy
Financial Literacy
Crossing the Dark Side of the World Trade Organization
Since its creation in 1995, the World Trade Organization (WTO) has been surrounded with controversies. Although WTO sets the global trading rules, the article will discuss its responsibilities and the external factors that oppose the organization.
Investment Instruments
Investment Instruments
Basic Forex Concepts
The forex market is the largest financial market and one of the most lucrative markets in the world. Many individuals, regardless of their experience, find it attractive as besides the profit and t he size, it does not require its participants to be experts.
Taxation in Finance
Taxation in Finance
Introducing the Federal Tax Brackets
The first federal income tax statute stemmed from enacting the Revenue Act of 1861, which was passed by the Union government to help fund expenses related to Civil War. Then the second revenue was passed in 1862, which introduced two tax brackets: 3% for annual incomes ranging from $600 to $10,000, and 5% on incomes $10,000 and above.
For Beginners
For Beginners
Glossary. The Major Forex Market Terms.
Forex Foreign Exchange – a term meaning conversion operations – deals of currency market agents of exchanging the specified amounts of one country currency to another one at a negotiate d price for a certain date.
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