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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Finance for Individuals
Finance for Individuals
Ensure Diversification of Clients` Investments
Sure, your clients know they should not put all of their eggs in one basket when investing. But they tend to forget that saying. Advisors, you are much aware of the consequences of not diversifying their portfolio.
Financial Literacy
Financial Literacy
Financial Events that Shape Life in 2016
So far, these are the top three financial changes which have made a huge impact on how we live our everyday life this 2016. Experts cautioned the following events won’t come to an end anytime soon – and to expect the unexpected.
Investment Instruments
Investment Instruments
Handle Your Stock Options Right
There are two types of stock options, with varying rules and tax issues: Incentive stock options and non-qualified stock options: An ISO has no tax liability when you exercise the options and hold the stock, until you declare a non-sale disqualifying disposition or sell the shares.
Money Smart
Money Smart
5 Outlandish Insurance Policies in the World
“Your range of available choices –  right now – is limitless.” – Frederick Carl Frieseke This quote is also applicable in insurance. If you can think of a risk, you can possibly insure it.
Taxation in Finance
Taxation in Finance
Lower Your Alternative Minimum Tax Like a Pro
Income taxes are computed in two ways: using the standard tax system and the alternative minimum tax. The alternative minimum tax seeks to ensure taxpayers pay at least the minimal amount of income tax.
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