ABSORPTION COSTING
A cost method in managerial accounting which expenses all of the costs associated on a particular product’s manufacturing. Absorption costing employs the overhead costs and direct costs associated with a product's manufacturing process as the cost base. GAAP (Generally accepted accounting principles ) requires absorption costing for the external reporting.
POPULAR TERMS
Sir Allen Stanford
Sir Allen Stanford is a former banker. He is most famous for undergoing investigation due to allegations of securities fraud that involved $8 billi ...
Cost Accounting
Accounting process seeking to know a firm’s production costs by determining and evaluating the input costs of every production step, as well ...
Book Runner
The lead manager in the issuance of new equity, debt or securities instruments. More than one book runner can manage a security issuance, in which ...
Debit Spread
Two options with different market prices that an investor trades on the same underlying security. The higher priced option is purchased and the low ...
Shadow Banking System
The Shadow Banking System is the financial intermediaries that are present in the facilitation of the creating credit across the global financial s ...
POPULAR ARTICLE
SEE FOREX TUTORIAL
A Guide to Your Personal Income Tax: Steps to Take before April 15
Taxpayers, remember these two dates when filing your tax return: December 31 and April 15. We have previously discussed what to do before the year ...
Principles of Trading: Automating Strategies
An automated trading system basically lets a computer to do the work of a trader by setting certain rules for entering and exiting trades. That com ...
Inflation and Investments
“How does inflation affect my investments?”
Most investors ask this question, particul ...
Principles of Trading: Introduction
Trading is an active participation in the financial markets. Those who partake in buy-and-hold investing are called traders. Also called market pla ...
Student Loans: Repaying Debts Faster
Student loans may not be paid overnight, but we want to pay it off in a fastest way possible. Is it possible?
Before anything else, one h ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 01:01 | Rightmove House Prices | Aug | |
| 08:00 | PPI | Jul | |
| 12:00 | Bundesbank Monthly Report | ||
| 15:15 | BOC Senior Deputy Governor Carolyn Wilkins Speaks | ||
| 16:30 | Leading Index (Conference Board) | Jun | |
| 17:00 | FOMC Member Raphael W. Bostic Speaks | ||
| 20:00 | ECB's Jens Weidmann Speaks | ||
| 00:00 | RBA Governor Philip Lowe Speaks | ||
| 00:45 | Visitor Arrivals | Jul |
