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.
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Backup Withholding
Tax which is levied on the investment income, at a fixed tax rate, as the investor pulls it out. Backup withholding aids in ensuring that the gover ...
Stroud Pound
Local, private currency used in Stroud, Gloucestershire. Launched in 2009, it is an initiative supporting and stimulating the local economy by enga ...
Phantom Income
Income paid to a taxpayer during the tax year that is not constructively received at the taxpayer's end. Phantom income is not terribly common, ...
Capital Gains Distribution
In a mutual fund, this is the payment of proceeds incited by a manager of fund’s liquidation of underlying securities and stocks. This takes ...
Market Capitalization Rule
A regulation made by New York Stock Exchange (NYSE) to determine the minimal market value of every firm. The rule states companies should maintain ...
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SEE FOREX TUTORIAL
Retirement Planning: Maximizing the Power of Compounding
“The early bird catches the worm.” – William Camden
Ethical Investing: Leaving an Ethical Imprint
After selecting the rightful ethical investments and making it work, it is about to decide how to disburse your assets after you die. You have two ...
The Concepts of Economics: Scarcity
To fully grasp the essence of what economics is, we must first understand the concept of scarcity along with the branches of study under economics ...
Ethical Investing: Environmentally-Conscious Investing
Environmentalist or not, as an investor, you care so much about your surroundings. Hence, you invest in companies that can reduce their negative im ...
Health Savings Account: Introduction
In essence, health savings account shoulders any health- and medical-related expenses that are not included in the high-deductible health plan. Pay ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 01:50 | Retail Sales | Oct | |
| 02:30 | Company Operating Profits | 3 quarter | |
| 10:00 | CPI | Nov | |
| 10:30 | BOJ Governor Haruhiko Kuroda Speaks | ||
| 11:30 | M4 Money Supply | Oct | |
| 11:30 | Mortgage Approvals | Oct | |
| 11:30 | Net Lending to Individuals | Oct | |
| 12:00 | Consumer Confidence | Nov | |
| 15:00 | CPI | Nov |
