AUDIT DEPARTMENT
A unit inside a company which is responsible for monitoring the procedures and accuracy of accounting functions and recording keeping within the company. The audit department performs periodic audits, normally more meticulous than those conducted by the independent public accountants of the company.
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Brokerage Supervisor
Brokerage company officer responsible for appointing, training, and managing brokers, as well as for selling the products to the brokers. The super ...
Incremental Dividend
Series of regular increases to a company’s dividend. Many huge corporations prefer to include this policy because it demonstrates the firm&rs ...
Balloon Option
An option contract wherein the strike price dramatically increases after the price of the underlying asset reaches a specified threshold. A balloon ...
Activity Center
An amalgam of activity costs related with specific processes and accounted in activity-based costing (ABC) systems. Ever activity center is identif ...
Parity
Parity is defined as:
It is a situation of equality. It may appear in many different context, but it constantly means two t ...
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SEE FOREX TUTORIAL
How Do You Intend to Live?
How do you want to live?
You are no longer happy with the current state of your home. So you are mulling the idea of moving out or remode ...
A Guide to Your Personal Income Tax: Avoid Awful Surprises
Who loves to be surprised by the Internal Revenue Services? No one (unless it is a tax refund). The federal agency has its way of shocking taxpayer ...
Student Loans: Consolidating Federal Loans
If you find it difficult to monitor and pay the student loans on your own, and want to reduce your monthly payment and lengthen the repayment sched ...
A Primer on Retirement Planning
Every person dreams of enjoying their lives once they reach their golden years. Most people desire living in a house with a beach front view or a m ...
Starting Your Own Small Business: Financing a Business
After choosing the business you want to go into, regardless of the line of business, you need a startup capital in order to keep the business going ...
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