FINANCIAL SHENANIGANS
Acts that are designed to mask the true financial performance or position of a company. Financial shenanigans can range from relatively minor infractions involving creative interpretation of accounting rules to outright fraud over many years. In almost every instance, the revelation that a company’s stellar financial performance has been due to financial shenanigans rather than management prowess will have a calamitous effect on its stock price and future prospects. Depending on the scale and scope of the shenanigans, the repercussions can range from a steep sell-off in the stock to the company’s bankruptcy and dissolution.
POPULAR TERMS
Fuzzy Logic
A mathematical logic that attempts to solve problems by assigning values to an imprecise spectrum of data in order to arrive at the most accurate c ...
Blanket Lien
Lien authorizing the lenders to seize all or almost all assets and collateral of a debtor in the event of default. It provides maximum protection t ...
White List States
White List States is a group of US countries that allow the addition of a specialized liability or property coverage by a nonadmitted insurer in th ...
Accumulated Other Comprehensive Income
It is usually found in the equity section of a company’s balance sheet. It measures the gain and the losses of a business that have yet to be ...
Term Sheet
Non-binding agreement outlining the basic terms and conditions of a potential venture capital investment, acting as a template to develop more deta ...
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SEE FOREX TUTORIAL
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Can You Afford the Renovation Cost?
Do you want to know if your current home can withstand any renovation? Consult the following professionals first for guidance.
Buying a Home: Obtaining a Homeowners Insurance
You are one step closer to acquiring your dream house, and you want to make sure it has substantial protection against any disaster or occurrence t ...
Retirement Planning: Allocating Money for Retirement
In the previous tutorial, we outlined the significance of retirement. Now, let’s talk about the how in retirement planning.
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Ethical Investing: Socially Responsible Investing
Socially responsible investors look for socially responsible companies, especially their relations with outsiders.
First and foremost, th ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 22:50 | Gross Domestic Product | 2 quarter | |
| 03:30 | CPI | Aug | |
| 03:30 | PPI | Aug | |
| 07:00 | Economy Watchers Survey | Aug | |
| 10:30 | Sentix Investor Confidence | Sep | |
| 16:00 | Wholesale Inventories | Jul | |
| 21:00 | Consumer Credit | Jul | |
| 00:45 | Manufacturing Sales | 2 quarter | |
| 01:50 | M2 Money Supply + CD | Aug |
