FISCAL YEAR - FY
Fiscal year is a period companies or governments use for accounting purposes and preparing financial statements. It may or may not be the same as a calendar year. For tax purposes, companies can choose to be calendar-year taxpayers or fiscal-year taxpayers. The default IRS system is based on the calendar year, so fiscal-year taxpayers have to make some adjustments to the deadlines for filing certain forms and making certain payments. In many instances, even fiscal year taxpayers must adhere to the calendar-year deadlines.
POPULAR TERMS
MXN
Currency abbreviation for Mexican peso, official currency of Mexico. The currency is comprised of 100 centavos and presented with the symbol $ or M ...
Buy Stops Above
Recommendation to purchase a given security once a security’s price surpasses a particular resistance level by putting a buy stop order at th ...
Best Efforts
An agreement where an underwriter promises to make a full-fledged attempt to sell as much of an initial public offering as possible to the public. ...
Held by Production
A provision in an oil property lease that lets the lessee, often an energy company, to continually drill on the property so long as it is producing ...
Incremental Value at Risk
Amount of uncertainty added or deducted from an investment portfolio by buying a new instrument or selling an old one. Investors use incremental Va ...
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SEE FOREX TUTORIAL
Ethical Investing: Looking Into Ethical Investments
For studying socially responsible investments, the key word is ethics, of course.
View every corporate webs ...
Renovate or Move?
You have a well-furnished home with a garden full of flowers and plants. Imagine sharing your beautiful abode, which has four bedrooms, a kitchen, ...
Digesting Financial Statements: Introduction
Financial statements open a window how healthy a company is (in terms of finances). This document presents the financial activities of a person or ...
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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Digesting Financial Statements: Cash Flow
Companies generate money from borrowers and/or borrow money from creditors. Next, firms purchase assets and/or finance projects and programs. Then, ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 01:01 | BRC Retail Sales Monitor | Sep | |
| 01:50 | Bank Lending | Sep | |
| 01:50 | Domestic Corporate Goods Price Index | Sep | |
| 02:30 | NAB Business Confidence | Sep | |
| 02:30 | Monetary Policy Meeting Minutes | ||
| 08:00 | CPI | Sep | |
| 08:00 | Harmonized CPI | Sep | |
| 12:00 | NFIB Small Business Index | Sep | |
| 16:00 | Existing Home Sales | Sep |


