GENERALLY ACCEPTED AUDITING STANDARDS - GAAS
Set of systematic guidelines for auditing private firms, specifically their finances, to ensure accuracy, consistency, and validity of auditors’ activities and reports. GAAS are divided into three categories: general standards, standards of fieldwork, and standards of reporting. It aims to minimize the possibility of missing material details.
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Mutual Fund Cash Level
Percentage of a mutual fund’s total assets that are presently held as cash or cash equivalents. While it can pertain to the cash level of a s ...
Bearish Harami
A trend marked by a huge candlestick followed by a tinier candlestick with a body that can be seen in the vertical range of the bigger candle's ...
Special Finance
Special finance is a sector in in the auto lending industry that is exclusive to borrowers that have a bad credit history. Special financing here i ...
Gerard Debreu
French-American economist and mathematician who was awarded the 1983 Nobel Memorial Prize in Economics for his general equilibrium theory. He becam ...
Estate Freeze
Asset management strategy employed by estate owner which aims to transfer assets to his heirs without tax consequence. Most of the time, the owner ...
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SEE FOREX TUTORIAL
Retirement Planning: Maximizing the Power of Compounding
“The early bird catches the worm.” – William Camden
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, ...
Digesting Financial Statements: Long-Lasting Assets
Long-lived assets, also known as non-current assets, is any asset a company expects to keep for at least one year. Such assets are expected to boos ...
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 ...
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 ...
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