HIERARCHY OF GAAP
An outline for determining the most appropriate sources for obtaining guidance on U.S. generally accepted accounting principles. The applicable hierarchy of GAAP that applies to nongovernmental entities is laid out by the Financial Accounting Standards Board (FASB) Statement 162, issued in May 2008.
POPULAR TERMS
Short Sale
Short Sale is a market transaction described by the action of selling borrowed securities with the expectation that prices will fall. The short sal ...
Autoregressive Conditional Heteroskedasticity - ARCH
An econometric jargon employed monitored time series. ARCH models are employed to show financial time series together with time-varying volatility ...
Tokyo Stock Exchange - TSE
Biggest stock exchange in Japan with more than 2,000 listed firms and a combined market capitalization of more than $4 trillion as of 2014. Establi ...
Accounting Policies
Rules or procedures that are given by the company when preparing their financial statements. It includes methods, measurements or procedures for di ...
Earnings Before Tax - EBT
Measuring a firm’s financial performance excluding taxes, which is computed as revenue less expenses. It is a line on the firm’s income ...
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SEE FOREX TUTORIAL
A Guide to Your Personal Income Tax: Essentials
In the United States, the progressive tax system is one of the most important yet misunderstood concepts of tax planning. Whenever people are asked ...
The Types of Stock
Now that you’ve learned the basics of stocks, what it is, and how it works, we can now learn more about them. The next thing you need to know ...
Introduction to Banking
Banking is an integral part of any financial system. In order to keep your money safe and start building wealth, you need a place where your funds ...
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, ...
Principles of Trading: Risk Management
It is imperative for traders to master risk management, which includes knowing how much you could lose per trade or over time and evaluating the pe ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 10:15 | PMI Manufacturing | Nov | |
| 10:15 | PMI Services | Nov | |
| 10:15 | Composite PMI | Nov | |
| 10:30 | PMI Manufacturing | Nov | |
| 10:30 | PMI Services | Nov | |
| 10:30 | Composite PMI | Nov | |
| 11:00 | PMI Manufacturing | Nov | |
| 11:00 | PMI Services | Nov | |
| 11:00 | Composite PMI | Nov |
