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
Applied Overhead
Under the method of cost-accounting, it records applied overhead which is the fixed charge to a department in a company or specific job production. ...
Currency Substitution
Replacing the domestic currency with a foreign currency in a transaction. Governments and citizens of developing nations have used foreign currenci ...
Black Tuesday
The Dow Jones Industrial Average lost 12% or over 16 million shares in a panic selloff on October 29. 1929.
Deductible
An amount subtracted from an individual's adjusted gross income to reduce the amount of taxable income. The amount you have to pay out-of-pocke ...
Jeffrey Sachs
An American economist and Director of the Earth Institute. Sachs also teaches sustainable development and health policy and management at Columbia ...
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SEE FOREX TUTORIAL
Buying a Home: Getting Pre-Approved for a Mortgage
You have determined the amount needed to buy the home of your dreams. Now, figure out the amount a bank can lend you. The rationale behind this is ...
Student Loans: Federal Loans
Most of the students mull over the idea of maximizing the federal loan availability first before borrowing for college through a private loan. Norm ...
Do I Need to Move Out or Renovate My House?
Before deciding whether to move our or remodel your home, you need to consider some other factors.
Emotional Attachments. You&rs ...
A Guide to Your Personal Income Tax: Common Filing Mistakes
Failure to file the return on time is the most common mistake committed by taxpayers. Here are some of the other mistakes, which can cost you a lot ...
Ethical Investing: Looking Into Ethical Investments
For studying socially responsible investments, the key word is ethics, of course.
View every corporate webs ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 05:00 | Credit Card Spending | Aug | |
| 12:00 | Bundesbank Monthly Report | ||
| 14:30 | New Housing Price Index | Aug | |
| 16:00 | Federal Reserve Chairman Jerome Powell Speaks | ||
| 16:00 | Federal Reserve Chairman Jerome Powell Speaks | ||
| 16:00 | FOMC Member Randal K. Quarles Speaks | ||
| 16:00 | FOMC Member Lael Brainard Speaks | ||
| 18:00 | FOMC Member Lael Brainard Speaks | ||
| 18:00 | FOMC Member Lael Brainard Speaks |
