The status of an organization ‘s assets and other items listed on the financial statement . It also looks at interrelations among assets. AKA financial condition.

Rights protecting consumers from government access to account information . It is to be kept away from the third party with no authorization from the party that has power over […]

The predictions for future profit and expense for an organization or country. History, internal information , cost data, and other things are considered to get this figure. It generates a […]

Analysis using statement items that reveal their logical relationships.

Documents made by the government at the end of an accounting period . It summarized accounting data and notes on that period. It also has background notes, forms, and any […]

A department or area that has seperate cost data that is collected for reports. It could be a revenue center , support center, or another source with incurring fixed expenses […]

AKA accountig standards or financial accounting standards .

A rule that a policy has to follow state laws they operate in.

A law requiring a policy holder to show they can pay for any losses. It is needed in accidents sometimes depending on the state it happens in. This can be […]

The name given to laws requiring motorists to obtain insurance coverage on vehicles driven on state roads.

A short version of statements showing important elements only.

A profit that is gotten from renting a property or asset.

The loss that occurs in financing. It impairs profit to cover loss.

Costs that a bank gets paid. It can also apply to a financial institution other than a bank.

Skills and offers that are offered by a bank or financial institution . It can be a savings accoung, checking account, confirming, leasing, or money transfer .

A DERIVATIVE contract that requires SETTLEMENT in financial or cash, rather than physical, terms. See also PHYSICAL SETTLEMENT .

A plan to stablize the economy used in the US in 2008-2009. It was intended to solidify the banking systems, stock market, and mortgage markets. It was administered by President […]

A party involved in an investment for a special job that can gain or lose profit depending on the projects competion. They do a specific part of the job that […]

A report showing the firm’s funds. It shows how invested funds are being used by a firm. It shows the current position of a company. It can be a balance […]

To look into the status of a company. Accountants do several things to get to a decision. Some profit and loss analysis, oversee management, and make statements to name a […]

The financing done by a firm to get the support they need for their operations. It is the structure of the companies finances.It shows investments, long term loans, short term […]

When trading partners are connected from the order being placed to the payment. It shows the flow of information and funds opposite off the flow of goods and services model.

The processes used by a company to control finances. It takes many forms like recording, verification , and reporting on transactions. These transactions affect the companies revenues, assets, expenses, and […]

The BENCHMARK index of the London Stock Exchange , comprised of 100 LARGE CAP STOCKS representing a broad range of industries. The FTSE 100 can be traded directly through EXCHANGETRADED […]

An event involving payment, deposits, borrowing money, buying property, or selling property.