ACCOUNTANTS LETTER
It is a letter that follows after the financial report. This letter is produced by the company’s independent auditors. The letter summarizes the scope of the accountant’s audit and the general result of it. The term is often substitute with the term "auditor’s opinion".
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Active Asset
An asset employed by a business in its routine or daily operations. Active assets can be tangible such equipment or building or intangible such cop ...
Option Income Fund
This type of mutual fund’s goal is to generate current income for its investors from the premium it earns by selling ...
Noise
Price and volume fluctuations in the market that can confuse one's interpretation of market direction. Used in the context of equities, it is s ...
Israel Kirzner
Foremost Austrian economist and professor emeritus of economics at New York University. He is known for his work in the economics of knowledge and ...
Hammer
A candlestick price pattern that exists when a security trades significantly lower than its opening, but rallies later in the day to close either a ...
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SEE FOREX TUTORIAL
Introduction to Inflation
I asked my grandparents about the cost of living during World War II. They told me people during that period could buy a house for $5,000, a car fo ...
Connection of Inflation and Interest Rates
We cannot simply ignore the connectivity of inflation and interest rates. Both items are interrelated. So, whenever there is a news item about a co ...
A Guide to Your Personal Income Tax: Last-Minute Moves
December 31 is fast approaching. The next thing you know you need to file your income tax return. So before you get swarmed by the hustle and bustl ...
Ethical Investing: Its Advantages and Disadvantages
Believe it or not, ethical investing comprises a huge emotional component. Investors are human; therefore, they let emotions drive their decisions. ...
What is the Standard Moving Cost?
You concluded remodeling is expensive upon considering all important factors. So you decided to move to another house instead. But, is moving less ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 02:00 | Mid-Year Economic and Fiscal Outlook | ||
| 02:01 | Rightmove House Prices | Dec | |
| 04:00 | Fixed Asset Investment | Nov | |
| 04:00 | Industrial production | Nov | |
| 04:00 | Retail Sales | Nov | |
| 04:00 | Unemployment Rate | Nov | |
| 04:00 | NBS Press Conference | ||
| 06:30 | Tertiary Industry Index | Oct | |
| 09:00 | Wholesale Price Index | Nov |
