ACCOUNTING CHANGES AND ERROR CORRECTION
Made by the Financial Accounting Standards Board (FASB) the Accounting Changes and Error Correction is a pronouncement that outlines the rules for correcting and applying changes to financial statements. The pronouncement was issued in May 2005 , Number 154, replaces FASB Statement No. 3 and the Accounting Principle Board (APB) Opinion No. 20.
POPULAR TERMS
Troubled Asset
Assets that are overpaid by banks including loans made to borrowers who can no longer fulfill their debt obligations. Often guaranteed by collatera ...
Assignable Contract
A futures contract that has a provision which allows the contract holder to bear his/her rights of assignment into a third party. This permits the ...
Warm Card
Warm Card is a type of ATM card through which an individual can have restricted access to a business account. Usually, this card only allows deposi ...
Shanghai Stock Exchange
The Shanghai Stock Exchange is the stock exchange of mainland China. It is by far, the largest stock exchange managed by the China Securities Regul ...
Clearing Fee
Fee a clearing house charges for its services. Often associated with futures trading, it include both brokerage fee and clearing fee.
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SEE FOREX TUTORIAL
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Financial statements open a window how healthy a company is (in terms of finances). This document presents the financial activities of a person or ...
Income Sources for Creating Retirement Fund
We have already tackled the overview of retirement, its significance, and allocating money for it, the next we are about to discuss is looking for ...
Principles of Trading: Automating Strategies
An automated trading system basically lets a computer to do the work of a trader by setting certain rules for entering and exiting trades. That com ...
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 ...
Renovate or Move?
You have a well-furnished home with a garden full of flowers and plants. Imagine sharing your beautiful abode, which has four bedrooms, a kitchen, ...
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00:00 | FOMC Member Patrick T. Harker Speaks | ||
00:00 | FOMC Member Patrick T. Harker Speaks |