SETTLEMENT DATE ACCOUNTING
Settlement Date Accounting is an accounting method similar to trade date accounting. It is used by accountants and bookkeepers alike for recording transactions in the general ledger of a company after a given transaction has been settled. It is when the performance of both parties within a transaction has been satisfied. At the settlement, all interest related to any transaction is accrued under settlement date accounting.
POPULAR TERMS
Financial Modeling
A method of constructing a financial representation of all aspects of a firm or given security. It is typically characterized by performing calcula ...
Cost Center
Department, division, or unit within an organization responsible for providing additional funding to cover operation costs. It only contributes to ...
Xenocurrency
Xenocurrency refers to a currency which is trading in foreign markets such as those outside its domestic boundaries.
Hope Credit
A nonrefundable education tax credit that may be claimed for students that have yet to complete two years of post-secondary education. The Hope Cre ...
Specific Risk
Specific risk is also known as ‘unsystematic or diversifiable risk’. It is the risk that influences only specific assets which means th ...
POPULAR ARTICLE
SEE FOREX TUTORIAL
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 ...
Student Loans: Consolidating Private Loans
Fixed interest rates.
That is one viable reason for consolidating private loans although you are not mulling over that option. Private lo ...
Retirement Planning: Maximizing the Power of Compounding
“The early bird catches the worm.” – William Camden
Principles of Trading: Introduction
Trading is an active participation in the financial markets. Those who partake in buy-and-hold investing are called traders. Also called market pla ...
So You Want A Job in Financial Careers: A Guide
In this tutorial, we will explore the different kinds of financial careers, the various basics of the financial industry, what you need to do in or ...
ECONOMIC CALENDAR
Time | Country | Indices | Period |
---|---|---|---|
02:30 | PMI Manufacturing | Mar | |
02:30 | Tertiary Industry Index | Mar | |
02:30 | PMI Composite | Mar | |
10:15 | PMI Manufacturing | Mar | |
10:15 | PMI Services | Mar | |
10:15 | Composite PMI | Mar | |
10:15 | Composite PMI | Mar | |
10:30 | PMI Manufacturing | Mar | |
10:30 | PMI Services | Mar |