SFAC
The Statement of Financial Accounting Concepts (SFAC) is a Financial Accounting Standards Board (FASB) document that covers broad financial reporting concepts for the purpose of providing a general overview of said concepts.
POPULAR TERMS
Multi-Factor Model
A financial model which uses numerous variable in its calculations to demonstrate market equilibrium and/or phenomena in asset prices. This model c ...
Strategic Default
Borrower’s decision to deliberately default on a debt obligation amid its capability to make the payments. Mortgage holders of residential an ...
Trading Below Cash
Situation in which a company’s total shares or market capitalization is lower than its cash on hand minus any debts. It occurs when its growt ...
Brand Equity
Value premium a firm earned from a product with goodwill and name recognition as compared to its generic counterpart. Having a brand equity leads t ...
Price Target
A target price level as stated by an investment advisor.
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Ethical Investing: Socially Responsible Investing
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First and foremost, th ...
Buying a Home: Finding the Best House
Nothing can stop you from looking for the home of your dreams. Even though you have no agent, you can do your own diligence. Drive around neighborh ...
A Guide to Your Personal Income Tax: Essentials
In the United States, the progressive tax system is one of the most important yet misunderstood concepts of tax planning. Whenever people are asked ...
An Introduction to Student Loans
A college education is one of the most essential investment in a person’s life. Unfortunately, in this time and age, it has also become one o ...
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