Dividends
Dividends: Profits distributed to shareholders. ... Read MoreRead More
Dividends: Profits distributed to shareholders. ... Read MoreRead More
Double-Entry System: The accounting method where every transaction affects at least two accounts (debit and credit). ... Read MoreRead More
(1) Procedures performed by underwriters in connection with the issuance of a SECURITIES EXCHANGE COMMISSION (SEC) registration statement. These procedures involve questions concerning the company and its business, products, competitive ... Read MoreRead More
Wages, salaries, professional fees, and other amounts received as compensation for services rendered. ... Read MoreRead More
Compensation arrangement, generally in writing, used by employers in addition to salary or wages. Some plans such as group term life insurance, medical insurance and qualified retirement plans are treated ... Read MoreRead More
A document whereby the AUDITOR identifies all significant findings or issues. The document should be as specific as necessary in the circumstances for a reviewer to gain a thorough understanding ... Read MoreRead More
Equity. The difference between a company’s Assets and Liabilities. It shows how much money the owners have invested or re-invested in the company. ... Read MoreRead More
Expense. Any money spent by the business, most often for goods or services. ... Read MoreRead More
Official promulgations, known as STATEMENTS OF FINANCIAL ACCOUNTING STANDARDS, by the FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) which are part of GENERALLY ACCEPTED ACCOUNTING PRINCIPLES (GAAP) in the United States. ... Read MoreRead More
Presentation of financial data including BALANCE SHEETS, INCOME STATEMENTS and STATEMENTS OFCASH FLOW, or any supporting statement that is intended to communicate an entity’s financial position at a point in ... Read MoreRead More