Encyclopedia

Official promulgations, known as STATEMENTS OF FINANCIAL ACCOUNTING STANDARDS, by the FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) which are part of GENERALLY ACCEPTED […]

Presentation of financial data including BALANCE SHEETS, INCOME STATEMENTS and STATEMENTS OFCASH FLOW, or any supporting statement that is intended to communicate […]

Fixed Assets. Assets that will provide benefits to a company for more than one year, such as real estate, land, or expensive machinery […]

Fixed Cost. An expense that is not usually affected by changes in Revenue. For example, rent and admin salaries tend not to change […]

SEC filing which is the ANNUAL REPORT due 90 days after the registrant’s BALANCE SHEET date.

SEC filing which is the quarterly report due 45 days after each of the first three quarter.ends of each fiscal year.

SEC filing which is a filing that must be made on the occurrence of an event that is deemed to be of […]

A form that specifies the number of EXEMPTIONS claimed by each employee and that gives the employer the authority to withhold money […]

Legal arrangement whereby the owner of a trade name, franchisor, contracts with a party that wants to use the name on a […]