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
Fixed Assets. Assets that will provide benefits to a company for more than one year, such as real estate, land, or expensive machinery and equipment. ... Read MoreRead More
Fixed Cost. An expense that is not usually affected by changes in Revenue. For example, rent and admin salaries tend not to change with variations in revenue. ... Read MoreRead More
SEC filing which is the ANNUAL REPORT due 90 days after the registrant’s BALANCE SHEET date. ... Read MoreRead More
SEC filing which is the quarterly report due 45 days after each of the first three quarter.ends of each fiscal year. ... Read MoreRead More
SEC filing which is a filing that must be made on the occurrence of an event that is deemed to be of significant importance to SECURITY holders. ... Read MoreRead More
A form that specifies the number of EXEMPTIONS claimed by each employee and that gives the employer the authority to withhold money for an employee’s FEDERAL INCOME TAXES and Federal ... Read MoreRead More
Legal arrangement whereby the owner of a trade name, franchisor, contracts with a party that wants to use the name on a non-exclusive basis to sell goods or services, franchisee. ... Read MoreRead More