Management Accounting
A managed currency can be defined as a currency foreign or local whose exchange rates can be affected and can be changed by the intervention of a third party such as central bank. This concept is opposite the determining price of those currencies where
Managed account can be defined as an account that is owned by an investor but it is managed and supervised by a paid and professional money manager. They should not be confused with the mutual funds accounts as the mutual fund accounts are jointly
A business broker is a person that is expert in the sales and purchase of the companies not the goods or services of the companies. A business broker facilitates the investors and the individuals that are interested in the sales and purchase of their
Financial ratios are the key financial figures that describe the financial status and financial performance of the company. Here we are describing different financial ratios with their perspective and presentation in the balance sheet. Financial Ratio Calculation of the ratio Description in balance sheet
Offering price can be defined as the price that is offered for the publicly issued securities. These publicly issued securities are presented for purchase by the investment banks underwriting the issue. The offering price of a publicly issued security also includes the fee of
Obligation bond can be defined as a municipal bond. This kind of municipal bond is used to secure a mortgage over the properties or any other physical asset that can be liquidated in near future. The objObligation bond can be defined as a municipal
Bond Covenant can be defined as a legally agreement or a legal binding force that exists between the bond issuer and the bond holder. These are the legal bindings that are designed to protect the rights of both the parties involved in bond issuing
Accounting control are the methods and practices that are implemented by an organization or a business entity to help in ensuring the validity and the authenticity of their own financial statements that are issued by the business. The accounting controls are a sort of
Accumulation bonds are the bonds where the interest keeps accumulating over the face value of the bond but it is not paid until the bond actually matures. If someone is using accumulation bonds they don’t need to pay coupon payments of interest that are
Amortizable bond premium is an accounting terms that defines the tax related to the excessive premium that is paid by the business entity over the face value of a given bond. The tax traits of the bond depends upon its type as there are
Bond power is a legal and ethical document that is used to transfer the bond ownership from one party to the other. This document is used as an authority document that transferred the power of a registered bond from one party to the other
Bond Yield can be defined as the amount of the return that an investor or a bond holder is going to enjoy on its bonds. There are a number of different types of bond yields depending upon the types of the bonds and their
Absolute performance standard can be defined as the way to measure the performance of an organization or a business entity in its respective area of activity. Absolute performance standard is an indicator that indicates how well and how efficiently a business is conducting its
Absolute Interest can be defined as total and complete ownership of the entire asset or property or single asset or property of a business. The owner having absolute interest has the complete possession of property or a certain asset and the owner has the
The concept of above the line costs is associated with the production of the advertisement for a product or for the service of the business. These are the costs of the advertisements that are associated with the creative side of the production of the
A saving account is a deposit account of an individual or a business entity that holds the principle security and earns a modest rate of interest over the principle amount after a decided time span or accounting period. Sometimes depending upon the type and
Accounting period can be defined as the time frame or time period in which the accounting and financial events of a business take place. For most of the companies the accounting period is a time span of one year or a quarter however it
The sales variance can be defined as the difference between the quantities of different types of products or product mix actually purchased by the business as compared to the quantity of product or service expected by the business to be sold. The major objective