Glass-Steagall Act – What It is And Do We Need It?
The Glass-Steagall Act (GSA) came into being in 1933, tightening the regulations on the commercial banks. It followed the 1929 stock market crash and the Great Depression. At the …
GAAP
What is GAAP? Generally Accepted Accounting Principles (US) are the commonly followed and accepted set of rules, procedures, and guidelines adopted by SEC (Securities and Exchange Commission) for reporting …
Systematic Risk – Meaning, Types And How To Measure It
Systematic risk occurs due to macroeconomic factors. It is also called market risk or non-diversifiable or volatility risk as it is beyond the control of a specific company or …
Bad Debts
Bad Debts Meaning A bad debt is a receivable that is now irrecoverable from that person who was supposed to pay the same. The reason for nonpayment by the …
Trial Balance
Trial Balance Meaning The trial balance is a bookkeeping systematized worksheet containing the closing balances of all the accounts. There are two sides of it- the left-hand side (Debit) …
Flotation Cost
What is Flotation Cost in Finance? Flotation cost is the fee charged by investment banker for its assistance in raising new capital. This flotation cost includes legal fees, underwriting …
Throughput – Helps You To Remove Bottleneck And Maximize Profit
Throughput is the amount of product or service that passes through a production process during a period of time. It is also called the flow rate and measures the …
Fixed Asset Accounting
What are Fixed Assets? Fixed assets are tangible assets purchased for the supply of services or goods, use in the process of production, letting out on rent to third …
How to Become an Investment Banker?
Like most aspiring investment bankers, you probably typed “courses to become investment banker” in your Google browser and ended up here! However, the question you are asking is wrong. …
Dividend Per Share Calculator
Dividend per share calculator is a simple calculator that accurately and readily calculates the metric. What is Dividend Per Share (DPS)? Dividend per share is an absolute figure that …