It is a component of internal control in an entity. It sets the tone of the entity and affects how...

It stands for above the line; in the income statement (profit and loss/ PnL) it describes income and expenditure (expenses)...

An accounting technique whereby accounts are classified according to their aging- i.e., due dates or billing dates, in order to...

In the income statement (profit and loss/ PnL) it describes income and expenditure (expenses) before taxes; it is said that...

The reference rate which is used to calculate the premium that a bond buyer will pay. Adding a spread to...

A market tool that measures investors' feelings about stock option risk levels in a particular stock index (the S&P 100)....

A hedge that aims to mitigate the risks associated with future cash flows (e.g., the risk of change in foreign...

Interest is considered accrued when it is added to the balance on the account, which accrues on loans such as...

A financial institution that is set up by a government to absorb toxic assets (bad loans and nonperforming loans) owned by state-guaranteed banks...

The band or range in which volatility changes upwardly and downwardly, but not exceeding its upper and lower boundaries. In simple terms,...