Accounting records are the supporting documents that verify the history of transactions, audits, and reports. Accounting documents are sometimes required to be kept on file for a certain number of years.
They may be paper or electronic records. Records may include point-of-sale documents such as receipts and invoices, as well as inventory delivery and audit records, and the results of internal and third-party audits from various periods.
These documents are commonly known as a “paper trail,” and, even if they are mostly electronic today, the existence of documents that reaches back several years is a deterrent to fraudulent activity.
Accounting is largely about the reconstruction of material facts concerning the flow of money in a business, and the records are the bricks with which the transaction history can be reconstructed. Accounting firms are required by the SEC to keep accounting records for up to 7 years.
Pre-Holiday Seasonality is the idea that prices will rise or fall before a holiday weekend
A put option gives the owner of the option/contract the right to sell a stock at the strike price named in the contract
You may find it difficult to find IPO shares to buy if you are not already a very active and wealthy investor
The Pension Benefit Guaranty Corporation will insure benefits up to a point, but it may not replace the full value
A Coverdell ESA is an account which can be used to save for educational expenses. They used to be called Educational IRAs
Fully Diluted Shares are used to show how much the existing shares of common stock could potentially be diluted
Debt ratios give a relative picture of a company’s ability to repay debts, make interest payments, and meet other duties
It is becoming increasingly popular today to have an IRA just for bitcoin
The Symmetrical Triangle Top pattern forms when a currency pair price fails to retest a high or low and forms two trend lines