People deal with securities in different ways and purposes, whether these are debt securities, equity securities or derivative contracts. We utilize securities for investing purposes, like when we invest in shares of stocks to earn a percentage of the corporation’s profit or to … [Read more...]
What are Securities in Finance?
We always read the term securities from financial and investing books. We always hear them from business and economic news. If we take a look on some financial statements of publicly listed companies, we can see securities. So what are securities or what is a security in terms of … [Read more...]
How to Compute Your Business Profit
What is a business profit? Business profit refers to the excess of the business' total income less all expenses within the accounting period, which may be presented monthly, quarterly or annually. However, please be informed that a loss, instead of a profit, will be the result if … [Read more...]
What is the Difference between Income, Revenue, and Gain?
What is the difference between income, revenue, and gain? These accounting terms are usually presented and seen in the income statement. They may have similarities, but they are actually different from each other. Financial statements preparers, accountants, and other accounting … [Read more...]
October 2012 CPA Board Exam Results and List of Passers
Update as of October 15, 2012: The official results have been officially released by the PRC! Please see the Roll of Successful Examinees in the October 2012 CPA Licensure Examination below: Previous post as of October 14, 2012: Sunday, October 14, 2012, is the last day of the … [Read more...]
What is the Difference between Cost and Expense?
What is the difference between cost and expense? These two economic or accounting terms are often used interchangeably. We read them in accounting and financial reports. And as business owners, we have to learn how to differentiate the two. The following are the differences … [Read more...]
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