Author: Satheesh Gounder

Experience Jen Smith has been a full-time personal finance writer since 2018. After growing up with no personal finance education at home or in school,

What Are Accounting Controls? Accounting controls consists of the methods and procedures that are implemented by a firm to help ensure the validity and accuracy

The S&P 500 index has been battered and bruised in the past six weeks, dropping nearly 35% before bouncing on March 24, but not all

Health care giant Johnson & Johnson (JNJ) is a component of the Dow Jones Industrial Average. The company has a winning streak of beating earnings

What Is a Subscription Right? A subscription right is the right of existing shareholders in a company to retain an equal percentage ownership by subscribing to

What Is the Banking and Securities Industry Committee (BASIC)? The Banking and Securities Industry Committee (BASIC) was established in 1970 to standardize, automate, and streamline

What Is an Installment Sale? An installment sale is one of several possible approaches to revenue recognition under the rules of Generally Accepted Accounting Principles

What Is a Leverage Ratio? A leverage ratio is any one of several financial measurements that look at how much capital comes in the form

What Is a Red Clause Letter Of Credit? A red clause letter of credit is a specific type of letter of credit in which a