Sean Ross

Investors and lenders rely on financial accounting to obtain critical information about businesses’ financial solvency and the risks they face. The most important benefit of financial accounting, and the benefit the Financial Accounting Standards Board (FASB) most emphasizes is access […]

Samsung vs. Apple’s Business Model: An Overview Is Samsung better than Apple, or is it just a wannabe? The question arises because Samsung Electronics Co. Ltd. (SSNLF) and Apple, Inc. (AAPL) have been engaging in a global pitched battle since

The current account deficit, also referred to as the “balance of payments deficit” or simply “trade deficit,” represents a fiat currency imbalance between the imports and exports of a country. Key Takeaways The current account deficit represents a fiat currency

Who Enforces GAAP? Responsibility for enforcement and shaping of generally accepted accounting principles (GAAP) falls to two organizations: The Financial Accounting Standards Board (FASB) and Securities and Exchange Commission (SEC). The SEC has the authority under securities law to both

Cash purchases are recorded more directly in a company’s cash flow statement than in its income statement. In fact, specific cash outflow events do not appear on the income statement at all. Rather, different items appearing in the operating section of

Corporate treasury was once considered a branch of accounting. But it is now believed to be a specialized field with its own unique career paths. Corporate treasurers are essentially processors: they need to analyze financial information and make informed decisions

What Is On-Balance Volume (OBV)? On-balance volume (OBV), creates a running total of positive and negative trading volume for a stock or security. One of the original momentum oscillators, OBV spawns from Joe Granville’s theory that volume precedes price in

Financial Analyst vs. Actuary: An Overview The financial sector is full of careers for analytical individuals; perhaps no two jobs exemplify this more than the financial analyst and the actuary. These are good careers for those who love math, statistics,

Aggregate demand (AD) is the total amount of goods and services that consumers are willing to purchase in a given economy and during a certain period. Sometimes aggregate demand changes in a way that alters its relationship with aggregate supply

For exchange-traded funds (ETFs), the excess return should equal the risk-adjusted (or beta) measure that exceeds the instrument’s benchmark or annual expense ratio. It’s easy to assess index mutual funds against the benchmark index: just subtract the benchmark’s total return