Archive for March 7th, 2019

ECB’s Forecast Torpedoes the Market

Markets tumbled on pessimism in Europe. Technical levels in emerging markets could be an indicator ahead of Friday's labor report.

Why Do Accountants Use Debit (DR) and Credit (CR)?

There are a few theories on the origin of the abbreviations used for debit (DR) and credit (CR) in accounting.

How to Apply the GAAP to Inventory Reserves

Accountants who apply the GAAP to inventory reserves often use a significant amount of personal judgment.

May to ask EU for concessions to get MPs to back Brexit deal

Speech by PM will remind Brussels that it can influence how MPs will vote next week

Theresa May will make a last-ditch attempt to persuade the EU to give her a better Brexit deal on Friday, as she struggles to hold her crumbling government together following a day of cabinet embarrassments in Westminster.

The prime minister will plead with EU leaders to offer further concessions, as it became clear that talks in Brussels have stalled and hardline Eurosceptics in her party are likely to vote down the deal for a second time in parliament next week.

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BREXIT ULTIMATUM: May turns screw on Brussels ahead of vote –’EU has to make a choice too’



THERESA May will tomorrow tell European Union leaders it is in their interests to agree a new divorce deal as she battles to keep Brexit on track.

Strategies for Quarterly Earnings Season

Earnings season refers to the months when quarterly reports are released. This information is used to see how companies fare based on expectations.

How are realized profits different from unrealized or so-called "paper" profits?

When buying and selling assets for profit, it is important for investors to differentiate between realized profits and gains, and unrealized or so-called "paper profits".Simply put, realized profits are gains that have been converted into cash. In order words, for you to realize profits from an investment you've made, you must receive cash and not simply witness the market price of your asset increase without selling.
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