Fair Value
The estimated market price of an asset or liability in an arm’s length transaction between informed, willing parties. It reflects what something is worth under current market conditions, not just historical cost. Fair value is used in financial reporting, especially for investments and revaluations.
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Forecasting
Forecasting it the process of estimating future financial outcomes based on historical data, trends, and assumptions. It helps businesses plan…
Financial Ratios
Metrics derived from financial statements used to evaluate a company’s performance, health, and efficiency. Common ratios include current ratio, return…
Financial Accounting
Financial accounting is the process of recording, summarizing, and reporting a company’s financial transactions in accordance with standardized rules like…
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