Monday, April 16, 2007
Consignment stock - Finance Terms Explained
Consignment stock
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Consignment stock is stock legally owned by one party, but held by another.
Contents [hide]
1 Ownership
2 Accounting
3 See also
4 External links
[edit] Ownership
Ownership of consignment stock is passed only when the stock is used (issued). Unused stock in a warehouse may be returned to the manufacturer.
[edit] Accounting
As ownership of consignment stock is not transferred until use, invoicing is not immediate. To account for a replenishment of consignment stock at a customer site, a manufacturer must credit inventory and debit customer consignment stock. Only after a customer actually uses the consignment stock may an accounts payable be created.
Credits & Copyright: This page is licensed under the GNU Free Documentation License. It uses material from the Wikipedia article http://en.wikipedia.org/wiki/Consignment_stock
From Wikipedia, the free encyclopedia
Jump to: navigation, search
Consignment stock is stock legally owned by one party, but held by another.
Contents [hide]
1 Ownership
2 Accounting
3 See also
4 External links
[edit] Ownership
Ownership of consignment stock is passed only when the stock is used (issued). Unused stock in a warehouse may be returned to the manufacturer.
[edit] Accounting
As ownership of consignment stock is not transferred until use, invoicing is not immediate. To account for a replenishment of consignment stock at a customer site, a manufacturer must credit inventory and debit customer consignment stock. Only after a customer actually uses the consignment stock may an accounts payable be created.
Credits & Copyright: This page is licensed under the GNU Free Documentation License. It uses material from the Wikipedia article http://en.wikipedia.org/wiki/Consignment_stock
Common stock - Finance Terms Explained
Common stock
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Financial markets
Common stock, also referred to as common or ordinary shares, are, as the name implies, the most usual and commonly held form of stock in a corporation. The other type of shares that the public can hold in a corporation is known as preferred stock. Common stock that has been re-purchased by the corporation is known as treasury stock and is available for a variety of corporate uses.
Common stock typically has voting rights in corporate decision matters, though perhaps different rights from preferred stock. In order of priority in a liquidation of a corporation, the owners of common stock are near the last. Dividends paid to the stockholders must be paid to preferred shares before being paid to common stock shareholders.
Credits & Copyright: This page is licensed under the GNU Free Documentation License. It uses material from the Wikipedia article http://en.wikipedia.org/wiki/Common_stock
From Wikipedia, the free encyclopedia
Jump to: navigation, search
Financial markets
Common stock, also referred to as common or ordinary shares, are, as the name implies, the most usual and commonly held form of stock in a corporation. The other type of shares that the public can hold in a corporation is known as preferred stock. Common stock that has been re-purchased by the corporation is known as treasury stock and is available for a variety of corporate uses.
Common stock typically has voting rights in corporate decision matters, though perhaps different rights from preferred stock. In order of priority in a liquidation of a corporation, the owners of common stock are near the last. Dividends paid to the stockholders must be paid to preferred shares before being paid to common stock shareholders.
Credits & Copyright: This page is licensed under the GNU Free Documentation License. It uses material from the Wikipedia article http://en.wikipedia.org/wiki/Common_stock
Commercial Finance - Finance Terms Explained
Commercial Finance
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In the United States, commercial finance is the function of offering loans to businesses. Commercial financing is generally offered by a bank or other lender. Most commercial banks offer commerial financing, and the loans are usually secured by business assets. Assets used to collatoralize commercial finance loans include:
Real Estate
Receivables from invoices
Equipment or supplies
While qualifying for financing is generally easier for large, well established companies, some small businesses can qualify for commercial financing from the Small Business Administration (SBA).[1] The SBA may provide either financing or insure a lender who takes a risk on a smaller company to provide commercial finance.
Credits & Copyright: This page is licensed under the GNU Free Documentation License. It uses material from the Wikipedia article http://en.wikipedia.org/wiki/Commercial_Finance
From Wikipedia, the free encyclopedia
Jump to: navigation, search
In the United States, commercial finance is the function of offering loans to businesses. Commercial financing is generally offered by a bank or other lender. Most commercial banks offer commerial financing, and the loans are usually secured by business assets. Assets used to collatoralize commercial finance loans include:
Real Estate
Receivables from invoices
Equipment or supplies
While qualifying for financing is generally easier for large, well established companies, some small businesses can qualify for commercial financing from the Small Business Administration (SBA).[1] The SBA may provide either financing or insure a lender who takes a risk on a smaller company to provide commercial finance.
Credits & Copyright: This page is licensed under the GNU Free Documentation License. It uses material from the Wikipedia article http://en.wikipedia.org/wiki/Commercial_Finance
Cleanup clause - Finance Terms Explained
Cleanup clause
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A cleanup clause is a contractual provision in a loan agreement which provides that all loans must be repaid within a specified period, after which no further loans will be made available to the debtor for a specified "cleanup" period.
Retrieved from "http://en.wikipedia.org/wiki/Cleanup_clause"
Credits & Copyright: This page is licensed under the GNU Free Documentation License. It uses material from the Wikipedia article http://en.wikipedia.org/wiki/Cleanup_clause
From Wikipedia, the free encyclopedia
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A cleanup clause is a contractual provision in a loan agreement which provides that all loans must be repaid within a specified period, after which no further loans will be made available to the debtor for a specified "cleanup" period.
Retrieved from "http://en.wikipedia.org/wiki/Cleanup_clause"
Credits & Copyright: This page is licensed under the GNU Free Documentation License. It uses material from the Wikipedia article http://en.wikipedia.org/wiki/Cleanup_clause
Chartered Certified Accountant - Finance Terms Explained
Chartered Certified Accountant
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Chartered Certified Accountant
Type British qualified accountants
Founded [England, UK] (1904)
Headquarters London, [England, UK]
Industry Accountancy and Finance
Subsidiaries The Association of Authorised Public Accountants (AAPA)
Slogan ACCA - Accountancy's uncommon denominator
Website www.accaglobal.com
Chartered Certified Accountant (Designatory letters ACCA or FCCA) is a British qualified accountant designation awarded by the Association of Chartered Certified Accountants (ACCA)
The term Chartered Certified Accountant was introduced in 1996. Prior to that date, ACCA members were known as Certified Accountant. It is still permissible for an ACCA member to use this term. Fellow members of ACCA use the designatory letters FCCA in place of ACCA.
The term Chartered refers to the Royal Charter granted by Her Majesty the Queen in the United Kingdom. Subjects examined include financial accounting, management accounting, auditing, taxation, financial management, performance management, strategic management、management information systems and company law.
Chartered Certified Accountants work in all fields of business and finance. Some are engaged in public practice work, others work in the private sector and some are employed by government bodies.
Since Chartered Certified Accountant is a legally protected term, individuals who describe themselves as Chartered Certified Accountants must be the members of Association of Chartered Certified Accountants (ACCA) and, if they carry out public practice engagements, must comply with additional regulations such as holding a practising certificate, being insured against any possible liability claims and submitting to inspections.
For more details, please refer to the page of Association of Chartered Certified Accountants (ACCA).
Credits & Copyright: This page is licensed under the GNU Free Documentation License. It uses material from the Wikipedia article http://en.wikipedia.org/wiki/Chartered_Certified_Accountant
From Wikipedia, the free encyclopedia
Jump to: navigation, search
Chartered Certified Accountant
Type British qualified accountants
Founded [England, UK] (1904)
Headquarters London, [England, UK]
Industry Accountancy and Finance
Subsidiaries The Association of Authorised Public Accountants (AAPA)
Slogan ACCA - Accountancy's uncommon denominator
Website www.accaglobal.com
Chartered Certified Accountant (Designatory letters ACCA or FCCA) is a British qualified accountant designation awarded by the Association of Chartered Certified Accountants (ACCA)
The term Chartered Certified Accountant was introduced in 1996. Prior to that date, ACCA members were known as Certified Accountant. It is still permissible for an ACCA member to use this term. Fellow members of ACCA use the designatory letters FCCA in place of ACCA.
The term Chartered refers to the Royal Charter granted by Her Majesty the Queen in the United Kingdom. Subjects examined include financial accounting, management accounting, auditing, taxation, financial management, performance management, strategic management、management information systems and company law.
Chartered Certified Accountants work in all fields of business and finance. Some are engaged in public practice work, others work in the private sector and some are employed by government bodies.
Since Chartered Certified Accountant is a legally protected term, individuals who describe themselves as Chartered Certified Accountants must be the members of Association of Chartered Certified Accountants (ACCA) and, if they carry out public practice engagements, must comply with additional regulations such as holding a practising certificate, being insured against any possible liability claims and submitting to inspections.
For more details, please refer to the page of Association of Chartered Certified Accountants (ACCA).
Credits & Copyright: This page is licensed under the GNU Free Documentation License. It uses material from the Wikipedia article http://en.wikipedia.org/wiki/Chartered_Certified_Accountant
Certified International Investment Analyst - Finance Terms Explained
Certified International Investment Analyst
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Certified International Investment Analyst (CIIA) is a designation offered by the Association of Certified International Investment Analysts (ACIIA) to professional financial analysts; candidates may be financial analysts, portfolio managers and / or investment advisors.
To be awarded the CIIA, candidates must pass two "Common Knowledge" Exams and a third National/Regional Exam (examining knowledge of specific markets), and have 3 years relevant experience [1]. The exams are taken twice per year and are written at a postgraduate level.
The curriculum for the CIIA program is based on a "Common Knowledge Base" established by the ACIIA that covers professional ethics and a wide spectrum of qualitative and quantitative financial analysis. (The main topic areas are Economics, Financial accounting, Corporate finance, Equity valuation, Fixed income, Derivatives, Portfolio management.)
The exams are implemented by 27 national Associations of Financial Analysts, or Federations of Financial Analysts Associations. Federations of Analysts Associations that are members of ACIIA, are inter alia the Asia-pacific Securities Analysts Federation (ASAF) European Federation of Financial Analysts Societies (EFFAS) and Brazil / Latin America Associação Brasileira dos Analistas do Mercado de Capitais (ABAMEC).
Credits & Copyright: This page is licensed under the GNU Free Documentation License. It uses material from the Wikipedia article http://en.wikipedia.org/wiki/Certified_International_Investment_Analyst
From Wikipedia, the free encyclopedia
Jump to: navigation, search
Certified International Investment Analyst (CIIA) is a designation offered by the Association of Certified International Investment Analysts (ACIIA) to professional financial analysts; candidates may be financial analysts, portfolio managers and / or investment advisors.
To be awarded the CIIA, candidates must pass two "Common Knowledge" Exams and a third National/Regional Exam (examining knowledge of specific markets), and have 3 years relevant experience [1]. The exams are taken twice per year and are written at a postgraduate level.
The curriculum for the CIIA program is based on a "Common Knowledge Base" established by the ACIIA that covers professional ethics and a wide spectrum of qualitative and quantitative financial analysis. (The main topic areas are Economics, Financial accounting, Corporate finance, Equity valuation, Fixed income, Derivatives, Portfolio management.)
The exams are implemented by 27 national Associations of Financial Analysts, or Federations of Financial Analysts Associations. Federations of Analysts Associations that are members of ACIIA, are inter alia the Asia-pacific Securities Analysts Federation (ASAF) European Federation of Financial Analysts Societies (EFFAS) and Brazil / Latin America Associação Brasileira dos Analistas do Mercado de Capitais (ABAMEC).
Credits & Copyright: This page is licensed under the GNU Free Documentation License. It uses material from the Wikipedia article http://en.wikipedia.org/wiki/Certified_International_Investment_Analyst
Certified Accounting Technician
Certified Accounting Technician
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The Certified Accounting Technician (CAT) qualification is offered by the Association of Chartered Certified Accountants (ACCA). The CAT qualification is internationally recognised and highly regarded and can lead to a challenging and rewarding career. Upon completion of the exams and required practical work experience the CAT graduate will be able to apply to use the letters CAT after his or her name. In addition, they will have the opportunity to join the CAT alumni.
Although CAT can be obtained as a standalone qualification, it is often the case that individuals study for CAT as an introductionary qualification in accountancy prior to training to become a Chartered Certified Accountant through the ACCA Professional Scheme. It usually takes one and a half years to complete the nine CAT exams. However, there is no restriction on the number of papers that can be attempted in each sitting.
Alternatives to the CAT qualification include the Association of Accounting Technicians (AAT) qualification, Institute of Accounting Technician (CAT) qualification, National Institute of Accounting Technicians (CAT) qualification. ACCA was a sponsor of the AAT before breaking its links in favour of the CAT qualification in the mid 1990s.
The Certified Accounting Technician qualification (CAT) has now been placed on the Qualifications and Curriculum Authority (QCA) National Qualifications Framework which means that publicly funded educational institutions are now eligible for grants to help them train individuals towards this qualification in the United Kingdom.
Credits & Copyright: This page is licensed under the GNU Free Documentation License. It uses material from the Wikipedia article http://en.wikipedia.org/wiki/Certified_Accounting_Technician
From Wikipedia, the free encyclopedia
Jump to: navigation, search
The Certified Accounting Technician (CAT) qualification is offered by the Association of Chartered Certified Accountants (ACCA). The CAT qualification is internationally recognised and highly regarded and can lead to a challenging and rewarding career. Upon completion of the exams and required practical work experience the CAT graduate will be able to apply to use the letters CAT after his or her name. In addition, they will have the opportunity to join the CAT alumni.
Although CAT can be obtained as a standalone qualification, it is often the case that individuals study for CAT as an introductionary qualification in accountancy prior to training to become a Chartered Certified Accountant through the ACCA Professional Scheme. It usually takes one and a half years to complete the nine CAT exams. However, there is no restriction on the number of papers that can be attempted in each sitting.
Alternatives to the CAT qualification include the Association of Accounting Technicians (AAT) qualification, Institute of Accounting Technician (CAT) qualification, National Institute of Accounting Technicians (CAT) qualification. ACCA was a sponsor of the AAT before breaking its links in favour of the CAT qualification in the mid 1990s.
The Certified Accounting Technician qualification (CAT) has now been placed on the Qualifications and Curriculum Authority (QCA) National Qualifications Framework which means that publicly funded educational institutions are now eligible for grants to help them train individuals towards this qualification in the United Kingdom.
Credits & Copyright: This page is licensed under the GNU Free Documentation License. It uses material from the Wikipedia article http://en.wikipedia.org/wiki/Certified_Accounting_Technician
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