Extrinsic Value
What is extrinsic value
Extrinsic value is the value of something that is not part of the thing itself. For example, the value of a...
Grunt Work
What is grunt work
Grunt work is the term often used to describe tasks that are low-skilled, repetitive, and challenging. It is the type of...
Form 4684
What is Form 4684 and what is it used for
Form 4684 is a tax form used to report Casualties and Thefts casualty is defined...
Open Listing
What is an open listing and how does it work
An open listing is a type of real estate contract in which the seller gives...
Form 4952
What is Form 4952 and what is it used for
Form 4952 is a form used by the Internal Revenue Service (IRS) to calculate the...
Solvency Ratio
What is a solvency ratio and why is it important
A solvency ratio is a financial metric that measures a company's ability to repay its...
Rehypothecation
What is rehypothecation and how does it work
Rehypothecation is the practice of using collateral that has already been posted as collateral for another loan....
Forensic Audit
What is a forensic audit and why might you need one
A forensic audit is an investigation into potential financial fraud. It goes beyond a...
Expanded Accounting Equation
What is expanded accounting equation?
The basic accounting equation, also known as the balance sheet equation, represents the relationship between a company's assets, liabilities, and...
Block Trade
What is a block trade
A block trade is a large order that is executed as a single transaction in order to minimize market impact....