An analytical approach to an audit comparing financial and non-financial data to determine if they appear reasonable, used during various audit stages.
In accounting and auditing, an attribute is a specific characteristic or feature that each member of a population either has or does not have.
Events accounting is a method of accounting wherein data is stored and reported based on specific events, rather than being organized chronologically or by other methods.
XBRL is a global standard language for communicating business and financial data. It leverages XML to allow business facts to be identified and analyzed by computers, mandated by the US Securities and Exchange Commission (SEC) for reporting since 2010.
First Call is a financial service network historically used by institutional investors, financial analysts, and corporate executives for timely and accurate earnings estimates and financial data.
Ibbotson & Associates is a prominent provider of historical data for various financial investments, renowned for its annual publication 'Stocks, Bonds, Bills & Inflation.' This publication offers critical insights into long-term historical performance across various investment classes.
A loan application is a document required by a lender prior to issuing a loan commitment. It typically includes details such as the name of the borrower, the amount and terms of the loan, a description of the collateral, and the borrower's financial and employment data.
The Official List refers to two primary components within the London Stock Exchange framework: a comprehensive list of all traded securities and a daily record of transactions, dividends, rights issues, prices, and other relevant data.
POST in accounting refers to transferring accounting entries from a journal of original entry into a ledger book in chronological order. Banks traditionally posted checking account deposits and withdrawals in a ledger and summarized these transactions on a monthly bank statement. Nowadays, such operations are computerized.
A review in accounting service provides limited assurance to the Board of Directors and other interested parties about the reliability of financial data. It does not involve an audit conducted according to generally accepted auditing standards but focuses on inquiry and analytical procedures.
A versatile term used in various contexts, referring to the service that reports prices and transactions on exchanges, a news wire service, or a magnetic computer storage medium.
Thomson Reuters is a leading multinational media conglomerate that delivers news, information, and tools for professionals across various industries.
