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Tip of the Day Have An Emergency Fund

Have An Emergency Fund - In life, things happen that we don't expect, car breaks down or an appliance dies, and unless you have an emergency fund tucked away you...

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Going Concern

Going Concern – Going Concern is a term used in accounting and risk management that indicates a company’s viability and strength over a period of one year (at a minimum). Some of the elements that determine if a business is a going concern are:  the ability to make a profit, minimize debt and pay bills timely, and show growth, (among other factors) during the course of its’ operation.  Directors of a business entity will report activity in a financial statement.  Auditors will then assess the strength of the company and determine whether it will remain viable for the foreseeable future.

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Definition of the Day Appraisal Ratio

Appraisal ratio - An appraisal ratio is a ratio used to study a mutual funds managers performance with the mutual funds investments that he chooses. They higher the ratio, the better the performance of the manager. The job of the mutual funds manager is to pick the investments that will...

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