Credit Application Credit Application is permission sought for a loan allowance. It can be submitted verbally or in writing, generally using an automated process.
Franking Credit Franking Credit is a sort of tax benefit paid by the company in addition to dividend payouts. Rather than issuing a direct fine, removing these credits...
Forensic Audit A Forensic Audit is an evaluation process of a business or individual’s accounting transactions to uncover valuable information that comes in handy in court.
Credit Shelter Trust A Credit Shelter Trust (CST) is a property-related instrument used by married couples to gradually reduce, if not completely eliminate, the estate tax due when the surviving spouse dies.
Liquidity ratio Liquidity ratio measure of a firm’s ability to pay its short-term debts as they come due. Two common liquidity ratios are the current ratio and
Credit unions Credit unions are member-owned savings cooperatives, normally sponsored by a union, company or professional or religious group.
Why Conduct an Intellectual Property Audit? There are two primary reasons for conducting an intellectual property audit. First, it is prudent for a company to periodically determine whether its intellectual ...
The Process of Conducting an Intellectual Property Audit The first step in conducting an intellectual property audit is to develop an inventory of a firm’s existing intellectual property. The inventory should include the firm’s ...
Traditional IRA Traditional IRA is an IRA that allows workers to deduct part or all of their IRA contributions if taxable compensation is under a certain limit.
Traditional net cost method Traditional net cost method is a method of determining cost to an insured of a life insurance policy, determined by subtracting the total dividends received and cash value at the end of a period from the