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Oct 7, 2020 · The Sarbanes-Oxley Act, officially named the Public Company Accounting Reform and Investor Protection Act of 2002, became law on July 30, 2002.

Oct 1, 2019 · What is the Financial Accounting Standards Board (FASB)? The Financial Accounting Standards Board (FASB) is an independent non-profit body responsible for the …

Aug 21, 2020 · What is an Accountant's Letter? An accountant 's letter, also called an auditor opinion, is a written statement describing an auditor ’s independent, unbiased and qualified …

Oct 1, 2019 · How Does a Qualified Eligible Participant (QEP) Work? In order to be a QEP, a person must own at least $2,000,000 of securities and other investments, have an open …

Oct 1, 2019 · How Does Financial Engineering Work? Financial engineers design, create and implement new financial instruments, models and processes to solve problems in finance and …

Oct 1, 2019 · What is a Poison Pill? A poison pill is a strategy that tries to create a shield against a takeover bid by another company by triggering a new, prohibitive cost that must be paid after …

Sep 29, 2020 · More specifically, it’s a current liability which means that the amount owed is expected to be paid within the next 12 months. When accounts payable or DPO decrease, this …

Oct 1, 2019 · What is an Unqualified Opinion? An unqualified opinion is a written notice from an auditor stating that a company has complied with generally accepted accounting principles …

Oct 1, 2019 · How Does Off-Balance-Sheet Financing Work? For example, let's assume that Company XYZ has a $4,000,000 line of credit with Bank ABC.