Finance
The Benefits of Creating a Charitable Giving Plan
Crafting a charitable giving plan is an efficient way to organize your intentions, identify causes that matter to you and develop tax-efficient giving strategies. It…
Understanding the Different Types of Retirement Accounts
When it comes to planning for retirement, there are various accounts you can utilize. The most popular option is a 401(k), but other plans exist…
How to Choose the Right Retirement Plan for You
No matter your age or experience level, selecting the correct retirement plan is critical for your financial security. Making decisions can seem overwhelming, but with…
Understanding Cryptocurrency and Blockchain Technology
Cryptocurrency is a digital form of currency powered by decentralized technology called blockchain, allowing people to transfer money online without needing the assistance of banks…
Navigating Life’s Milestones: Financial Planning for Major Events
Financial planning is an indispensable tool to help you maximize the efficiency of your money and reach major financial objectives. Financial planning entails a series…
Derivatives and Options Trading – A Beginner’s Guide
Derivatives and Options Trading are the financial instruments that derive their value from underlying assets such as stocks, commodities or foreign currencies. They allow investors…
Accounting
The Classification of Accounting Theory
The basic differences between accounting theory and behavioral theory are the principles and practices underlying them. The former focuses on how monetary investments are made,…
The Purpose of Accounting System
The purpose of an accounting system is to gather, communicate, measure, record, and report financial information. To do this, it requires the use of accounting…
Accounting Laws in the US
In 2002, Congress passed the Sarbanes-Oxley Act, a law that made significant changes to corporate governance and financial disclosures. It closed loopholes in accounting practices…
The Relationship Between Accounting Practices and Procedures
Your organization’s accounting practices and procedures dictate how financial information is recorded, reported, and protected. While accounting principles lay out the basic concepts that underlie…
What Is the Matching Principle Accounting?
The matching principle is a basic concept in accrual accounting. It tells an entity to report an expense in the same period in which they…
Investment
Mortgage
An Assessment of the Retail Mortgage Market
A leading global IT solutions provider was looking to improve its understanding of the retail mortgage market in one of its European markets. They wanted…
Mortgage As a Source of Finance
Historically, people and businesses have used mortgages to purchase property. The borrower pays back the mortgage amount plus interest over a set period of time,…
Advantages of Legal Mortgage
A legal mortgage is a type of mortgage where the banker holds a security interest in an asset, such as real estate. A legal mortgage…
Mortgage Laws and How They Affect You
You may be wondering what mortgage laws are. These laws govern the process of securing debt by lending money against a real property. However, they…
Mortgage Banking Basics
This concise overview of mortgage banking provides a basic understanding of the loan-closing process. It also serves as a valuable reference guide for mortgage banking…