All right if you read annual reports or listen to earnings calls, you’ll sometimes hear revenue recognition mentioned. What’s it all about?
We hear the phrase Crony capitalism from time to time, almost always when discussing developing nations. But rather surprisingly sometimes the charge is levied...
We often hear talk about Leveraged Buy Outs, or LBOs. So let's make sure we know what they are!
Ok, now another term straight from accounting which you need a basic understanding of in finance is gross profit. So let’s talk about it.