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Financial accounting is a branch of accounting concerned with the summary, analysis and reporting of financial transactions related to a business. [1] This involves the preparation of financial statements available for public use.
Any distribution from the earnings and profits of a C corporation is treated as a dividend for U.S. income tax purposes. [6] "Earnings and profits" is a tax law concept similar to the financial accounting concept of retained earnings. [7] Exceptions apply to treat certain distributions as made in exchange for stock rather than as dividends.
A consolidated financial statement (CFS) is the "financial statement of a group in which the assets, liabilities, equity, income, expenses and cash flows of the parent company and its subsidiaries are presented as those of a single economic entity", according to the definitions stated in International Accounting Standard 27, "Consolidated and separate financial statements", and International ...
This list has all global annual earnings of all time, limited to earnings of more than $40 billion in "real" (i.e. CPI adjusted) value. Note that some record earning may be caused by nonrecurring revenue, like Vodafone in 2014 (disposal of its interest in Verizon Wireless) [1] or Fannie Mae in 2013 (benefit for federal income taxes).
Minutes, also known as minutes of meeting (abbreviation MoM), protocols or, informally, notes, are the instant written record of a meeting or hearing. They typically describe the events of the meeting and may include a list of attendees, a statement of the activities considered by the participants, and related responses or decisions for the ...
Billionaire entrepreneur and top adviser to President-elect Donald Trump, Elon Musk, touted that he has reaped the benefits of a controversial class of weight-loss drugs, after fellow top Trump ...
This is a list of abbreviations used in a business or financial context. ... a/c. – Account; B ... For example, $225K would be understood to mean $225,000, and $3 ...
Nicholas Hoult said Clint Eastwood developed a nickname for him in reference to Hoult's character on the Hulu series 'The Great'
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