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Q. Explain Due Date and Due Diligence?
Due Date -Every governing agency and its forms scheduled reporting and most significantly payments have a required due date. It's this date that if most files timely may result in a fine, penalty and commence interest charges.
Due Diligence - (1) Procedures performed by underwriters in connection with issuance of a SECURITIES EXCHANGE COMMISSION (SEC) registration statement. These procedures include questions concerning company and its business, competitive position, products, recent financial and other prospects anddevelopments. Also performed by others in connection with acquisitions and other transactions. (2) Requirement found in ethical codes that person governed by ethical rules exercise professional care in conducting his or her activities.
What do financial managers look for when they analyze pro forma financial statements? After the pro forma financial statements are finished, financial managers examine the
A cash-flow yield is the discount rate that makes the price of a mortgage-backed or asset-backed security equal to the present value of its ca
operating cycle in vegetable growing business in uganda..
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Tests of controlor systems based auditing Tests to obtain audit evidence about effective operation of the accounting and internal control systems. It isn't concerned about deta
Credit enhancement of an asset-backed security implies the existence of support for one or more of the bondholders in the structure. Credit enhancement levels var
Define the term- Earnings per share (EPS) EPS = Profit available to ordinary shareholders (PAT) / Weighted average number of shares in issue(p per share) This ratio illustra
Explain the bird in the hand theory of cash dividends. The bird in the hand dividends theory states that dividends received now are better as compared to a promise of future divi
The authority and duties of members (shareholders) Members and shareholders shall together and severally protect, conserve and actively exercise the supreme authority of the co
Advantages of ARR: It is simple to calculate and easy to catch. With the help of this technique, direct comparisons among proposed projected of varying lives with no bu
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