Author: Harold Averkamp, CPA, MBA Definition of Promissory Note A promissory note is a written promise to pay an amount of money by a specified date (or perhaps on demand). The maker of the promissory note agrees to pay the principal amount and interest. The maker of the promissory note...
A certificate of deposit (CD) is a type of savings account that earns a fixed interest rate. In exchange for the benefit of this guaranteed yield, you agree to keep your money in the account until the CD’s term ends — also known as the maturity date. CDs are best used for money ...
Once the books are closed for the month, the cycle begins all over again. CPAs are not normally restricted to membership in the state CPA society in which they reside or hold a license or certificate. Many CPAs who live near state borders or who hold CPA status in more than one state ...
Once the books are closed for the month, the cycle begins all over again. CPAs are not normally restricted to membership in the state CPA society in which they reside or hold a license or certificate. Many CPAs who live near state borders or who hold CPA status in more than one state ...
Author: Harold Averkamp, CPA, MBA Definition of Contra Asset Account A contra asset account is an asset account where the account balance is expected to be a credit balance. It is described as “contra” because having a credit balance in an asset account is contrary to the normal or ...
Home›Business Management›What is a Certificate of Compliance? Definition:A certificate of compliance is a written document that states the fulfillment of a given requirement. It is a formal certification that declares that an individual or company met a set of conditions. ...
You can fund your immediate annuity in a number of ways, including: Cash from a maturing Certificate of Deposit (CD)Exchanging monies accumulated in a Multi-Year Deferred Annuity accountProceeds from the sale of stocks, bonds, a home or a business...
What is the ABV® credential? The Accredited in Business Valuation (ABV) credential positions you as a premier valuation provider with expertise in the valuation of businesses and intangible assets for transactional purposes, succession planning, mergers and acquisitions, litigation and disputes, and ...
Is a GCSE a professional qualification?A GCSE is an academic qualification that you can take in a particular subject like English, mathematics, science, art or history. GCSE is the acronym for General Certificate of Secondary Education, which students take in England, Wales and Northern Ireland ...
CIA or CPA, Why not have Both? You can. Since a CPA is qualified to perform auditing functions, there really is no need to get a CIA certificate. However, if you are a CIA, a CPA credential can be beneficial when seeking promotions or changing careers. ...