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Finance is the study and discipline of money, currency, assets and liabilities, and how they are managed, invested, and traded. It covers personal, corporate, and public finance, as well as various subfields such as risk management, quantitative finance, and financial law.
Find the meaning of various abbreviations used in a business or financial context, such as AP, AR, B2B, CFO, etc. The list is organized alphabetically by letter and includes examples of usage and links to related topics.
Corporate finance is the area of finance that deals with the sources of funding, capital structure, and value maximization of corporations. Learn about its main sub-disciplines, such as capital budgeting and working capital management, and its historical development from the 15th century to the present.
Financial management is the business function concerned with profitability, expenses, cash and credit. It involves short term and long term financial decisions, such as capital structure, budgeting, and hedging.
Learn about the definition, history, and scope of financial services, which are economic activities related to finance provided by various institutions. Explore the different styles, products, and sectors of financial services, such as commercial banking, investment banking, foreign exchange, and more.
A financial statement is a formal record of the financial activities and position of a business, person, or other entity. It typically includes four basic statements, a management discussion and analysis, and follows certain standards and regulations.
Accounting, also known as accountancy, is the process of recording and processing information about economic entities, such as businesses and corporations. [1] [2] Accounting measures the results of an organization's economic activities and conveys this information to a variety of stakeholders, including investors, creditors, management, and regulators. [3]
Financial accounting is the branch of accounting that reports financial transactions of a business to various stakeholders. It involves the preparation of financial statements that comply with accounting standards and principles, and have relevance, faithfulness, verifiability, comparability, understandability and timeliness.