Microsoft is acquiring Nuance Communications for $19.7B
Microsoft today agreed to acquire the top nuance of speech in $19.7 billion in text software. Bloomberg broke the story over the weekend that talks…
Business
A ‘more honest’ stock market
Hello friends, and welcome to Review Week! Last week, I talked about slowing down the growth of Clubhouse users. Well, the news spread this week…
Where StockX fits in the business of sneakers
Prior to StockX, sneaker buyers had campouts on eBay, sneaker stores, and internet forums to connect with other enthusiasts and find the most coveted shoes.…
Quality Of Audit Evidence (Advantages And Disadvantages)
Auditing is the method of examining and confirming the quality and fairness of a company’s financial statements. Auditors protect investors by issuing reliable, open, and…
Auditing Evidence (Definition, Characteristics)
The information gathered for an audit of a company’s financial transactions, internal control procedures, and other things required for an auditor or certified public accountant…
Auditing Inventory
Cross-checking accounting reports with physical inventory and records is the method of auditing inventory. Auditors and other parties will complete it. Physical inventory counts are…
Shadow Inventory
The estimated value of all property that banks have foreclosed on but have not yet advertised for sale on the market is known as shadow…
Inventory Write-Off
An inventory write-off is a process of lowering the value of a company’s inventory to reflect the fact that it has no value. Either of…
Closing Entry (Accounting)
A closing entry, also known as a closing journal entry, is an entry made at the end of an accounting cycle in a manual accounting…
Temporary New Account
A temporary account is one that is closed at the end of each accounting period and restarted with a zero balance in the next period.…
Compound Annual Growth Rate (CAGR)
The compound annual growth rate (CAGR) is a measurement of an investment’s annual growth rate over time, taking into account the impact of compounding. The…
Annualized Total Return
Stocks, shares, mutual funds, securities, real estate, and small businesses all have annualized total returns that can be calculated. It refers to the annual return…
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