Down Payment (Understanding, Advantages, and Disadvantages) A down payment (also known as a deposit in British English) is a non-refundable sum made ahead for the purchase of a high-priced object such…
A Majority of Tech Workers Support Antitrust legislation Enforcement Breaking up Big Tech has resurfaced as a key policy topic in Washington, thanks to the arrival of US Federal Trade Commission Chair Lina Khan.…
A new coalition for “Open Cap Table” Presents an Opportunity for Equity Transparency Startup ownership is frequently a mystery. It’s tough to figure out who owns something without a public registration. The Delaware Division of Corporations contains important…
Write-Down (Accounting) When a company decreases the carrying value of an asset other than via regular depreciation and amortization, it is known as a write-down. It is…
Alpaca Rises $50M to Rapidly Scale its API-Delivered Equities Trading Business Alpaca announced this morning that it had completed a $50 million Series B round of funding. TechCrunch previously covered the company’s $6 million seed round…
Impaired Asset (Understanding, Measurement) An impaired asset is a financial asset that has a recoverable value or fair market value that is less than its carrying value. When an…
Impairment Cost When the book value of an asset exceeds the recoverable amount, an impairment cost must be recorded as an expense. A fixed asset’s impairment may…
Dangers of Cost Reduction If your company uses cost control accounting, you’ll have to allocate the cost of overhead items like rent and utilities. However, there isn’t always a…
The SEC and the DOJ Just Charged this Startup Founder with Fraud, saying he Lied to Tiger and Others Today, both the US Department of Justice and the Securities and Exchange Commission have filed fraud charges against Manish Lachwani, co-founder of Headspin, a mobile…
Modified Book Value Modified book value is a valuation statistic that uses the current market value of a company’s assets and liabilities to determine its worth. This approach…
Taktile makes it Easier to Leverage Machine Learning in the Financial Industry Meet Taktile, a new startup working on a machine learning platform for financial services firms. This is not the first company that wants to use…
Advantages of Cost Reduction Cost Reduction results in a significant increase in margins. It is a positive, planned approach to cutting costs. Cost savings may be passed on to…