Remove Auditing Remove Corporate Finance Remove Financial Statements
article thumbnail

Intercompany loan definition

Accounting Tools

Related AccountingTools Courses Business Combinations and Consolidations Corporate Cash Management Corporate Finance When an intercompany loan is created, it should be fully documented, including the amount of the interest rate to be charged and principal repayment terms.

article thumbnail

Issuance costs definition

Accounting Tools

Issuance costs include audit fees, investment banking fees, legal fees, marketing expenses, and Securities and Exchange Commission (SEC) registration fees. In addition, the board hires an audit firm to conduct an audit of its financial statements, for which the fee is $50,000.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Bond covenant definition

Accounting Tools

Related Courses Corporate Cash Management Corporate Finance Treasurer’s Guidebook What is a Bond Covenant? In it, the issuer commits to avoid certain actions that might reduce its financial condition over the term of the associated bonds. A bond covenant is a legal agreement between the issuer and purchaser of bonds.

article thumbnail

Working capital loan definition

Accounting Tools

Related Courses Crowdfunding Corporate Finance Treasurer's Guidebook Working Capital Management What is a Working Capital Loan? A working capital loan is intended to finance the day-to-day operations of a business, paying for such short-term investments as accounts receivable and inventory.

article thumbnail

Ep. 6: Richard Starkey - The Importance of Accounting in Entrepreneurship

IMA's Count Me

And during that process I wandered off and became an operations manager for a large logistics firm, got into corporate finance and then really felt the shortfall of my technical finance knowledge. I landed up in academics teaching financial reporting as my, you know, as my real teaching subject.

article thumbnail

Crowdfunding definition

Accounting Tools

Related Courses Corporate Finance Crowdfunding What is Crowdfunding? Crowdfunding is a business financing tool under which a business obtains a small amount of funding from individual investors, but does so from a large number of investors. The result is a modest total amount of funding.

article thumbnail

What You Need to Know Now to Survive the Skills Shortage

TOA Global

United States The 2021 financial reporting season saw corporate finance teams and their outside auditors having to deliver accurate financial statements to investors with fewer staff on hand.