Forensic Accounting utilizes accounting, auditing, and investigative skills to conduct an examination into a company's financial statements. Thus, providing an accounting analysis that is suitable for court. Forensic accountants are trained to look beyond the numbers and deal with the business reality of a situation. They are frequently used in fraud cases.
Option strategy that will be profitable if the underlying security rises in value moderately. A bull spread can be executed either by put or call options. If the bull spread is executed through a put option, it is called a bull put spread. If it is executed through a call option, it is called a bull call spread. Buying a spread is also known as a "bull spread" Both bull call spreads and bull put spreads are common vertical spread options strategies. A bull call spread involves buying a call option with a lower exercise price and premium than the option that will be sold. For example, if you buy a call option for stock XYZ at a strike price of $60 and a premium of $200, you will get a bull spread if you sell a call on the same stock with a $70 strike price and a premium of $100. With bull call spreads, it is necessary that both call options have the same expiration date.
A method used to help calculate the value of closely held and restricted shares. The theory behind DLOM is that a discount exists between the value of a company's stock that is and is not marketable. Various methods have been used to quantify the discount that can be applied including the restricted stock method, IPO method and the option pricing method. |||The restricted stock method purports that the only difference between a company's common stock and its restricted stock is the lack of marketability of the restricted stock. Subsequently, the price difference between both units should arise due to this lack of marketability. The IPO method relates to the price difference between shares that are sold pre-IPO and post-IPO. The percent difference between the two prices is considered the DLOM using this method. The option pricing method uses the option's price and the strike price of the option as the determinants of the DLOM. The option price as a percentage of the strike price is considered the DLOM under this method.The consensus of many studies suggests that the DLOM ranges between 30-50%.
Forbes is an American media and publishing company headed by former Republican candidate Steve Forbes. Perhaps best known for Forbes Magazine, the financial media giant holds ownership positions in Realclearmarkets.com, Realclearsports.com and Realclearpolitics.com. Forbes provides daily new coverage on business, technology, financial markets, personal finance, sports and a wide array of other topics. Forbes is also widely known for its lists of billionaires, world's richest people, world's leading companies and the richest celebrities, among others. Forbes was founded in 1917.
A share class of a mutual fund that does not require its investors to pay fees (such as front-end loads). Owning shares in a load-waived fund is a benefit to investors because it allows them to retain all of their investment's return instead of losing a portion of it to fees. In most cases, mutual fund companies will limit the number of load-waived funds available to only certain investors. For example, the purchase of load-waived funds is sometimes restricted to those involved in defined contribution retirement plans and also for investors that invest a substantial amount in the mutual fund company's funds (such as institutional investors). These special mutual fund shares commonly have an "LW" at the end of the fund's name and ticker in order to differentiate them.
Market currency rates from a specific point in time that are used as a base value by currency traders to assess whether a profit or a loss has been realized for the day. In most cases, the revaluation rate is the closing rate for the previous trading day. |||For example, in order to assess how much profit a currency trader made today, he or she would use yesterday's closing rate (today's revaluation rate) of 1.15 USD/CAD as a baseline for comparing today's closing rate of 1.145 USD/CAD. If the trader shorts the U.S. dollar in early trading and then buys it back at the end of the day, he or she will make $0.005 for every U.S. dollar traded.
An annual ranking list of the top 500 U.S. companies. The list is determined by five different categories where U.S. companies are ranked based on the largest number of sales, profits, assets, employees and market value. This Forbes list was replaced in 2003 by the Forbes Global 2000. This list was a good way to determine the aggregate influence of the largest U.S. companies. The new list, the Forbes Global 2000, is determined based on a similar premise but takes international firms into consideration as well.
A business venture designed to let investors participate directly in the cash flow and tax benefits of the underlying investment. DPPs are generally passive investments that invest in real estate or energy-related ventures. Also known as a "direct participation plan". |||DPPs are usually organized as a limited partnership, a subchapter S corporation or a general partnership. Although they have been generally used as tax shelters, tax legislation has severely curtailed their tax benefits.