Author Archive

Residual Dividend Policy

Residual Dividend Policy

At any given time, a company with a residual dividend policy has no surplus capital. All surplus funds must be re-invested in the company or redistributed among shareholders. The stock market is a complex system with many moving pieces, and one person plays a critical role in it all: investors. O.....

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World Pulses Day

World Pulses Day

Pulses, also known as legumes, are the edible seeds of cultivated leguminous plants. Pulses include dried beans, lentils, and peas, which are the most well-known and eaten. The United Nations General Assembly decided in 2019 to dedicate a day to pulses in order to raise global awareness and acces.....

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Methyl Acetate (Properties, Uses)

Methyl Acetate (Properties, Uses)

Methyl acetate, also known as MeOAc, acetic acid methyl ester, or methyl ethanoate, is an acetate ester formed when acetic acid and methanol are formalized. It is a carboxylate ester with the formula CH3COOCH3; it’s a flammable liquid with a nice odor that reminiscent of certain glues and .....

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Residual Equity Theory

Residual Equity Theory

The theory of residual equity assumes that common shareholders are the true owners of a business. As a result, accountants must adopt their viewpoints. Preferred stock is a liability rather than an asset to common shareholders. Assets + Liabilities = Common Stock The statements of bondholders and.....

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Financial Analyst Vs Accountant

Financial Analyst Vs Accountant

There are plenty of jobs in the business world for those who love analytics and numbers two of the most common being financial analyst and accountant. A financial analyst is concerned with forecasting what a business will do in the future, while an accountant is concerned with recording what a bu.....

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Regulation Best Interest (BI)

Regulation Best Interest (BI)

In what is already a rapidly changing advisory environment, Regulation Best Interest (BI) would have major consequences for broker or dealers’ business models. It would also necessitate a significant upgrade of most companies’ supervisory and control systems. It is a 2019 Securities a.....

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A Visit To A Historical Place/Building (Piyale Pasha Mosque, Istanbul)

A Visit To A Historical Place/Building (Piyale Pasha Mosque, Istanbul)

The Piyale Pasha Mosque (Ottoman Turkish: پیاله پاشا جامع‎ Piyale Paşa Camii), also known as the Tersane Mosque (literally: Shipyard Mosque), was built during the reign of Selim II by the then-grand admiral, Mehmet Piyale Pasa (1553-1577). (1566-1574). It is a 16th-century Ottoman.....

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Red Hand Day

Red Hand Day

Children are caught up in a variety of violent conflicts around the world. Afghanistan, Chad, Central African Republic, Colombia, Democratic Republic of Congo (DRC), India, Iraq, Israel/Palestine, Myanmar (Burma), Pakistan, Philippines, Somalia, South Sudan, Sudan, Syria, Thailand, and Yemen are .....

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Financial Accounting Foundation (FAF)

Financial Accounting Foundation (FAF)

The Financial Accounting Foundation (FAF) is a private-sector association that is primarily responsible for developing and strengthening financial accounting and operating practices, as well as informing its constituents about those standards. The FAF is based in Norwalk, Connecticut, and was est.....

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Financial Accounting Standards Board (FASB)

Financial Accounting Standards Board (FASB)

The Financial Accounting Standards Board (FASB) is a private, non-profit organization that sets accounting and financial reporting standards for businesses and charitable organizations in the United States based on generally accepted accounting principles (GAAP). The Financial Accounting Standard.....

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A Visit To A Historical Place/Building (Selimiye Mosque, Edirne)

A Visit To A Historical Place/Building (Selimiye Mosque, Edirne)

The Selimiye Mosque (Turkish: Selimiye Camii) is an Ottoman imperial mosque in Edirne, Turkey, and it was designed by Ottoman architect Mimar Koca Sinan (1497–1588), whose best-known works adorn Istanbul’s skyline. This exquisite World Heritage-listed mosque is Edirne’s most cherish.....

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International Day Of Innocent Children Victims Of Aggression

International Day Of Innocent Children Victims Of Aggression

Every year on June 4th, the International Day of Innocent Children Victims of Aggression is observed around the world. It was established on August 19, 1982. It serves as a reminder of the sacred obligation enshrined in the United Nations Declaration on the Rights of the Child to ensure that and .....

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