Author: John

Trade Payable: Definition, Meaning, Accounting, Example

A company may accumulate several liabilities throughout its operations. Accounting standards require companies to classify these liabilities into non-current and current portions. While non-current liabilities are long-term, current obligations last for a year. Trade payable is one of the most prevalent items in current liabilities. These are a common occurrence …

Hedging vs Speculation vs Trading: What’s the Difference?

When it comes to the world of finance, there are a lot of terms that can be confusing for beginners. Some of those terms are hedging, speculation and trading. What’s the difference between them? In this blog post, we will explore the differences between hedging, speculation and trading, and help …

Stagflation: Definition, Tips for Protecting your Money and Investing

It can be tough to know how to invest for stagflation. This type of economy is characterized by high unemployment, slow economic growth, and inflation. In this blog post, we will discuss some tips for protecting your money during these tough times. What is the definition of stagflation? Stagflation is …

The Stagflation of the 1970s: Could It Happen Again?

The 1970s were a tumultuous time. Economic recession, high inflation, and political unrest combined to create a perfect storm known as stagflation. This economic phenomenon was unique at the time and has not been seen since. Or has it? In this blog post, we will explore the possibility of stagflation …

Fisher Equation: Definition, Formula, Calculation, Example

When it comes to inflation, the Fisher equation is a very important concept. It explains how the interest rates on loans can be different from the rates that people earn on their savings. This is because inflation can make prices go up, which affects the value of money. The Fisher …

How Recession Affects Real Estate: What You Need to Know

A recession affects every industry, and real estate is no exception. In this blog post, we will discuss the ways that the recession would impact the real estate market. We will also provide advice for those who are looking to buy or sell a property during these difficult times. How …

Inherent Audit Risks: Definition, Example, Types, Identification

What is Audit Risk? The primary objective of an audit engagement is for the auditors to provide an audit report. This report must state the auditors’ opinion of whether the financial statements are free from material misstatements. However, they always face the risk of providing an incorrect audit opinion. This …