Financial Terms

Financial Reporting Framework (FRF)

It includes accounting principles, standards, and guidelines that must be followed in recording and reporting financial data. It is important for businesses to have a solid understanding of the FRF as it impacts their financial reporting and decision-making processes.

Welcome class, today we will be discussing the important topic of Financial Reporting Frameworks or FRFs. As future financial professionals, it is crucial for you to have a thorough understanding of this concept.

A FRF is essentially a set of rules that serves as a guide for companies in preparing their financial statements. These statements provide valuable insight and transparency into a company's financial health and performance. Think of it as a roadmap that helps businesses accurately record and report their financial data.

The FRF includes various accounting principles, standards, and guidelines that must be followed in order to ensure consistency and accuracy in financial reporting. This is essential for businesses in making informed decisions and maintaining the trust of their stakeholders.

Having a solid understanding of the FRF is

GDP

It is used as a measure of a country's economic growth and overall wealth. Let's discuss one of the key terms in the world of finance - the gross domestic product (GDP). Th...

Devaluation

This action is usually taken to achieve a more favorable balance of trade and increase competitiveness in the international market. Devaluation, a term often used in the wo...

Disinvestment

One important term to know in the world of finance is disinvestment, which refers to the sale of a government's shares in a public sector undertaking. This process has signi...

Harmless Warrants

Harmless Warrants, a bond provision, provides bondholders with the option to relinquish their bond, on the condition that the borrower must acquire another bond with identic...

Financial Risk

It can also be associated with the potential loss of an investment or the volatility of financial markets. In the world of finance, we often hear the term "financial risk" ...

Model Portfolio