Financial Accounting Standards Board (FASB).

The Financial Accounting Standards Board (FASB) is a private, not-for-profit organization that establishes financial accounting and reporting standards for public and private companies and not-for-profit organizations in the United States. The FASB is recognized by the Securities and Exchange Commission (SEC) as the designated accounting standard setter for public companies. The FASB develops and issues … Read more

Black Box Car Insurance.

Black box car insurance is a type of insurance where the insurer uses a black box fitted to the car to track the driving habits of the policyholder. The data collected by the black box is used to calculate the premium, and the policyholder is typically offered a discount if they drive safely. What does … Read more

What is financing?

A definition of financing is the contribution of money that a company or individual makes and that is needed to carry out an activity or project, such as the development of one's own business or the expansion of an existing one. The most common method of obtaining financing is through credits or loans. They can … Read more