Finance

GAAP – Financial Reporting Requirements

GAAP (Generally Accepted Accounting Principles) is a collection of commonly followed accounting rules and standards for financial reporting. The acronym is pronounced "gap."  Companies are responsible for providing reports on their cash flows, profit making operations and overall financial conditions. There are three major financial statements required…
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Finance

Professional advice for money management through personal financial planning 

One of the main reasons people don’t engage with a financial planner is because they feel they can do it themselves or that it’s too expensive. But there are many benefits of using a financial planner although you may be reluctant to fork out the advice…
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Finance

Personal finance app  

Investing has reached the palm of our hands. The millennial generation is tech-savvy with a level of comfort with their devices. They can compare and switch from one app to the next and are increasingly choosing automated systems to manage their lives.  Give them an app that makes their life easier, better…
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Finance

Bank locator app

Be part of the digital banking population that bank via an app. App banking is generally simple, convenient and is a useful, immediate banking option. Apps fulfil a particular need for e-bankers: they’re the preferred channel for purchasing airtime, data and electricity. As well as use for the good ol’ trusted function of…
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Finance

Actuarial science and its role in price-setting

Actuarial science is the discipline that applies mathematical and statistical methods to assess risk in insurance, finance and other industries and professions. Actuarial science includes a number of interrelated subjects, including mathematics, probability theory, statistics, and finance, economics, and computer science. Generally, insurance companies employ professionals…
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