UNDERSTANDING FINANCIAL STATEMENTS

Ever heard the term financial statements or FS (as accounting professionals like to call it)? What does it really mean? Let’s find out!  Financial statements refer to a set of structured, summary-level reports about an organization's financial results, financial position, and cash flows prepared at the end of its financial reporting period with comparative amounts for the preceding period …

Alternative Investments; Part 3: Categories of Alternative Investments (Part 2)

Welcome to a new week! Last week, we discussed Real Estate as a form of alternative investments. If you are yet to read that article, you should get right on it. This week, we shall be discussing the following forms of alternative investments. Mutual Fund:  In mutual funds investing, there is no high minimum investment …