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What is an Audit? Exploring Types of Audits, Process, and Regulations

Peak Frameworks

Understanding Audits An audit, at its core, is an independent examination of an organization's financial statements, records, transactions, and operations to ascertain their accuracy and compliance with the law. Consider the case of HSBC, where a compliance audit in 2012 revealed inadequate AML controls, leading to a hefty fine of $1.9

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What is the Accounting Equation? Explaining Assets = Liabilities + Equity

Peak Frameworks

Importance of the Accounting Equation Role in Financial Statements and Double-Entry Bookkeeping The accounting equation is the foundation of double-entry bookkeeping , a system that records every transaction as both a debit and a credit. For instance, Facebook's initial public offering in 2012 raised $16 billion in contributed capital.

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What is a Subsidiary Company? (Structure, Pros and Considerations)

Peak Frameworks

Facebook's acquisition of Instagram in 2012 transformed Instagram into a subsidiary, maintaining its unique identity while enjoying the resources of a larger entity. Advantages of Having a Subsidiary Risk Management Subsidiaries can isolate liabilities, ensuring that financial or legal issues in one entity don't impact others.

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Strategic Corporate Development in M&A: Driving Innovation and Growth Opportunities

Devensoft

Conducting Due Diligence in M&A Transactions Due diligence is a comprehensive investigation of the target’s business, financial, legal, and operational aspects. Due diligence can involve reviewing financial statements, contracts, legal documents, customer data, and other relevant information.

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Decoding the Duel: Venture Capitalists vs. Private Equity Titans in the M&A Arena

Devensoft

In 2012, Facebook acquired the photo-sharing app for $1 billion, a move that was largely driven by the potential for Instagram’s rapid growth and user base. These changes led to a significant increase in profitability, enabling 3G Capital to successfully take Burger King public in 2012.

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Wall Street Mojo

Financial Modeling & Valuation Courses Bundle (25+ Hours Video Series) –>> If you want to learn Financial Modeling & Valuation professionally , then do check this ​ Financial Modeling & Valuation Course Bundle ​ ( 25+ hours of video tutorials with step by step McDonald’s Financial Model ).

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