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Operating Lease Accounting

Wall Street Mojo

Operating Lease Accounting Definition Operating Lease Accounting refers to the accounting methodology used for leasing agreements where the lessor retains the ownership of the leased asset. The lessee records rental payments as expenses in the books of accounts.

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Accounting Information System (AIS)

Wall Street Mojo

What Is Accounting Information System? For example, AIS may be a very simple ledger for various accounting, costing, and financial reports like Statement of Profit and Loss, Balance Sheet, etc. Table of contents What Is Accounting Information System?

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Nostro Account

Wall Street Mojo

Nostro Account Meaning Nostro Account is the account that a country’s bank holds in the bank of another country in the foreign currency. It helps the bank which has the account in the bank of another country by simplifying the exchange and trading process for the foreign currencies.

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Reconsidering climate risk: a return to valuation fundamentals

Global Banking & Finance

Reconsidering climate risk: a return to valuation fundamentals As evidenced by the recent release of the Security and Exchange Commission’s climate-related disclosure rule, climate risk has emerged as an important consideration in investment decision-making.

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Tax Accounting

Wall Street Mojo

What Is Tax Accounting? Tax accounting refers to the methods and policies used for the preparation of tax returns and other statements needed for tax compliance and therefore, it provides frameworks and guidelines for arriving at a taxable profit. Table of contents What Is Tax Accounting?

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HarbourVest hires Mahoney as managing director and fund accounting head

PE Hub

In this role, Mahoney will be responsible for leading the firm’s fund and investment accounting operations, in addition to leading the firm’s valuation and audit committees. The post HarbourVest hires Mahoney as managing director and fund accounting head appeared first on PE Hub.

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Insurance Agency Valuation 101: Understanding the Essentials

Sica Fletcher

As one of the most active M&A firms in the insurance sector, we are frequently asked how insurance agency valuations work. This article discusses the fundamentals of insurance agency valuations, plus a few lesser-known factors that play into these processes before we give an overview of the insurance M&A market in 2024.