Definition, How They’re Used in Analysis, and Example

Definition, How They’re Used in Analysis, and Example

What Are Comps? The term comps, short for comparables, carries different meanings depending on the industry and context, but generally entails a comparison of financial metrics and other factors to quantify performance or determine valuation. In retail, it refers to a company’s same-store sales compared to the previous year or a similar store. Similarly, in

Definition, Functions, Ranges, Career Outlook

Definition, Functions, Ranges, Career Outlook

What Is a Comptroller? A comptroller, in the United States, is a high-level executive that oversees the accounting tasks and financial reporting procedures of organizations. The comptroller oversees all accounting including accounts receivable, payroll, and loan transactions. The comptroller also supervises the chart of accounts and the general ledger, which form the basis for the

Necessary Insurance policy Definition, Types, How It Works

Necessary Insurance policy Definition, Types, How It Works

What Is Compulsory Insurance? Compulsory insurance is any type of insurance an individual or business is legally required to buy. Compulsory insurance is mandatory for individuals and businesses that want to engage in certain financially risky activities, such as operating an automobile or operating a business with employees. Compulsory insurance is supposed to protect accident

Compustat Definition

Compustat Definition

What Is Compustat? Compustat is a comprehensive database of fundamental financial and market information on both active and inactive global companies, indices, and industries. The type of information published by Compustat includes Global Industry Classification Standards (GICS), pricing data, earnings data, insider and institutional holdings, and other information directed at investors, analysts, economists, academics, and