What Is The Accounting Review? The Accounting Review is a peer-reviewed academic journal circulated by the American Accounting Association (AAA). First published in 1926, it is one of the oldest accounting journals and includes abstracts, articles, and book reviews that promote accounting education, research, and practice. Key Takeaways The Accounting Review is a peer-reviewed academic journal circulated by the American Accounting
What Is an ABA Transit Number? ABA transit numbers, also known as ABA routing or routing transfer numbers, are used to identify specific U.S. financial institutions and appear on standard checks. Basically, it is a nine-digit numeric address for each bank. Key Takeaways An ABA transit number is a set of numerals that identify a
What is Adequate Notice The term adequate notice refers to a written document that specifies in detail the terms and conditions of a loan or extension of credit to a consumer. Adequate notice requires the consumer to be informed of key details of the credit arrangement, such as the annual percentage rate, grace period, annual
What Is an After-Tax Basis? An after-tax basis is used to compare the net after-tax returns on taxable and tax-exempt bonds to gauge which has a higher yield. Key Takeaways After-tax bases compare the net after-tax returns on both taxable and tax-exempt bonds to gauge which has a higher yield.The after-tax basis calculation allows investors to
What Is B1/B+? B1/B+ is one of several non-investment grade credit ratings (also known as “junk”) that may be assigned to a company, fixed-income security, or floating-rate loan (FRN). This rating signifies that the issuer is relatively risky, with a higher than average chance of default. B1/B+ are ratings just below investment grade but are
What Is B3/B-? B3/B- refers to the letter grades ratings agencies assign to companies, issuers, and securities that are considered speculative and carry a greater degree of risk than investment grade bonds. In the world of junk bonds, a B3/B- rating is about as low of a rating as most investors will accept. Key Takeaways
What Are Ba1/BB+? Ba1/BB+ are rating designations by Moody’s Investor Service and S&P Global Ratings, respectively, for a credit issue or an issuer of credit that signify higher degrees of default risk on the agencies’ rating spectrums. Ba1/BB+ sits just below investment-grade ratings. Moody’s Investor Service and S&P Global Ratings assign ratings to bonds, preferred stock
What Is Ba3/BB-? Ba3/BB- is the bond rate given to debt instruments that are generally considered speculative in nature. Ba3 is a long-term bond rating provided by the Moody’s credit rating service, while BB- is the parallel rating provided by both the Standard & Poor’s and Fitch rating services. Key Takeaways Ba3/BB- is a credit
What Is Wake Forest University School of Business? Wake Forest University School of Business is the business school of Wake Forest University. The school offers undergraduate and graduate programs and holds classes at campuses in Winston-Salem and Charlotte, North Carolina. Wake Forest University School of Business is unusual in that it does not offer a
What Is a Baby Boomer? “Baby boomer” is a term used to describe a person who was born between 1946 and 1964. The baby boomer generation makes up a substantial portion of the world’s population, especially in developed nations. According to the latest census report, it represents 73 million of the population in the United
