Accounting Standards

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January 1, 1 5 min read Definitions

Generally Accepted Accounting Principles (GAAP)

GAAP Financial Reporting FASB CPAs Accounting Standards Real Estate

Generally Accepted Accounting Principles (GAAP) are a set of rules and guidelines prepared by the Financial Accounting Standards Board (FASB) and adhered to by Certified Public Accountants (CPAs) to ensure consistency, reliability, and transparency in financial reporting.

January 1, 1 6 min read Definitions

Mark to (the) Market

Mark to Market Securities Valuation Mutual Funds Margin Accounts Net Asset Value Financial Reporting Accounting Standards Portfolio Management

Mark to (the) Market refers to the practice of valuing a security or portfolio in accordance with its current market value rather than its historical cost. This practice ensures that margin accounts comply with necessary maintenance requirements and provides accurate, up-to-date valuations for mutual funds.