Understanding the Bankruptcy Abuse Prevention and Consumer Protection Act and...
The Bankruptcy Abuse Prevention and Consumer Protection Act, or BAPCPA, was an important piece of legislation that took effect in 2005 and is the foundation of bankruptcy law today. While BAPCPA was...
View ArticleMock Exams for CFA Level 1 and 2 (Special Offer)
The CFA exam is just 19 days away. This is the time when you should be focusing on attempting as many practice exams as you can. Each practice exam that you attempt will give you new insights into your...
View ArticleMost Common CFA Level 1 Questions and Topics
As the exam date approaches, we all want to make the best use of our time. The focus shifts to attempting practice exams and reviewing the most important concepts that we’re sure will hit the exam. But...
View ArticleCareer of a CFA
Hopefuls on the lookout for careers in Finance, particularly financial investment and research would be advised to earn a CFA charter. The CFA exam is highly regarded as the exam to do if a candidate...
View ArticleCFA Study Plan in Excel (For Level 1)
One thing that I’ve noticed CFA candidates talk about is about how huge the CFA syllabus is and how difficult it can get to keep track of what you’ve studied, what’s pending and how much time you...
View ArticleWhy do companies manipulate their financial reports?
Financial reports are to companies what an annual report of health is to a person. Investors, lenders, and prospective key customers go through a company’s financial reports before they associate with...
View ArticleSupply Function and Supply Curve
Supply is the ability and willingness of the firms to sell a specific quantity of a good or service at a given price in a given time period. This will depend on many factors such as the cost of...
View ArticleShifts in Demand and Supply Curves
Shifts in Demand Curve We learned that the demand function expressed the quantity demanded as a function of price, while the other factors are held constant. If the price of a good or service changes,...
View ArticleExcess Demand and Excess Supply
Based on the demand and supply curve, the market forces drive the price to its equilibrium level. There are two possibilities: 1) Excess Demand or 2) Excess Supply Excess supply is the situation where...
View ArticleTypes of Auctions
The equilibrium price for a product can also be determined using an auction where potential buyers place competitive bids for the product and the winner is determined though a pre-specified mechanism....
View ArticleInterpreting Forward Exchange Rate Quotes
Forward exchange rate contracts trade at premiums or discounts to the spot rate. These premiums and discounts are useful insights for analysts to gauge what to expect from the market, and which...
View ArticleBooks for FRM Part 1 Exam
The Financial Risk Manager (FRM) Exam is a rigorous exam and tests your knowledge on four topics: Foundations of Risk Management Quantitative Analysis Financial Markets and Products Valuation and Risk...
View ArticlePersonal Finance Startups in India – All closing down?
I am from India and believe in India’s growth story. The startup community is thriving and many new companies are started everyday. Personal finance is one area where we have seen a handful of startups...
View ArticleRole of Controller in Protection of Assets
In a business, a financial controller is an accounting/audit expert that overseas accounting and implements internal control measures. The person in this role is also sometimes called the comptroller....
View ArticleConsumer Choice Theory and Utility Theory
We assume that people understand the choices available to them and the prices associated with each choice. They consider the alternatives available to them and choose the best based on their...
View ArticleRole of Risk Management
The role of risk management function is to enable the company to maximize return on capital and help it grow profitably. A risk control function is created whose objective is to preserve capital in...
View ArticleHow to Magnify a Selection in Excel?
Sometimes an excel sheet may contain a large amount of data but you may be using only a small range of cells. You may want to display this range of cells as large as possible. Follow the following...
View ArticleExcel: How to Move to First or Last Row in a List
This is a common problem faced when you are dealing with a large list. You are currently in the beginning of the list and quickly want to go to the last record just to check on the total number of...
View ArticleExcel: How to Sort Data Using a Custom Sort Order
If you have some data in your spread sheet you can use the sort function to sort this data in either ascending order or descending order very easily. Let’s say you have a list of 100 books under three...
View ArticleBudget Constraints
We learned that indifference curve shows the bundle of goods that provide same utility to an individual and an individual will always want to maximize the utility. However, most people are constrained...
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