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Fraud in Audits
Fraud in audits is when an entity is found to have illegally altered financial statements to manipulate its financial health or to hide profit or losses.
Bitcoin
Bitcoin (BTC) is one of the first cryptocurrencies to rise in popularity. Invented in 2008, it is now the largest cryptocurrency by market share. As of June 2017, BTC has a nearly $40 billion market cap.
SPAC
A special purpose acquisition company (SPAC) is a corporation formed to raise investment capital through an initial public offering (IPO).
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Credit Score
A credit score represents an individual’s financial and credit standing and ability to obtain financial assistance from lenders.
Fiat Money
Fiat money is a currency that lacks intrinsic value and is established as a legal tender by government regulation.
Circular Economy
A circular economy is an economic model designed to minimise resource input and waste and emission production.
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ESG
ESG is the acronym for Environmental, Social, and (Corporate) Governance, the three broad categories or areas of interest for “socially responsible investors.”
OECD
The OECD, or Organization for Economic Cooperation and Development, is an international organisation that promotes policy coordination and economic freedom among developed nations.
Great Depression
The Great Depression was a worldwide economic depression from the late 1920s through the 1930s. For decades, debates went on about what caused the economic catastrophe, and economists remain split over several different schools of thought.
World Bank Group
The World Bank Group is a multilateral development bank conceived in 1946 as one of the two Bretton Woods institutions, along with the International Monetary Fund (IMF).
IMF
The International Monetary Fund (IMF) is an institution of the United Nations that sets standards for the global economy, intending to strengthen its member countries economically.
Unraveling the Concept of Decentralized Autonomous Organizations
In the ever-evolving world of blockchain technology, one term that often surfaces is Decentralized Autonomous Organization
Accounting Scandals
The last two decades saw some of the worst accounting scandals in history. Billions of dollars were lost due to these financial disasters, which destroyed companies and ruined peoples’ lives.