GAAP (Generally Accepted Accounting Principles) are accounting standards, conventions and rules. It is what companies use to measure their financial results. These results include net income as well as how companies record assets and liabilities. In the US, the SEC has the authority to establish GAAP. However, the SEC has historically allowed the private sector to establish the guidance. See The Financial Accounting Standards Board.
ESG Funds – What You Should Know
Check out our investor bulletin about mutual funds and ETFs that focus on environmental, social, and governance principles.
Celebrity Involvement with SPACs
Learn why it is never a good idea to invest in a SPAC just because someone famous sponsors or invests in it or says it is a good investment.
Know the risks of day trading
Read this Director’s Take article to understand the risks of engaging in this type of speculative investing.