International Financial Reporting Standards (IFRS)
IFRS is an abbreviation for International Financial reporting Standards. These are a set of accounting standards developed by the International Accounting Standards Board (IASB). The IASB is an independent not-for-profit […]
Modified Dietz
The Modified Dietz method is a way to measure a portfolio’s historical (or ex-post) return. The result of the calculation is expressed as a percentage return over the holding period. Modified Dietz is […]
OECD
OECD or The Organisation for Economic Co-operation and Development is an intergovernmental economic organisation with 36 member countries, created to stimulate economic progress and world trade. Its mission is to promote policies […]
NICE – the UK body providing guidance and advice on health
NICE – the UK body providing guidance and advice on health and social care – was established in 1999. NICE is an acronym for the National Institute for Health and Clinical […]
Chairman of a Board
Chairman of a Board – Highest ranking officer in a firm’s board of directors who presides over the board’s meetings, but may or may not have actual executive authority. This title […]
SORP
SORP is the acronym for Statement of Recommended Practice and refers to Financial Statements of Investment Trust Companies and Venture Capital Trusts issued by the Association of Investment Trust Companies. […]
IFRS 9
IFRS 9 is an International Financial Reporting Standard (IFRS) of the the International Accounting Standards Board (IASB). It lays out the standard for investment companies for financial instruments for: Classification and measurement of financial […]
Basel IV
Basel IV describes the changes agreed in 2016 and 2017 to the international banking standards known as the Basel Accords. Basel IV introduces changes that limit the reduction in capital that […]
Participation notes
Participation notes are a form of derivative, issued by a counterparty such as a bank or a broker, which give an investor the same exposure as buying the underlying security […]
venture capital
Venture capital is used to fund new companies or new ideas and is designed to help a company develop a product or a service. Good examples would be funding for […]
