what is pteb in accounting?
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Options. Rating. PTEB. Payroll Taxes and Employee Benefits. Business.
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A statement of financial accounting standards gives detailed guidance on how to deal with a specific accounting issue. These statements are released by the Financial Accounting Standards Board (FASB), which is the primary accounting rule-setting body in the United States for generally accepted accounting principles.
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Established in 1973, the Financial Accounting Standards Board (FASB) is the independent, private-sector, not-for-profit organization based in Norwalk, Connecticut, that establishes financial accounting and reporting standards for public and private companies and not-for-profit organizations that follow Generally ...
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Temporary accounts are company accounts whose balances are not carried over from one accounting period to another, but are closed, or transferred, to a permanent account. ... Permanent accounts are found on the balance sheet and are categorized as asset, liability, and owner's equity accounts.
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Price-to-earnings (PE) ratio is a measure of the valuation of a company's stock. ... The price-to-book (PB) ratio compares the price of the stock with its book (accounting value). The higher the PB ratio, more expensive is the stock and vice-versa.
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PTPP is a key metric for financial institutions, as it measures a bank's “lung capacity” and the ability to build loan loss reserves out of current period earnings.
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The break-even point (BEP) in economics, business—and specifically cost accounting—is the point at which total cost and total revenue are equal, i.e. "even". There is no net loss or gain, and one has "broken even", though opportunity costs have been paid and capital has received the risk-adjusted, expected return.
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Profit and Loss (statement/analysis; business/accounting) PNL.
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Person conducting a business or undertaking. The term person conducting a business or undertaking or PCBU refers to the legal entity running the business or undertaking, and includes incorporated entities, sole traders, partners of a partnership and certain senior 'officers' of an unincorporated association.
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Posit closing entries is an optional step of the accounting cycle. A reversing journal entry is recorded on the first day of the new period for avoiding double counting the amount when the transaction occurs in the next period.
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An error of principle is an accounting mistake in which an entry violates a fundamental principle of accounting or a fundamental accounting principle established by a company.
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The National Board for Technical Education, otherwise known as NBTE, is a board of education which supervises, regulates and oversee educational programmes offered by technical institutions at secondary, polytechnic and monotechnic levels through an accreditation process.
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An expense accrual is the means by which a company ensures that all of its expenses for the period are included on its income statement, also known as the profit and loss statement, or P&L, as charges against income.
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In business and accounting, net income (also total comprehensive income, net earnings, net profit, bottom line, sales profit, or credit sales) is an entity's income minus cost of goods sold, expenses, depreciation and amortization, interest, and taxes for an accounting period.
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The Trailing Twelve Months (TTM) refers to the last 12 month period for a selected financial metric such as revenue, earnings, or EBITDA. For example, the TTM revenue of a company for the month of May would include the revenue from June of the prior year to May of the current year.
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In accounting, an economic entity is one of the assumptions made in generally accepted accounting principles. ... The "Economic entity assumption" states that the activities of the entity are to be kept separate from the activities of its owner and all other economic entities.
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A Public Information Book (PIB) is a document that compiles available public information. CFI has organized all the main sources of public company filings such as 10-K, 10-Q, S-1,13D, EDGAR, SEDAR, and other databases. These sources are vital for financial analysts performing financial modeling and valuation work.