Financial Analysis, Professional Development Flashcards
(46 cards)
Accounting
The systematic and comprehensive recording of financial records.
Asset
Items of value that a business possesses.
Balance Sheet
A financial statement that summarizes a company’s assets, liabilities, and shareholders equity at a specific point in time.
Bank Statement
Report released (on a fixed date every month) by banks that lists deposits, withdrawals, checks paid, interest earned, and service charges or penalties incurred on an account. It shows the cumulative effect of these transactions the account’s balance, up to the date the report was prepared.
Budget
Estimate of costs, revenues, and resources over a specified period for a particular project or operation of a business (or household). It serves as a plan for action for achieving goals, a standard for measuring performance, and a device of coping with foreseeable adverse situations.
Capital Asset Pricing Model ( CAPM )
A model used to estimate the expected return on an investment based on its systematic risk, as measured by its beta coefficient, and the risk-free rate of return, adjusted for market risk.
Cash Flow Statement
Summary of the actual or anticipated incoming and outgoing cash in a firm over an accounting period. It answers the questions “Where the money came from?” and “Where it went?” It assesses the amount, timing, and predictability of cash-inflows and cash-outflows, and are used as the basis for budgeting and business planning.
Credit
The granting of a loan and the creation of debt. It is any form of deferred payment.
Credit History
Record of a borrower’s payment behavior that reflects his or her ability to repay a loan. It is a critical factor used in a credit rating, and it is used by lending institutions as a qualifier for new loans.
Currency
Tokens used as money in a country. In addition to the metal coins and paper bank notes, it also includes checks drawn on bank accounts, money orders, travelers checks, and will soon include electronic money or digital cash.
Adaptability
The ability to adjust and thrive in changing environments, roles, or situations, demonstrating flexibility, resilience, and openness to new challenges and opportunities.
Appearance
The outward or visible aspect of an individual.
Behavioral Skills
The ability to solve problems and to manage risk.
Chain of Command
The order in which authority and power in an organization is maintained and delegated from top management to every employee at every level of the organization.
Cover Letter
A letter of introduction that often accompanies a resume.
Emotional Intelligence ( EI ) Development
The process of improving self-awareness, self-regulation, empathy, and social skills to better understand and manage one’s own emotions and relationships with others.
Entrepreneurship
The capacity and willingness to develop, organize and manage a business venture along with any of its risks in order to make a profit.
Follow Up Letter
A letter sent after an initial letter, telephone call, meeting or job interview.
Goal
An observable and measurable end result having one or more objectives to be achieved within a more or less fixed time frame.
Internship
An official or formal program to provide practical experience for beginners in an occupation or profession.
Interview
A somewhat formal discussion between one who hires and an applicant or candidate, typically in person, in which information is exchanged, with the intention of establishing the applicant’s suitability for a position.
Job Application
Form which indicates interest in a particular place of employment or position within a company. Typically requests personal identification information (such as name, address and phone number), as well as a history of job experience.
Leadership Development
Cultivating and enhancing leadership skills, qualities, and behaviors to effectively lead and inspire teams, drive organizational change, and achieve strategic goals.
Mentors
Experienced and trusted advisers.
