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What are Generally Accepted Accounting Principles (GAAP)?

September 3, 2021 admin Comments Off on What are Generally Accepted Accounting Principles (GAAP)?

When a public company issues a financial statement, everything needs to be clear and well-understood by everyone reading it. To ensure this, it’s paramount to have a baseline for reporting. That’s where Generally Accepted Accounting Principles (GAAP) come in. GAAP represents methods, rules and practices that provide guidelines and procedures—as well as objective standards—for financial data and statements. In short: GAAP standardizes accounting for all companies, so the data they’re reporting is universally understood and cross-comparable.
GAAP-compliance is a major implication for companies reporting financial information to shareholders. It’s mandated by the Securities and Exchange Commission (SEC) for all public …read more […]

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Arkk ETF Review – The Innovative ETF that Invests in Growth

September 3, 2021 admin Comments Off on Arkk ETF Review – The Innovative ETF that Invests in Growth

If you think you missed out on the high-growth stock revolution of 2020, think again. This Arkk ETF review will take a deep dive into the innovative ETF that everyone is talking about since its explosive year in 2020.
The Ark Innovative ETF (NYSE: ARKK) outperformed in 2020, growing over 150% in 2020 alone. So far this year, ARKK stock hasn’t performed like a high-growth ETF should, being essentially flat year to date.
With investors now worried about macroeconomic factors like the Federal Reserve beginning to taper the purchase of assets, can the popular ARK ETF maintain its current pace of growth? …read more […]

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ChargePoint Stock Forecast

September 3, 2021 admin Comments Off on ChargePoint Stock Forecast

If you drive an electric vehicle, you are probably familiar with ChargePoint. If not, ChargePoint is the largest independently owned network of charging stations. Not only that, but the company went public in September 2020 and trades on the NYSE. Hence, it is still in the early days of this potentially lucrative investment opportunity. We’ll explore that and more in this ChargePoint stock forecast.
ChargePoint is the largest charging station operator in a growing electric vehicle market. However, that doesn’t guarantee it is a solid investment going forward. Thus, this ChargePoint stock forecast will take a closer look at ChargePoint and …read more […]