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The ELFA has been engaged on these issues for many years, consistently making the case to lawmakers that smart, ...
A company's long-term liabilities, such as bonds payable and finance leases, arise from its future cash flow obligations.
Understand what’s considered high-interest debt, how it impacts your finances and effective debt management strategies to prepare for the future.
Earlier in March, OCBC announced it would cut rates on its 360 Account in line with prevailing market conditions. From May 1, the maximum effective interest rate for the 360 Account will be cut to ...
Effective-interest and straight-line amortization are the two options for amortizing bond premiums or discounts. The easiest way to account for an amortized bond is to use the straight-line method ...
Opinion Towards a more effective interest rate policy Though it is the RBI that sets policy rates, the FinMin could also have a role in correcting market rates ...
Amortization schedules distribute these payments over the life of the loan, ensuring you chip away at the principal while also covering the interest. This is called an ammo schedule.
Earnings before interest, taxes, depreciation and amortization (EBITDA) is a business analysis metric. Learn how to analyze your company's financial health with EBITDA. Written by:Simone Johnson ...
Amortization refers to the length of time it takes to fully repay a mortgage, including both principal and interest. In Canada, the most common amortization periods range from 25 to 30 years, though ...
The effective interest method of amortization causes the bond’s book value to increase from $95,000 on Jan. 1, 2017, to $100,000 prior to the bond’s maturity.
Your mortgage amortization, also known as your amortization period, is the amount of time it will take you to pay off your mortgage in full. This can range from one to 30 years.
Effective-interest and straight-line amortization are the two methods used by companies for amortizing bond at premium or discount. Straight-Line is the simplest method of amortizing a bond, in this ...