Nominated Advisor (NOMAD)
What is a Nominated Advisor (NOMAD)? A Nominated Advisor (NOMAD) refers to a financial services firm that a company utilizes to be placed on the London Stock Exchange’s Alternative Investment Market (AIM). To be listed on the AIM, it is a requirement to employ a NOMAD that is pre-approved by the London Stock Exchange (LSE)….
Non-Sampling Error
What is Non-Sampling Error? Non-sampling error refers to an error that arises from the result of data collection, which causes the data to differ from the true values. It is different from sampling error, which is any difference between the sample values and the universal values that may result from a limited sampling size. Non-sampling…
Solar Energy ETFs
What are Solar Energy ETFs? Solar energy ETFs are exchange-traded funds that provide investors access to investments in the solar power industry. As of May 2020, there is only one ETF strictly devoted to solar energy – the Invesco Solar ETF (TAN). However, solar energy equities are part of the holdings of several renewable energy,…
Whistleblower Policy
What is a Whistleblower Policy? A whistleblower policy is now considered a very critical part of almost all organizations, as a result of legal issues. Whistleblowers almost always become victims of their actions, so some countries such as the US are seeing the need to increase legal protection for them. Read on to find out…
Action Learning
What is Action Learning? Action learning, in the simplest definition, is a process for developing creative solutions in tackling complex problems of individuals, groups of people, and corporations. It involves taking steps to solve a problem and then evaluating the effectiveness of those steps – in other words, looking to LEARN from the ACTIONS you…
Evaluation Plan
What is an Evaluation Plan? An evaluation plan is part of the planning for a project – the part that is related to deciding how the project will be monitored and assessed to determine the project’s success and effectiveness. An effective evaluation plan should show how the project will be monitored and how its objectives…
Loan Covenant
What is a Loan Covenant? Loan covenants are a series of small, independent agreements made between a debtor (borrower) and a creditor (lender). Loan covenants expressly outline behaviors that a borrower must – or must not – engage in. When a debtor borrows money from a creditor, the loan terms are expressly outlined in a…
Skimming Fraud
What is Skimming Fraud? Skimming fraud is a type of white-collar crime that involves taking the cash of a business prior to entering it into the accounting system. Skimming is an “off-book” fraud because the cash theft has occurred before it is entered into the bookkeeping system. Thus, it is never reported on the company’s…
Married Filing Jointly
What is Married Filing Jointly? Married filing jointly, for tax purposes, refers to the filing status in the U.S. for a married couple that is married as of the end of a tax year. Married couples can access distinct tax treatments that can be beneficial when filing under married filing jointly status. Married couples can…
