What is the Asia-Pacific Economic Cooperation (APEC)? The Asia-Pacific Economic Cooperation (APEC) is an economic group, currently with 21 members, that promotes and facilitates trade, economic growth, and the improvement of living standards for the Asia-Pacific region. With a growing interdependence of the region, APEC was established in 1989 as a way to leverage the…
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)….
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…
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,…
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…
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…
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…
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…
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…
