What is the MD&A Section of a 10-K? The Management Discussions and Analysis (MD&A) is a section of the annual report or SEC filing 10-K that provides an overview of how the company performed in the prior period, its current financial condition, and management’s future projections and outlook. The Management Discussion and Analysis helps potential…
What are SEC filings? SEC filings are financial statements, periodic reports, and other formal documents that public companies, broker-dealers, and insiders are required to submit to the U.S. Securities and Exchange Commission (SEC). The SEC was created in the 1930s with the aim to curb stock manipulation and fraud that was taking place among companies….
What are Analyst Recommendations? Analyst recommendations are recommendations and advice given by financial analysts and investment researchers to their clients with regards to what assets to invest in and what assets not to invest in. Financial analysts usually conduct extensive research on a specific asset class and also on the overall state of the financial…
What is Algorithmic Trading? Algorithmic trading strategies involve making trading decisions based on pre-set rules that are programmed into a computer. A trader or investor writes code that executes trades on behalf of the trader or investor when certain conditions are met. Examples of Simple Trading Algorithms Short 20 lots of GBP/USD if the GBP/USD…
Working in Credit Risk Today’s lending decisions for retail clients are often made by technology, such as AI. Despite this, there is a huge demand in the finance industry for people with credit risk expertise. Credit analysts responsible for making bank lending (or underwriting) decisions often do so for loan requests from larger, commercial, or…
What is a Credit and Collections Analyst? A credit and collections analyst is tasked with the responsibility of assessing a person’s or a company’s riskiness in terms of both extending credit and collecting repayments. The analysts must systematically review a customer’s financial history, financial statements, and any other information that would pertain to receiving a…
What is a Commercial Credit Analyst? A credit analyst is someone who assesses the creditworthiness of a borrower; a commercial credit analyst, specifically, works with business borrowers. Commercial credit analysts underwrite credit based on the strength of the business, including the experience of its management team, any competitive advantages it has, its overall financial health,…
What are the Best Corporate Finance Books? Many corporate finance books are available nowadays, covering various topics from beginner to advanced levels. Finance professionals can access a wide range of resources to learn more about the industry and improve their skills. By reading a book, they can access large volumes of information and research data…
What are Data Tables? Data tables are used in Excel to display a range of outputs given a range of different inputs. They are commonly used in financial modeling and analysis to assess a range of different possibilities for a company, given uncertainty about what will happen in the future. How to Create Excel Data…
