What is a Government Guarantee? A government guarantee is an agreement between a financial institution and a government agency. It typically stipulates that if a borrower were to trigger an event of default that could not be resolved, the government agency would make the financial institution whole on its exposure. In some instances, the guarantee…
How CFOs Can Lead in Today’s Environment The role of a chief financial officer has evolved significantly over the years, and the pandemic accelerated that change to include more leadership throughout an organization. Analyzing data, mostly of the financial variety, has always been central to the role, but today that also includes digital marketing analytics,…
Is your organization interested in increasing brand compliance, reducing errors, and improving efficiency when it comes to financial reporting? Are you an Excel power user who understands the importance of standardizing financial modeling, but unsure how to implement them? Wondering where you start, which steps need to be taken, and what success looks like along…
What are Exchange Rates? An exchange rate is the relative ratio that one can exchange a unit of one currency for a unit of another currency. For example, the USD/CAD exchange rate is the quoted rate of exchanging one US Dollar for one Canadian Dollar. This ratio is determined by market forces that look at…
A rising focus on corporate Environmental, Social, and Governance (ESG) performance is rapidly changing the regulatory environment and associated stakeholder expectations for businesses around the world. Investors, analysts, directors, and management teams alike are seeing the need to apply an ESG lens to virtually every decision-making process — from where to deploy capital and who…
Can Anyone Build Their Own Cryptocurrency? In a short answer, yes—cryptocurrencies can be created by anyone with technical computer programming knowledge. How Can You Start Your Own Cryptocurrency? There are three main ways to start your own cryptocurrency: 1. Create your own blockchain and native coin Creating your own blockchain is the most complicated method…
What are Block Rewards? Block rewards are cryptocurrencies that are paid out to users, or pools of users, in exchange for these users maintaining the cryptocurrencies blockchain network by determining which new blocks are valid and adding them to the blockchain. These rewards can consist of new cryptocurrency coins or tokens, as well as transaction…
What are Cryptocurrency Inflation and Deflation? Cryptocurrency inflation and deflation refer to how the overall purchasing power of a specific cryptocurrency changes over time. Inflationary cryptocurrencies have declining purchasing power over time due to increases in supply; deflationary cryptocurrencies increase in intrinsic value over time as total supply remains constant or decreases. Understanding inflation/deflation for…
What is a Hash Function? A hash function is a mathematical function or algorithm that simply takes a variable number of characters (called a ”message”) and converts it into a string with a fixed number of characters (called a hash value or simply, a hash). The act of hashing is, therefore, running an input into…
For businesses and individuals alike, the role of finance and its career paths are evolving. But what does this mean for finance professionals and the organizations hiring them? What does it take to move ahead and stay competitive in a time of digital transformation? Join Fred Swaniker, Founder and CEO at ALX and The ROOM,…
