A financial information system is a software system that manages all aspects of an organization's financial transactions, including outgoings, expenses, income and assets. Almost all businesses of varying sizes make use ... More »

Financial reconciliation is the process of analyzing information in an account statement by comparing it to source documents in order to ensure the information is accurate and valid. Reconciliation ensures that the money... More »

Information systems are a combination of the technology, knowledge and people involved in servicing the informational requirements of organizations and individuals. Students can study for information systems degrees that... More »

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Net rental income refers to the amount of income received from tenants, minus the expenses incurred on the ownership of rented property. It is generally included within the umbrella term, net investment income, which com... More »

The international financial market is the worldwide marketplace in which buyers and sellers trade financial assets, such as stocks, bonds, currencies, commodities and derivatives, across national borders. Key cities in t... More »

National income accounting is important because it is a government accounting system used to measure the level of economic activity. For example, it is used to measure the total amount of revenues earned by various compa... More »

The term financial budget refers to projections on an organization's income and expenses both on a short-term basis and long-term basis. According to the Entrepreneur, short-term plans should cover at least one financial... More »