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Trade Secrets Inc. hosts client accounts in servers located in foreign countries. The U.S. government issues a warrant to obtain e-mails related to a possible criminal case from one of those accounts. Before a court, as part of a refusal to comply with the order, Trade Secrets' best arguments include that the warrant
Net Asset Valuation
A method of valuing a company or an investment fund, calculated by subtracting total liabilities from total assets.
Net Income Determination
The process of calculating a company's total earnings after subtracting all expenses, including taxes and costs, from total revenues.
Accrual Accounting
An accounting method that records revenues and expenses when they are incurred, regardless of when cash transactions occur.
Cash Basis
An accounting method where revenues are recognized when cash is received and expenses are recognized when paid.
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