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When moderately intoxicated by alcohol
Year-end Value
The financial value of an asset or account as recorded at the end of the fiscal year, which is important for annual financial reporting.
Internal Controls
Internal controls are the mechanisms, rules, and procedures implemented by a company to ensure the integrity of financial and accounting information, promote accountability, and prevent fraud.
Sarbanes-Oxley Act
A U.S. federal law that aims to protect investors by making corporate disclosures more reliable and accurate.
Compensating Balance
A minimum bank account balance that a borrower is required to maintain as a condition for some forms of loans or line of credit.
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