Financial Institution
Organizations providing various financial services, such as banks, credit unions, and investment firms.
FIRA (Foreign Inward Remittance Advice)
A document that provides information about incoming foreign remittances, essential for regulatory compliance and record-keeping by financial institutions.
FIRC (Foreign Inward Remittance Certificate)
A document confirming the receipt of foreign funds into an individual's or business's bank account, serving as evidence of foreign fund inflow.
Forex Benchmark
A standard rate used as a reference in the forex market, often employed as a benchmark for evaluating currency exchange rates.
Forex Broker Fees
Commissions and charges imposed by brokers or intermediaries for executing forex trades on behalf of clients.
Forex Market (Foreign Exchange Market)
The global marketplace for trading and exchanging currencies, encompassing various participants and transactions.
Forex Regulations (Foreign Exchange Regulations)
Rules governing the foreign exchange market, designed to ensure transparency and market stability.
Forex Reporting
The documentation and reporting of foreign exchange transactions, ensuring compliance with regulatory requirements and transparency.
Form 3CEB
A reporting form used in India to provide information on transfer pricing and international transactions.
Functional Analysis
Evaluation of the functions, assets, and risks undertaken by related entities in intercompany transactions.
FX Markup (Foreign Exchange Markup)
An additional charge or fee imposed by financial institutions or currency exchange services on top of the base exchange rate when converting currencies.
FX Rate (Foreign Exchange Rate)
The value at which one currency can be exchanged for another in the currency exchange market.
Federal Insurance Contributions Act
A U.S. law that mandates the collection of Social Security & Medicare taxes from employees and employers.
Financial Accounting
The speciality of accounting that focuses on recording, summarising, and reporting a company's financial transactions.
Financial Footprint
A company's financial impact or presence in a specific market or industry.
Financial Management
The process of planning, controlling, and optimizing a company's financial resources.
Financial Reporting
The process of disclosing a company's financial information to stakeholders, typically through financial statements.
Financial Statements
Reports that provide a snapshot of a company's financial position and performance, including the balance sheet and income statement.
Fiscal Year
A 12-month accounting period businesses and organizations use for financial reporting and tax purposes.
Fixed Assets
Long-term assets like buildings and equipment used in business operations.
Fixed Costs
Costs that do not vary with the level of production or sales, such as rent and salaries.
Flat Tax
A tax system in which all businesses pay the same percentage as corporate tax.
Float
The delay in time when a payment is initiated and when it is cleared and actually settled.
Foreign Exchange Hedging
Strategies used to mitigate the risk of currency exchange rate fluctuations in international business transactions.
Foreign Income Exclusion Rules
Tax rules that allow U.S. citizens and residents to exclude certain foreign-earned income from their taxable income.
Foreign VAT Recovery
The process of reclaiming value-added tax (VAT) paid on business expenses in foreign countries.
Forensic Accounting
The use of accounting and investigative techniques to uncover financial fraud or irregularities.
Form D
Companies use a Securities and Exchange Commission (SEC) filing to raise capital through private placements.
Form S-1
A registration statement filed with the SEC by companies planning to go public and offer their securities to the public.
Free Cash Flow
The cash generated by a corporation after accounting for capital expenditures and operating expenses.
