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BASIC ACCOUNTING normally includes the areas of Debits and Credits; Accounts; Assets, Liabilities, Equity, Revenue and Expenses; and, an accounting system that offers a method for checking, balancing, and reconciling all accounting related transactions in order to produce accurate pictures of the entities financial health. Profit and Loss Reports, Balance Sheets, and Cash Flow Statements are the end result of compiling all the transactions into meaningful, usable information for individuals and business owners alike.

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FINRA is Financial Industry Regulatory Authority. FINRA is the largest self-regulatory organization for the securities industry in the United States. FINRA has primary responsibility for the regulation of NASDAQ and the over-the-counter securities markets.

DISC is Domestic International Sales Corporation.

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