EARNINGS FROM OPERATIONS Definition

Bookmark and Share

EARNINGS FROM OPERATIONS (EFO) represent earnings before other operating items less (i) depreciation and amortization plus (ii) other income less (iii) other expense.

Learn new Accounting Terms

SARBANES-OXLEY ACT (SOX) contains sweeping reforms for issuers of publicly traded securities, auditors, corporate board members, and lawyers. It adopts tough new provisions intended to deter and punish corporate and accounting fraud and corruption, threatening severe penalties for wrongdoers, and protecting the interests of workers and shareholders. The Sarbanes-Oxley Act of 2002, was signed into law by US President George W. Bush and became effective on July 30, 2002.

TWO PARTY CHECK is a check made out from one individual to another, i.e. only two entities are involved in the transaction.

Suggest a Term

Enter Search Term

Enter a term, then click the entry you would like to view.