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What is a stock Beta?

What does it mean?
- Phil Ion
Stock Beta is used more in finance than in accounting. The beta represented by the Greek alphabet β which represents a stock or portfolio statistic is a number that describes the relation of its returns with that of the financial market.

Internal rate of return

What is IRR?
- Anonymous
IRR stands for ‘internal rate of return’.  It stands for the rate of return you can expect if the dividends/returns are reinvested into the project at the same rate of return the project yields. For Bonds it is the yeild to maturity too.

What is FASB

Can you please give me the full form of FASB?
- Phil Ion
FASB stands for ‘Financial Accounting Standards Board’. It is the authority that is tasked with establishing the generally accepted accounting principles for organizations. FASB primarily governs the US organizations and although is popular outside, overseas entities have to adhere to their respective country organizations [...]

NPV?

NPV is Net present value! It is the sum of the future cash flows valued in today’s worth.