Importance and Impact of Accounting Policies Disclosure

Accounting policies are the rules and regulations chosen by a company to prepare and represent its financial statements. Accounting policies are of utmost importance, as they set a framework that every company follows.Like other financial policies, accounting policies happen to improve organizational performance in various ways. By acknowledging the benefits of well-structured accounting policies, you […]

What is a Mortgage Note?

In a simple explanation, a mortgage note is a promise to repay the specific mortgage debt. A mortgage note is a legal document that describes the repayment of a loan secured by real estate. The terms include a loan amount, payback period, and interest rate, among other items. The mortgage note is a transferable instrument sold […]