CPA Audit Exam-Economic Indicators by Darius Clark of i75 CPA Review. скачать в хорошем качестве

CPA Audit Exam-Economic Indicators by Darius Clark of i75 CPA Review.

https://course.i75cpa.com/course/dari... Economics is now part of the CPA Audit Exam. Economic indicators are often categorized based on their timing relative to the business cycle: leading, coincident and lagging indicators. These indicators can help economists and policymakers understand where the economy is headed and where it currently stands. Leading Indicators are statistics that change before the economy as a whole changes thus leading indicators are useful for predicting future economic activity. The stock market is considered a leading indicator because stock prices factor in forward-looking performance so the market can indicate the economy's direction if earnings estimates are accurate. Coincident indicators change at approximately the same time as the economy as a whole, hence they provide information about the current state of the economy. Consumer Spending is a coincident indicator as it reflects the current level of economic activity, as consumer spending changes with the economy’s immediate conditions. Lagging indicators change after the economy as a whole does. They are useful for confirming trends that have already been observed in leading and coincident indicators. Corporate Profits is a lagging indicator. The unemployment rate is generally considered a lagging economic indicator.