OFAC, Office of Foreign Assets Control, Homeland Security, Acts & Compliance, Searches and Information and Background. The Office of Foreign Assets Control (âOFACâ) of the U.S. Dept. of the Treasury enforces economic and trade sanctions based on foreign policy and national security goals.
Accounting For Stockholders' Equity. A corporation's balance sheet reports its assets, liabilities, and stockholders' equity. Stockholders' equity is the difference (or residual) of assets minus liabilities. Because of the cost principle (and other accounting principles), assets are generally reported on the balance sheet at cost (or lower) amounts.
What is Common Stock? Common stock is a type of equity share issued by a corporation or entity. The buyers of common stock are referred to as shareholders. Ownership Equity. Common stocks are fractional shares or a percentage equity ownership of an entity.