Financial Knowledge definition
Financial Knowledge means a working familiarity with basic finance and accounting practices, including the ability to read and understand fundamental financial statements, including balance sheets, income statements and cash flow statements. Persons who will become so qualified within a reasonable period of time after his or her appointment to the Audit Committee also comply with this provision. Committee members may enhance their familiarity with finance and accounting by participating in educational programs conducted by the Company or an outside consultant.
Examples of Financial Knowledge in a sentence
As of the date hereof, no proceedings for the revocation of such deposit insurance are pending, or, to Equinox Financial Knowledge, threatened.