GAAP: Generally accepted accounting principles is a collection of commonly followed accounting rules and standards for financial reporting. 25. Goodwill: Goodwill is an intangible asset recognized when ownership of a firm is transferred as a going concern 26. M&A: Merger and Acquisition refers to when two or more companies combine together to form a single entity or if one company acquires another company. Rights Issue: An issue of shares offered at a special price by a company to its existing shareholders in proportion to their holding of old shares 28. Sunk cost a sunk cost is a cost that has already been incurred and cannot be recovered Some Current affairs topics 1. https://finshots.in/archive/sovereign-bonds/ 2. https://www.business-standard.com/article/international/twitter-plans-to-roll-out- zero-ads-subscription-model-says-elon-musk-123012200062_1.html 3. https://www.moneycontrol.com/news/business/inflow-in-gold-etfs-drops-90-in-2022- asset-base-investors-account-grow-9912371.html 4. https://tradingeconomics.com/united-states/existing-home-sales 5. https://finshots.in/archive/indias-sinking-towns-have-a-renewable-energy-problem/ 6. https://finshots.in/archive/10-billion-call-centre-scam/