Bookkeeping

We formally test the default risk premium hypothesis using the standard factor-risk pricing approach of Fama and MacBeth (1973). To measure systemic default risk, we track monthly changes in the charge-off rate for the overall credit card lending market. Then, we estimate how sensitive different credit card FICO portfolios are to this risk by regressing […]

The firm carries out bookkeeping and accounting solutions such as bank account reconciliation, general ledger cleanup, and balance sheet generation. Its bookkeepers analyze trends and provide recommendations, identify lost checks, manage funds and cash flow, and track revenues and expenses. Its CEO, Cindy Dillard, has been in the accounting industry for more than 20 years.