§ 702 402 full and fair disclosure of financial condition
banking and the management of financial institutions
... Return on Assets :net profit after taxes per dollar of assets net profit after taxes assets Return on Equity :net profit after taxes per dollar of equity capital net profit after taxes ROE = equity ... component of many financial institutions business is making loans • To make profits, these firms must make successful loans that are paid back in full • The concepts of moral hazard and adverse ... ip between ROA and ROE is expressed by the ROA = Equity Multiplier : the amount of assets per dollar of equity capital Assets EM = Equity Capital net profit after taxes net profit after taxes...
Ngày tải lên: 05/01/2014, 16:57
Tài liệu The Economic and Social Effects of Financial Liberalization: A Primer for Developing Countries pptx
... #14-12 Cấu trúc tài (Q (Quản trò tài chính) ò ) – Trong đo: đó: EBIT (Earnings before interest and taxes) T : Ta es Taxes EBIT x (1- T)= Lợi nhuận sau thuế nợ vàø vốán cổå phầàn h ka : Chi phí ... dòng vốn p g ị g y g Các trung gian tài giảm chi phí giao dịch nào? Tạo kinh tế quy mơ (economies of scale) 2 Phát triển nghiệp vụ chun mơn làm giảm chi phí giao dịch (Puzzle 3) Copyright © 2000 ... Các nhà đầu tư khơng muốn mua chứng khốn xấu, thị trường khơng vân hành tốt g g Giải thích Puzzle and Puzzle Cũng giải thích Puzzle 6: Càng thơng tin bất cân xứng cho cơng ty hoạt động tốt vấn đề...
Ngày tải lên: 20/01/2014, 19:20
Human Capital and the Development of Financial Institutions: Evidence from Thailand docx
... Characteristics of Village Banks # of Village Banks % of banks which offer savings % of banks which offer lending % of banks which offer savings and lending Median Years of Operation Median # of Members ... effects of the years of schooling of the head of the household, the years of schooling of the money manager and the average schooling of the heads of the village households are estimated All of the ... years of schooling of village heads of household Figures 2, and describe the relationship between the same bank policies and the years of schooling of the village bank’s money manager All of the...
Ngày tải lên: 06/03/2014, 10:20
Postal Savings and the Provision of Financial Services: Policy Issues and Asian Experiences in the Use of the Postal Infrastructure for Savings Mobilization pdf
... postbanks and privatization and discusses the effect these changes have on the loss of postal financial services and the problem of financial exclusion Section V reviews the experiences of a number of ... in Scotland, Wales and certain sections of Greater London [“Understanding and combating financial exclusion’,” Rowntree Foundation, March 1999] 15 Postal Savings and the Provision of Financial ... function [“Role and Impact of Savings in West Africa: A Case Study of Benin and Mali” B Kalala, UNDP, 2001] 5 Postal Savings and the Provision of Financial Services C Giro: safe and cost-effective...
Ngày tải lên: 15/03/2014, 09:20
Due process and the development of financial accounting standards An exploration of comment letters and their influence on financial accounting standards
... development of financial accounting standards Financial accounting standards impact the reporting of net assets The reporting of net assets is essential in fully functioning financial markets and influence ... Methodology 33 Random Selection of Financial Accounting Standards 33 Coding of Financial Accounting Standards and Comment Letters 37 Validity 42 Role of Researcher ... 203-2 of the AICPA‘s Code of Professional Conduct (AICPA, 2007) CPAs use their education and experience to provide professional opinions (audits) of the financial reports and internal controls of...
Ngày tải lên: 01/06/2014, 13:59
Campaign Finance and Public Disclosure Board Financial Audit For the Period July 1, 1997 through June 30, 1999_part1 pptx
... service and regulatory agency that: • • • • enforces state laws requiring the disclosure of public and local officials' financial interests and potential conflicts of interest; oversees and enforces ... Finance and Public Disclosure Board performs the following functions: • enforces state laws requiring the disclosure of public and local officials' financial interests and potential conflicts of interest; ... to candidates and political parties, and payroll and per diem expenditures The attached Summary highlights the audit objectives and conclusions We more fully discuss the audit objectives and...
Ngày tải lên: 19/06/2014, 17:20
central banking and the incidence of financial crises
... the United States But Forrest Capie, the official historian of the Bank of England, and other British financial historians argue that the Bank of England did not assume central banking responsibilities ... incidence of financial crises from the laboratory of history The accompanying table of US financial crises from 1792 to 2007–08 provides such evidence It lists 15 financial crises over the course of ... sides of the Atlantic provides substantial empirical support for that argument. Dr Richard Sylla, Chairman of the Museum of American Finance, is the Henry Kaufman Professor of the History of Financial...
Ngày tải lên: 05/11/2014, 11:24
johnson et al - 2002 - audit-firm tenure and the quality of financial reports
... Welch, and T Wong 1998 Earnings management and the underperformance of seasoned equity offerings Journal of Financial Economics 50 (1): 63–99 Teoh, S., and T Wong 1993 Perceived auditor quality and ... size and audit quality Journal of Accounting and Economics (3): 183–99 Dechow, P 1994 Accounting earnings and cash flows as measures of firm performance: The role of accounting accruals Journal of ... manipulation of accruals Journal of Accounting and Economics 17 (1–2): 145–76 DeFond, M., and K Subramanyam 1998 Auditor changes and discretionary accruals Journal of Accounting and Economics...
Ngày tải lên: 06/01/2015, 19:43
laksmana - 2008 - corporate board governance and voluntary disclosure of executive compensation practices
... and Y T Mak 2003 Corporate governance and voluntary disclosure Journal of Accounting and Public Policy 22 (4): 325–45 Fama, E., and M Jensen 1983 Separation of ownership and control Journal of ... of directors (e.g., former employees, relatives of management, consultants of the firms, interlocking directors) The results of prior studies on voluntary financial and nonfinancial disclosure and ... determinants of board structure at the initial public offering Journal of Law and Economics 46 (2): 569–98 Baker, T A 1999 Options reporting and the political costs of CEO pay Journal of Accounting,...
Ngày tải lên: 06/01/2015, 19:46
levitt - evidence on the relation between corporatare governance characteristics and the quality of financial reporting
Ngày tải lên: 06/01/2015, 19:49
Financial crisis and the resolution of financial distress evidence from malaysia and thailand
... Model of the Effect of the Establishment of Danaharta 155 ix LIST OF FIGURES Chapter 1 Malaysia and Thailand: Lending Rate 37 Chapter Chronology of Events 73 Chapter Malaysia and Thailand: Lending ... institutional structures of Malaysia and Thailand are different from that of the United States in the 1930s and 1990s and that of Japan’s in the1990s, the nature of the financial crisis faced by ... Table of Contents ii Abstract vi List of Tables viii List of Figures x List of Abbreviations xi Chapter 1: Understanding the East Asian Financial Crisis: the Role of Banks in Propagating and Amplifying...
Ngày tải lên: 12/09/2015, 08:18
International cooperation for the conservation and sustainable and fair use of biodiversity
... objectives of the CBD are “the conservation of biological diversity, the sustainable use of its components and the fair and equitable sharing of the benefits arising out of the utilization of genetic ... dimensions of cooperation impact on economies of scale and other institutional factors– and thereby on the volume of trade, monetary and non-monetary benefits of cooperating countries, and conservation ... Picture of Biodiversity and its Conservation and Sustainable and Fair Use 2.1 Introduction 2.2 The rationale for biodiversity conservation and sustainable and fair...
Ngày tải lên: 26/11/2015, 10:18
Benefits and unintended consequences of financial markets reform
... 2012 Benefits and unintended consequences of financial markets reform Introduction As a result of the 2008 financial crisis and consequent world recession, central bankers, regulators and governments ... impact (impacts profit of our financing and risk management model) Mainland Europe UK Asia-Pacific 18 19 24 11 Medium impact (Significantly impacts profit of our financing and risk management ... Benefits and unintended consequences of financial markets reform Chart Q Please assess the compound impact of all regulatory change (% of respondents, by sector) FS Low impact (impacts profit of our...
Ngày tải lên: 04/12/2015, 00:05
In this issue: Fair value measurement of financial assets and financial liabilities pdf
... representative of fair value Financial assets and liabilities with offsetting positions in market risk(s) or credit risk IFRS 13 permits an exception to measure the fair value of a group of financial ... both IAS 39 (and, where applicable, its interactions with currently effective requirements of IFRS Financial Instruments: Disclosures and IFRS Financial Instruments) and IFRS 13 and explains ... consideration of collateral and margining requirements, and the effect of master netting arrangements See Question 10 for a discussion of the inclusion of credit risk in the valuation of financial...
Ngày tải lên: 23/03/2014, 11:20
IN THIS ISSUE: PRESENTATION AND MEASUREMENT OF FINANCIAL ASSETS CARRIED AT FAIR VALUE potx
... ways of calculating realised gains and losses for the purpose of disclosure Disclosures as at 31 December 2011 How calculated Method How calculated (350) The sales price of 3,150 less the fair ... determination and presentation of income and expense on available-for-sale debt investments It also shows when foreign exchange gains and losses and interest income from debt investments at fair value ... realised gains and losses on inancial assets at fair value through proit or loss be disclosed separately from unrealised ones? Disclosure of realised gains and losses on inancial assets at fair value...
Ngày tải lên: 30/03/2014, 03:20
The Impact of Regulation Fair Disclosure: Trading costs and Information asymmetry
... The Impact of Regulation Fair Disclosure: Trading costs and Information asymmetry Abstract In October of 2000, the Securities and Exchange Commission (SEC) passed Regulation Fair Disclosure (FD) ... costs on NASDAQ and NYSE.” Journal of Financial Economics, 41 (1996), 313-357 Janakiraman, S.; Radhakrishnan S.; and R Szwejkowski “Impact of regulation fair disclosure on the quality of analysts’ ... “Regulation Fair Disclosure and Information Asymmetry.” Working Paper, University of Notre Dame (2002) Sundar, S.V “Investor Access to Conference Call Disclosures: Impact of Regulation Fair Disclosure...
Ngày tải lên: 31/10/2014, 12:03
Dictionary Of Financial And Business Terms (2)
... (sum of y)] [(n) (sum of (xx)) ]-[ (sum of x) (sum of x)] where: n = # of observations (36 months) x = rate of return for the S&P 500 Index y = rate of return for the fund 14 Dictionary of Financial ... makeup of the liabilities and stockholders' equity side of the balance sheet, especially the ratio of debt to equity and the mixture of short and long maturities Capital surplus Amounts of directly ... Deferred annuities offer deferral of taxes with the option of withdrawing one's funds in the form of life annuity Deficit An excess of liabilities over assets, of losses over profits, or of expenditure...
Ngày tải lên: 05/10/2012, 08:22
Dictionary Of Financial And Business Terms
... (sum of y)] [(n) (sum of (xx)) ]-[ (sum of x) (sum of x)] where: n = # of observations (36 months) x = rate of return for the S&P 500 Index y = rate of return for the fund 14 Dictionary of Finantial ... makeup of the liabilities and stockholders' equity side of the balance sheet, especially the ratio of debt to equity and the mixture of short and long maturities Capital surplus Amounts of directly ... Deferred annuities offer deferral of taxes with the option of withdrawing one's funds in the form of life annuity Deficit An excess of liabilities over assets, of losses over profits, or of expenditure...
Ngày tải lên: 05/10/2012, 08:22
Dictionary of financial and business term
... (sum of y)] [(n) (sum of (xx)) ]-[ (sum of x) (sum of x)] where: n = # of observations (36 months) x = rate of return for the S&P 500 Index y = rate of return for the fund 14 Dictionary of Finantial ... makeup of the liabilities and stockholders' equity side of the balance sheet, especially the ratio of debt to equity and the mixture of short and long maturities Capital surplus Amounts of directly ... Deferred annuities offer deferral of taxes with the option of withdrawing one's funds in the form of life annuity Deficit An excess of liabilities over assets, of losses over profits, or of expenditure...
Ngày tải lên: 23/10/2012, 14:24