stakeholders of financial statements and their needs

... Identify the needs of different investors Understand investors’ needs LO3 3.1 Design portfolios of investments for different individuals 3.2 Explain the functions of financial advisers and how to ... main types of investors’ needs which are identified based on their different set of goals and objectives, namely: Types of needs Conservative Characteristics Focused on the security of investment, ... 2: UNDERSTAND THE WORKING OF THE STOCK EXCHANGE AND THE RANGE OF INVESTMENT AVAILABLE 4.1 Explain the information in the financial pages of The Financial Times Ken Fisher - the author of article...

Ngày tải lên: 12/02/2017, 14:48

Ngày tải lên: 28/06/2014, 10:20

... a way of compensating for this lack of transparency Off-exchange, warning quotes are available only at lead or branch offices of member firms, and electronic collection or rebroadcast of any ... R., and P Pfleiderer, 1988, “A Theory of Intraday Patterns: Volume and Price Variability.” Review of Financial Studies, 1, 3-40 Amihud, Y., and H Mendelson, 1989, “Market Microstructure and Price ... order is far out of range The gradual and progressive revision of quotes on the TSE is mandated with a view toward smoothing the price transition path and reducing the impact of transient liquidity...

Ngày tải lên: 31/10/2014, 12:51

... Banking and Finance) is the separation of the functions of managing director and of chairman of the board, but this necessity is not upheld by the ®ndings of this model (lines 25 and 27 of Table ... large percentage of non-executive directors and the separation of the functions of CEO and non-executive chairman increases the probability of CEO substitution 29 De Standaard of 7, August 1999 ... al., 1997) In spite of the presence of a large shareholder in a vast majority of Belgian listed companies and of the breakdown ± both in terms of performance and governance ± of the ownership cascade...

Ngày tải lên: 02/01/2015, 17:34

... relationship between return and market value of common stocks Journal of Financial Economics, 9, 3−18 Chan, H W and R W Faff (2005), “Asset pricing and the illiquidity premium” The Financial Review 40, ... size According to Fama and MacBeth (1973), the result showed that the effects of size and B/M are significant at 95%, the effect of size is -0.0041%/month and the effect of the B/M ratio is 0.0206%/month, ... difference each month between the average rate of return of a small group (S/L, S/M and S/H) compared with the average rate of return of a large group (B/ L, B/M and B/H) SMB = 1/3 (S/H + S/M + S/L) -...

Ngày tải lên: 13/09/2015, 17:51

... explained that banks and financial and investment service firms, in fact, have special nature of financial statements differently from other firms, thus an inclusion of banks and financial service ... tax benefits of debt and there is a cost of financing with debt, the costs of financial distress including bankruptcy costs of debt and non-bankruptcy costs The marginal benefit of further increases ... utilization of borrowings, they would face with low rate of profitability in earlier stage of restructuring, and then they would reach sustainable growth of profitability later on And thirdly,...

Ngày tải lên: 22/10/2015, 11:32

... Chairman and CEO of BorgWarner; Larry Hirsch, Chairman and CEO of Centex Corp.; Gary Hirshberg, Chairman and CEO of Stonyfield Farm; Jim Leisenring, board member of the International Accounting Standards ... 1930s Among a host of other provisions, it requires that CEOs and CFOs sign off on their financial statements, making a public declaration that the facts and figures are legitimate and verified This ... former CEO and CFO of Enron, in testimony to Congress, stated that they could not be responsible for their own financial statements, and that their auditors were to blame This so deeply offended...

Ngày tải lên: 21/12/2013, 01:19

... is not clear and open -> the investors can’t have correct informational basis for their investment decisions - Stock laws is not perfectible and management of state is not hard and fast in Viet ... Definition The scale of Viet Nam‘s stock market The situation of Viet Nam‘s stock market today Limitation of Viet Nam‘s stock market II How does it influence on the economics of Viet Nam? - Part ... state of trading shares on Viet Nam stock exchange nowaday? Definition a Stock or shares b Stock market or stock exchange 2 The scale of Viet Nam‘s stock market: - The first trading session of...

Ngày tải lên: 07/01/2014, 11:13

... shares of companies offered to the public Conclusion, it is necessary to expand the scope of activities of individual securities offering +For information proclaimation: The expansion of disclosure ... only the provisions on disclosure of entities such as bills, it is hard to control and supervise a substance of these activities The evaluation of the reliability of the information that is hard ... disclosure of securities transactions, the issue of false information and dishonesty On that basis, the participating organizations the stock market and improving accountability, open of information...

Ngày tải lên: 09/01/2014, 12:19

... ignorance and misunderstanding are excusable owing to the novelty and above all the great complexity of the factors at work One of the needs of the time, therefore, is that the public, and their ... be of value to the present members of that body and of interest and profit to its future members It is in the nature of panics to be unforeseen, but the statement may be truly made that some of ... a prominent member of their body who had gone to the office of the President of the bank Clearing House and had been told by him, after consulting with some of his fellow officers, "We concur;...

Ngày tải lên: 15/03/2014, 00:20

... Terms of Reference and the GAW Strategic Plan, and is up-dated in the session of CAS-XIII (Oslo, May 2002) He pointed out the interconnection of long-range transport and climate change and the ... a set of Data Quality Objectives (DQOs) and Standard Operating Procedures (SOPs) for the UV measurements systems Specify the needs and use of UV modelling in GAW Encourage a relationship of satellite ... (ecosystem on land and in the oceans and their interaction with changes in UV fluxes) participate and contribute to the SAGs activities 9.9 Reactivation of the SAGs for Greenhouse Gases and Reactive...

Ngày tải lên: 15/03/2014, 23:20

... current state of the markets for these species in terms of pricing, volume, supply and demand We also discuss trade patterns and market share Forecasts of the prices and volume of future exports ... fisheries off Alaska by month and area, 2003-08 Observer Coverage and Costs 51 Numbers of vessels and plants with observers, observer-deployment days, and estimated observer costs by year and type of ... outputs using estimates of catch, bycatch, ex-vessel prices and value (i.e., revenue), the size and level of activity of the groundfish fleet, and the weight and gross value of (i.e., F.O.B Alaska...

Ngày tải lên: 23/03/2014, 21:20

... the needs of international trade on the one hand, and makes international comparison of commodities and consumptions difficult on the other hand Then, transportation and physical movements of ... The Building Blocks of the Model and the Evolution Paths of the Exchange Rate and the Price 149 8.2 Adjustments of the Exchange Rate and the Price and Overshooting of the Exchange Rate ... amount of € In the final step, demand for £ and supply of € increase, so one needs more € for a certain amount of £ The whole dynamic process indicates that the size of the arbitrage profit will...

Ngày tải lên: 24/03/2014, 04:20

... impact of OIC and ONC to FAIQ of non financial LCs in Vietnam stock exchange The estimated results on EViews software shows the results of the correlation between OIC and ONC to FAIQ of non financial ... information quality; control and control information, the standardizations of FAI, contents of organizing controls of FAI by quantifing of FAIQ of LCs, OIC and ONC to FAIQ of LCs The thesis has given ... state of FAIQ and control of FAIQ of non -financial LCs in the period 2008 - 2012 in HOSE (the List of sub-sectors in 2012) by which assessing the independent audit opinion of FS of non-financial...

Ngày tải lên: 22/07/2014, 20:07

... water quality and yield - a subject of increasing public scrutiny and concern - since a large percent of the state’s water originates at high elevations and flows through the oak woodlands before ... assistance and cooperation of a number of individuals and organizations The staff at the California Department of Forestry LA Moran Reforestation Center were extremely helpful in rearing and maintaining ... 4-month-old seedlings and 1-yearold seedlings This project also examined the effects of trimming the radicles of germinated acorns on seedling morphology and field performance MATERIALS AND METHODS Acorn...

Ngày tải lên: 08/08/2014, 18:21

... their inputs &om thousands of vendors and sell to thousands of customers They face the huge task of sifting through dozens of vendors for each of their inputs and of com­ peting with dozens of ... discount of a few cents per share eBay's subsidiary Half.com runs a copy of Nasdaq for used books, CDs, and videos You can peruse the listings for hundreds of thousands of different titles and choose ... suppliers and neutrals T he Grainger Model: Posted Prices with Blanket Discounts Another segment of B-to-B commerce is the supply of hundreds of thousands of MRO (maintenance, repair, and operations)...

Ngày tải lên: 05/11/2014, 02:10

... as Lado and Postman According to Lado (1957), learners of a second language tend to transfer the forms and meanings and the distribution of forms and meanings of their native language and culture ... Accounting Officer CCO Chief Customer Officer CEO Chief Executive Officer CFO Chief Financial Officer CHRO Chief Human Resources Officer CMO Chief Marketing Officer COO Chief Operating Officer CSO ... analysis of the titles in English and Vietnamese languages and suggests the Vietnamese equivalents of the English titles 3.1 A description of professional titles in management system of American and...

Ngày tải lên: 02/03/2015, 14:29