Models for Evaluating the Effectiveness of Internal Controls
... implementation of Sections 404 and 302(a). This paper develops and illustrates a framework that may be used in such an implementation. Throughout the post-SOX era, both auditors and their clients have been concerned with the provision of an effective and efficient evaluation of ICoFR. However, in th ...
... implementation of Sections 404 and 302(a). This paper develops and illustrates a framework that may be used in such an implementation. Throughout the post-SOX era, both auditors and their clients have been concerned with the provision of an effective and efficient evaluation of ICoFR. However, in th ...
Risks in Hedge Fund Strategies: Case of Convertible Arbitrage
... likely to be found via the interest rate and volatility channels. The credit arbitrage factor, PCASc, does not appear to apply to the Japanese CB market. Why doesn’t credit risk offer much exploitable arbitrage opportunities in Japan? We believe there are three possible reasons. The first one relate ...
... likely to be found via the interest rate and volatility channels. The credit arbitrage factor, PCASc, does not appear to apply to the Japanese CB market. Why doesn’t credit risk offer much exploitable arbitrage opportunities in Japan? We believe there are three possible reasons. The first one relate ...
FORM 10-Q - Investor Overview
... Litigation Reform Act of 1995. In some cases, you can identify these statements by forward-looking terms such as “may,” “might,” “will,” “would,” “could,” “should,” “expect,” “plan,” “anticipate,” “believe,” “estimate,” “predict,” “project,” “possible,” “potential,” “intend,” “seek” or “continue,” t ...
... Litigation Reform Act of 1995. In some cases, you can identify these statements by forward-looking terms such as “may,” “might,” “will,” “would,” “could,” “should,” “expect,” “plan,” “anticipate,” “believe,” “estimate,” “predict,” “project,” “possible,” “potential,” “intend,” “seek” or “continue,” t ...
Meeting Financial Goals—Rate of Return
... 17. After each round, each group should record its rate of return (4 percent, 8 percent, or 12 percent) and then return the item to the bag. 18. Conduct Round 1—have each group draw an item and record its result. Repeat for the remaining 9 rounds. 19. Explain that these 10 rates represent the 10-yea ...
... 17. After each round, each group should record its rate of return (4 percent, 8 percent, or 12 percent) and then return the item to the bag. 18. Conduct Round 1—have each group draw an item and record its result. Repeat for the remaining 9 rounds. 19. Explain that these 10 rates represent the 10-yea ...
Private Equity Portfolio Company fees
... Management and Advisory Fees. Does not look like a dying thing. • This fees were equally high 20 years ago. Even if that was to stop, would be good to know what happened and why it could stay for so long. • At present, move to 100% refund to LPs, but companies would still be charged. • It is a sizea ...
... Management and Advisory Fees. Does not look like a dying thing. • This fees were equally high 20 years ago. Even if that was to stop, would be good to know what happened and why it could stay for so long. • At present, move to 100% refund to LPs, but companies would still be charged. • It is a sizea ...
2012-049 - unu
... and Hamilton, 1993; Kogut and Zander, 2003; Kuemmerle, 1999). Yet, several questions are still open to debate. For example, researchers have not yet fully discussed whether some differences exist in the drivers of success (or failure) of international entry in the case of emerging vis-à-vis develope ...
... and Hamilton, 1993; Kogut and Zander, 2003; Kuemmerle, 1999). Yet, several questions are still open to debate. For example, researchers have not yet fully discussed whether some differences exist in the drivers of success (or failure) of international entry in the case of emerging vis-à-vis develope ...
The Timely Case for Quality and Value Stocks
... These materials are confidential, are intended solely for the information of the person to whom it was intended and may not be republished or redistributed, in whole or in part, to any third parties. Past performance is no guarantee of future results and every investment may lose money. The performa ...
... These materials are confidential, are intended solely for the information of the person to whom it was intended and may not be republished or redistributed, in whole or in part, to any third parties. Past performance is no guarantee of future results and every investment may lose money. The performa ...
Understanding ETF Liquidity and Trading
... time. With market orders, execution may be faster, but the investor has limited control over the execution price. While a large number of transactions are executed using limit or market orders, investors often find their order is larger than the quoted market. There may be “hidden” liquidity within ...
... time. With market orders, execution may be faster, but the investor has limited control over the execution price. While a large number of transactions are executed using limit or market orders, investors often find their order is larger than the quoted market. There may be “hidden” liquidity within ...
ratios
... Measured how much of every sales unit generated during the period is profit A rising net profit margin signals more efficient management of sales and expenses Differences among industries result form the nature of the products or services and the intensity of competition (example) Financial analyst ...
... Measured how much of every sales unit generated during the period is profit A rising net profit margin signals more efficient management of sales and expenses Differences among industries result form the nature of the products or services and the intensity of competition (example) Financial analyst ...
A Closer Look at the Virtues of Dividend-Paying
... significantly higher than non-dividend payers. For example, in the small-cap universe, dividend payers have compounded money at over 500 basis points higher than nondividend payers, creating more than four times the amount of dollar value. Why are these stocks often overlooked? One reason might be t ...
... significantly higher than non-dividend payers. For example, in the small-cap universe, dividend payers have compounded money at over 500 basis points higher than nondividend payers, creating more than four times the amount of dollar value. Why are these stocks often overlooked? One reason might be t ...
Collateral-Motivated Financial Innovation
... To understand these issues, first consider a benchmark case without collateral frictions. In this case, if an investor defaults on his promise (e.g., debt or a short position in an Arrow security), his counterparty can seize the collateral the investor has posted for the trade and the defaulting inve ...
... To understand these issues, first consider a benchmark case without collateral frictions. In this case, if an investor defaults on his promise (e.g., debt or a short position in an Arrow security), his counterparty can seize the collateral the investor has posted for the trade and the defaulting inve ...
Dividend Increase Announcements and Stock Market Reaction
... the capital gains, he found that dividends work as a signal of future cash flows. Miller and Rock (1985), in their paper on dividend policy under asymmetric information, found that firms use information which is not known by the outside investors such as dividend or earnings announcements as a tool ...
... the capital gains, he found that dividends work as a signal of future cash flows. Miller and Rock (1985), in their paper on dividend policy under asymmetric information, found that firms use information which is not known by the outside investors such as dividend or earnings announcements as a tool ...
Document
... 'Return on equity' ('ROE') measures the rate of return on the ownership interest (shareholders' equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE shows how well ...
... 'Return on equity' ('ROE') measures the rate of return on the ownership interest (shareholders' equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE shows how well ...
LEGAL REGULATIONS Accounting in the public sector EV Kalyuha
... Ukrainian standards of accounting and reporting in general conformity for IPSAS and structure, the use of which is relevant and will bring significant benefits and advantages to users reporting. In some cases, the association made one IPSAS standard and excluded certain standards for the application ...
... Ukrainian standards of accounting and reporting in general conformity for IPSAS and structure, the use of which is relevant and will bring significant benefits and advantages to users reporting. In some cases, the association made one IPSAS standard and excluded certain standards for the application ...
The Green Investment Report The ways and means to unlock private
... temperature increase of at least 4°C above pre-industrial levels, bringing further extreme heat-waves, hurricanes and lifethreatening rises in sea levels. Natural resource productivity is not increasing quickly enough to stem the depletion of critical resources, notably water and forests. Soil erosi ...
... temperature increase of at least 4°C above pre-industrial levels, bringing further extreme heat-waves, hurricanes and lifethreatening rises in sea levels. Natural resource productivity is not increasing quickly enough to stem the depletion of critical resources, notably water and forests. Soil erosi ...
Tilburg University Model uncertainty and
... of BMA, we use an index of the 50 largest BHCs. In subsequent parts, we use various alternative indices (such as large, systemically important BHCs). We cover most of the candidate risk factors that have been previously used in the literature, but also introduce some risk factors that have received ...
... of BMA, we use an index of the 50 largest BHCs. In subsequent parts, we use various alternative indices (such as large, systemically important BHCs). We cover most of the candidate risk factors that have been previously used in the literature, but also introduce some risk factors that have received ...
effects of working capital management on financial
... Brigham and Ehrhardt (2012) explained that firms hold cash for transaction, precautionary purposes and compensation to the banks for providing loan and services. Brigham and Ehrhardt (2012) explained that Cash conversion cycles (CCC) focuses on the length of time between when the company makes payme ...
... Brigham and Ehrhardt (2012) explained that firms hold cash for transaction, precautionary purposes and compensation to the banks for providing loan and services. Brigham and Ehrhardt (2012) explained that Cash conversion cycles (CCC) focuses on the length of time between when the company makes payme ...
Obstfeld Working Paper No. 1692
... international capital mobility can in fact be made from the tests. The pres ence of default risk indicates t hat the reasoning leading to (3) or (5) is not valid when ap plied to Eur ocurrency rates. The use ...
... international capital mobility can in fact be made from the tests. The pres ence of default risk indicates t hat the reasoning leading to (3) or (5) is not valid when ap plied to Eur ocurrency rates. The use ...
AUDIT INSIGHTS MANUfAcTUrING BUSINESS WITH coNfIdENcE icaew.com/auditinsights
... fast. Ongoing research and development are vital, especially investment in new machinery and skilled people to keep the business’s competitive edge. Many UK manufacturing companies now use expensive, high-tech machines that can soon easily become obsolete as new versions of the machine are produced. ...
... fast. Ongoing research and development are vital, especially investment in new machinery and skilled people to keep the business’s competitive edge. Many UK manufacturing companies now use expensive, high-tech machines that can soon easily become obsolete as new versions of the machine are produced. ...
Classification of Financial Assets and Liabilities
... 4.12. Monetary gold is gold to which the monetary authorities (or others who are subject to the effective control of the monetary authorities) have title and is held as a reserve asset as defined in BPM6 (paragraphs 6.64–92). It comprises gold bullion (including gold held in allocated gold accounts5 ...
... 4.12. Monetary gold is gold to which the monetary authorities (or others who are subject to the effective control of the monetary authorities) have title and is held as a reserve asset as defined in BPM6 (paragraphs 6.64–92). It comprises gold bullion (including gold held in allocated gold accounts5 ...
strategy analysis and choice - MEST Journal
... rewarded key trusts that succeeded. They assigned responsibility for major new thrusts to champions, the individuals most strongly identified with idea or product and whose futures were linked to its success. They stayed alert to the symbolic impact of their own action and statements so as not to se ...
... rewarded key trusts that succeeded. They assigned responsibility for major new thrusts to champions, the individuals most strongly identified with idea or product and whose futures were linked to its success. They stayed alert to the symbolic impact of their own action and statements so as not to se ...
Shareholder Assessment of Bond Fund Risk Ratings
... the Institute’s view that NASDR’s policy on bond fund risk ratings should turn on whether or not they will help or hurt investors in making sound investment decisions, the Institute also advised NASDR that it would conduct empirical research into how well investors understand such ratings, how inves ...
... the Institute’s view that NASDR’s policy on bond fund risk ratings should turn on whether or not they will help or hurt investors in making sound investment decisions, the Institute also advised NASDR that it would conduct empirical research into how well investors understand such ratings, how inves ...