ACCOUNTING FOR GOODWILL: A CRITICAL EVALUATION
... Since the earliest writings on goodwill, as far back as 1 884, accountants, lawyers and others have tried to define goodwill, explain what the nature of goodwill is and suggested methods for treating goodwill in the accounts of undertakings. Agreement as to the true nature of goodwill seems to be on ...
... Since the earliest writings on goodwill, as far back as 1 884, accountants, lawyers and others have tried to define goodwill, explain what the nature of goodwill is and suggested methods for treating goodwill in the accounts of undertakings. Agreement as to the true nature of goodwill seems to be on ...
A Theory of Repurchase Agreements, Collateral Re-use
... addition, we account for the possible re-use of collateral in repos by showing its benefits. To derive the equilibrium repo contract, we follow the competitive approach of Geanakoplos (1996), Araújo et al. (2000), and Geanakoplos and Zame (2014) where the properties of the collateralized promises t ...
... addition, we account for the possible re-use of collateral in repos by showing its benefits. To derive the equilibrium repo contract, we follow the competitive approach of Geanakoplos (1996), Araújo et al. (2000), and Geanakoplos and Zame (2014) where the properties of the collateralized promises t ...
banco de crédito social cooperativo, sa, and its subsidiaries
... cash flows for the year then ended in accordance with International Financial Reporting Standards, as adopted by the European Union, and other provisions of the financial reporting framework applicable in Spain. Report on Other Legal and Regulatory Requirements The accompanying consolidated director ...
... cash flows for the year then ended in accordance with International Financial Reporting Standards, as adopted by the European Union, and other provisions of the financial reporting framework applicable in Spain. Report on Other Legal and Regulatory Requirements The accompanying consolidated director ...
Endogenous Liquidity and Contagion
... valuations of agents in the absence of trading and the larger the desired amounts of trade. In the extreme case where all agents have the same no-trade valuations, there are no gains from trade to be realized—trading volume is zero and markets can be deemed to be completely illiquid. For example, a ...
... valuations of agents in the absence of trading and the larger the desired amounts of trade. In the extreme case where all agents have the same no-trade valuations, there are no gains from trade to be realized—trading volume is zero and markets can be deemed to be completely illiquid. For example, a ...
Conservatism in Accounting
... firm use accounting numbers to reduce agency costs associated with the firm (see Watts and Zimmerman, 1986). Those contracts include contracts between the firm and holders of the firm’s debt (debt contracts), management compensation contracts, employment contracts, and cost-plus sales contracts. Con ...
... firm use accounting numbers to reduce agency costs associated with the firm (see Watts and Zimmerman, 1986). Those contracts include contracts between the firm and holders of the firm’s debt (debt contracts), management compensation contracts, employment contracts, and cost-plus sales contracts. Con ...
Ashmore Emerging Markets Liquid Investment Portfolio Ashmore
... The contents of this publication comprise the Annual Report and Accounts of three Ashmore Funds registered in Guernsey, Channel Islands and which have been constituted as Unit Trusts that feed into cells of Asset Holder PCC Limited. Further technical information is set out in the Notes to the Accoun ...
... The contents of this publication comprise the Annual Report and Accounts of three Ashmore Funds registered in Guernsey, Channel Islands and which have been constituted as Unit Trusts that feed into cells of Asset Holder PCC Limited. Further technical information is set out in the Notes to the Accoun ...
International asset recovery
International asset recovery is any effort by governments to repatriate the proceeds of corruption hidden in foreign jurisdictions. Such assets may include monies in bank accounts, real estate, vehicles, arts and artifacts, and precious metals. As defined under the United Nations Convention against Corruption, asset recovery refers to recovering the proceeds of corruption, rather than broader terms such as asset confiscation or asset forfeiture which refer to recovering the proceeds or instrumentalities of crime in general.Often used to emphasize the ‘multi-jurisdictional’ or ‘cross-border’ aspects of a corruption investigation, international asset recovery includes numerous processes such as the tracing, freezing, confiscation, and repatriation of proceeds stored in foreign jurisdictions, thus ""making it one of the most complex projects in the field of law"". Even considering the difficulties present, Africa specialist Daniel Scher counters that international asset recovery's ""potential rewards in developing countries make it a highly attractive undertaking"".Despite domestic legislation in some countries allowing for the confiscation and forfeiture of proceeds of corruption, it is improvements in finance, transportation, and communications technologies in the 20th century that have made it easier for corrupt leaders and other “Politically Exposed Persons’ to conceal massive amounts of stolen wealth in offshore financial centers.By taking advantage of differences in legal systems, the high costs in coordinating investigations, lack of international cooperation, and bank secrecy in some recipient countries, corrupt officials have been able to preserve much of their loot overseas.