|
| |
| | Financial capital - Wikipedia, the free encyclopedia |
 | | When in forms other than money, financial capital may be traded on bond markets or reinsurance markets with varying degrees of trust in the social capital (not just credits) of bond-issuers, insurers, and others who issue and trade in financial instruments. | | | This article focuses mostly on financial instruments which are not uniformly affected by native currency inflation and which are not guaranteed by a state. | | | A variable-rate instrument, such as many consumer mortgages, will reflect the standard rate for deferred payment set by the central bank prime rate, increasing it by some fixed percentage. |
|
http://en.wikipedia.org/wiki/Financial_capital
(816 words)
|
|
| |
| | Financial instruments - Wikipedia, the free encyclopedia |
| | Alternatively they can be categorised by 'asset class' depending on whether they are equity based (reflecting ownership of the issuing entity) or debt based (reflecting a loan the investor has made to the issuing entity). | | | Cash instruments can be divided into securities, which are readily transferable, and other cash instruments such as loans and deposits, where both borrower and lender have to agree on a transfer. | | | Financial instruments package financial capital in readily tradeable forms - they do not exist outside the context of the financial markets. |
|
http://en.wikipedia.org/wiki/Financial_instruments
(230 words)
|
|
| |
| | IAS Plus International Accounting Standards IAS 39, Financial Instruments: Recognition and Measurement |
| | IAS 39 requires that all financial assets and all financial liabilities be recognised on the balance sheet. | | | Financial assets and liabilities that are designated as a hedged item or hedging instrument are subject to measurement under the hedge accounting requirements of the IAS 39. | | | Financial liabilities that arise when a transfer of a financial asset does not qualify for derecognition, or that are accounted for using the continuing-involvement method, are subject to particular measurement requirements. |
|
http://www.iasplus.com/standard/ias39.htm
(6090 words)
|
|
| |
| | Accounting and Reporting for Financial Instruments: International Developments |
| | Financial assets and financial liabilities may be reported net in the balance sheet when a current legal right of set-off is present and the company intends either to settle the instruments on a net basis or to realize the asset and settle the liability simultaneously. | | | Among the issues it addresses are the recognition and derecognition of financial assets and financial liabilities, the accounting for derivative transactions and hedges, and the impairment of financial assets. | | | Because it addresses recognition and measurement of all financial assets and financial liabilities, IAS 39 is a complex document. |
|
http://www.nysscpa.org/cpajournal/2005/205/essentials/p30.htm
(2252 words)
|
|
| |
| | FRBSF: Economic Letter - Financial Instruments for Mitigating Credit Risk (11/23/2001) |
| | These financial instruments are used to manage a lender's credit risk, which is the risk that a borrower will default on a debt obligation. | | | Credit risk is defined as the risk that the value of a loan (or more generally, a stream of debt payments) will decrease due to a change in the borrower's ability to make payments, whether that change is an actual default or a change in the borrower's probability of default. | | | Credit risk is present in every financial transaction that includes credit extension, such as purchasing debt securities, making loans, or establishing trade financing. |
|
http://www.frbsf.org/publications/economics/letter/2001/el2001-34.html
(1780 words)
|
|
| |
| | The financial instruments project marches on. (undertaken by the Financial Accounting Standards Board) |
| | SFAS 107 requires disclosures for all financial instruments whether recorded or unrecorded, financial assets or financial liabilities. | | | Certain financial instruments are excluded from the disclosure requirements of SFAS 107 and are presented in Exhibit 1. | | | Some of these instruments are financial assets - for example, the investment in stock of another company - whereas others are financial liabilities - for example, a mortgage payable. |
|
http://www.nysscpa.org/cpajournal/old/12826667.htm
(3118 words)
|
|
| |
| | FASB: Elective Fair Value of Financial Instruments |
| | The cash receipts and cash payments for those financial assets and financial liabilities should be classified pursuant to Statement 95 (as amended) based on the nature and purpose for which the related financial assets and financial liabilities were acquired or incurred. | | | The Board decided to specifically exclude those financial assets and financial liabilities from the scope of this proposed Statement, as the Board believes that any modifications to the accounting for such financial assets and financial liabilities should be part of a reconsideration of those areas and should not be affected by the fair value option. | | | Cash receipts and cash payments related to financial assets and financial liabilities for which the FVO has been elected should not be required to be classified as operating activities in the statement of cash flows. |
|
http://www.fasb.org/project/fv_option.shtml
(3395 words)
|
|
| |
| | Accounting Disclosure About Derivative Financial Instruments |
| | All financial assets and liabilities should be recorded at "fair value", i.e. | | | By transacting in exchange-traded instruments (such as futures and options) and "over-the-counter vehicles" (such as swaps, forwards, and other customized instruments), market participants are able to transform their risk exposures in anticipation of movements in interest rates, (currency) exchange rates, indices of stock prices or groups of commodities, and the prices of numerous specific commodities. | | | Unfortunately, current external reporting requirements for financial assets and liabilities and for derivatives are incomplete and inconsistent. |
|
http://www.stanford.edu/~wfsharpe/art/fer/fer95b.htm
(455 words)
|
|
| |
| | FASB: Summary of Statement 150 |
| | It requires that an issuer classify a financial instrument that is within its scope as a liability (or an asset in some circumstances). | | | Other financial instruments within the scope of this Statement are initially and subsequently measured at fair value, unless required by this Statement or other generally accepted accounting principles to be measured differently. | | | A financial instrument issued in the form of shares that is mandatorily redeemable—that embodies an unconditional obligation requiring the issuer to redeem it by transferring its assets at a specified or determinable date (or dates) or upon an event that is certain to occur |
|
http://www.fasb.org/st/summary/stsum150.shtml
(1077 words)
|
|
| |
| | Financial Instruments and Markets - Printable; Harvard Business School Executive Education Program |
| | Financial instruments are being used by firms to accomplish business objectives and increase shareholder value. | | | Financial Instruments and Markets addresses these growing needs by showing corporate managers how financial instruments can be used effectively to run their businesses more profitably. | | | As the financial markets have broadened and deepened over the past two decades, increasing numbers of firms are utilizing innovative financial instruments to accomplish business objectives and enhance shareholder value. |
|
http://www.exed.hbs.edu/programs/fim/print.html
(1975 words)
|
|
| |
| | International Accounting Standards Board (IASB) Agenda: IAS 39 Reconsideration After 2004 |
| | For this purpose, financial instruments include not only debt securities, equity securities, and derivatives, but also loans and accounts payable or receivable, and almost any other amount payable or receivable. | | | On 6 March 2006, the IASB and the US FASB jointly requested input from users of financial statements about the kinds of information about fair values of financial instruments, and changes in those fair values, that is useful to those making investment or credit decisions or advising others on investment or credit decisions. | | | Board members stressed that this document would not seek to advocate (or otherwise) the extension of fair value measurement to assets and liabilities that are not 'financial instruments' as defined. |
|
http://www.iasplus.com/agenda/ias39rev3.htm
(2616 words)
|
|
| |
| | Financial Instruments |
| | While PSAB works to develop public sector standards on financial instruments, governments and government organizations preparing their summary financial statements in accordance with the recommendations contained in the PSA Handbook are encouraged to continue to develop and refine disclosures of information about financial instruments. | | | Derivative financial instruments are increasingly being used by governments to manage other financial exposures such as interest rate exposures. | | | Given the complexity of many financial instrument derivative contracts, a primary objective of the project will be to craft standards that will make reporting by governments on the use of financial instrument derivatives as transparent and understandable as possible. |
|
http://www.icca.ca/index.cfm/ci_id/15513/la_id/1.htm
(684 words)
|
|
| |
| | Stock Exchange - MSN Encarta |
| | Dealers earn income by selling a financial instrument at a price that is greater than the price the dealer paid for the instrument. | | | Stock Exchange, organized market for buying and selling financial instruments known as securities, which include stocks, bonds, options, and futures. | | | These dealer-brokers sometimes act purely as a client’s agent and at other times buy and sell from their own inventory of financial assets. |
|
http://encarta.msn.com/encyclopedia_761560145/Stock_Exchange.html
(1598 words)
|
|
| |
| | New IASC Proposals on Financial Instruments |
| | IASC is proposing that all financial assets and financial liabilities must be recognised on the balance sheet, including all derivatives. | | | Additionally, many companies measure financial assets at amortised cost even though there are reliable quoted market prices, those prices differ widely from amortised cost, and the assets are readily available for sale. | | | For a cash flow hedge of an existing asset or liability or a forecasted transaction, the gain or loss on the hedging instrument is reported directly in equity until the hedged transaction affects net profit or loss. |
|
http://aaahq.org/newsarc/pr062898.htm
(1217 words)
|
|
| |
| | IFRS : Financial instruments : Hedge accounting |
| | Changes in fair value of the hedging instrument, to the extent the hedge is effective, are deferred in a ‘hedging reserve’ in equity [IAS39.158(a)] [IAS1.86(b)] and recycled to the income statement when the hedged transaction affects the income statement [IAS39.162]. | | | Classification and measurement of financial assets and derivative financial instruments | | | Classification, measurement and derecognition of financial liabilities for banks |
|
http://www.pwc.com/Extweb/service.nsf/docid/7FD030D72B62370580256C7C00553318
(2429 words)
|
|
| |
| | Islamic Financial Systems - Finance & Development - June 1997 |
| | Whereas the conventional financial system focuses primarily on the economic and financial aspects of transactions, the Islamic system places equal emphasis on the ethical, moral, social, and religious dimensions, to enhance equality and fairness for the good of society as a whole. | | | The Islamic financial system is founded on the absolute prohibition of the payment or receipt of any predetermined, guaranteed rate of return. | | | One of the most widely used instruments for short-term financing is based on the traditional notion of purchase finance. |
|
http://www.worldbank.org/fandd/english/0697/articles/0140697.htm
(3154 words)
|
|
| |
| | Hybrid Financial Instruments |
| | Because financial products are experience goods, it may be that customers will tend to purchase new instruments and services chiefly from firms that have a reputation for initiating techniques of sound legality and predictable risk. | | | Hybrid instruments, we have seen, are widely used by corporations and banks in financing. | | | For example, some instruments' value varies with market interest rates, so that they are bond-like; others are affected by the condition of the issuing company, so that they are more equity-like. |
|
http://giddy.org/dbs/structured/gfmch17.htm
(12391 words)
|
|
| |
| | FINANCIAL INSTRUMENTS |
| | Financial information on sales, assets, liabilities, and earnings is supplemented with the text of the Management Discussion from the 10K and the President's Letter from the annual report. | | | Locating and interpreting both current and historical information about various financial instruments such as stocks, bonds, and mutual funds is an important component of the process of conducting company and industry-related research. | | | This is the source for real-time broker research and quantitative data serving the global financial community. |
|
http://www.hofstra.edu/Libraries/Axinn/axinn_instructions_busres_finanres.cfm
(7000 words)
|
|
| |
| | Note 28: Derivatives and Other Financial Instruments |
| | Although these instruments are considered to be derivatives, their economic risk is similar to, and managed on the same basis as, other equity instruments we hold. | | | Assets and liabilities that are reflected in the accompanying financial statements at fair value are not included in the above disclosures; such items include cash and equivalents, investment securities, separate accounts and derivative financial instruments. | | | These instruments permit us to eliminate the cash flow variability, in local currency, of costs or selling prices denominated in currencies other than the functional currency. |
|
http://www.ge.com/ar2004/note_28.jsp
(1871 words)
|
|
| |
| | Financial Instruments |
| | However, the presentation requirements are being considered as part of a separate project on liabilities and equity. | | | They apply to financial instruments such as accounts receivable, accounts payable and debt, as well as to investments and derivatives. | | | The AcSB used the improved version of International Accounting Standard 39, Financial Instruments: Recognition and Measurement (IAS 39), which itself was developed from FAS 115 and FAS 133, to facilitate the development of the Canadian standards. |
|
http://www.acsbcanada.org/index.cfm/ci_id/1580/la_id/1.htm
(898 words)
|
|
| |
| | Understanding Financial Markets & Instruments |
| | New developments in the Financial Markets are incorporated in updates (see index) of this book and can be obtained from The Academy of Financial Markets. | | | Courses and training in Financial Markets, Instruments, Investments and Derivatives are supplied by the Academy of Financial Markets. | | | From personal contact with people and institutions in the financial markets over the past few years, I have come the realisation that a lack of basic knowledge about the markets exists. |
|
http://www.eagletraders.com/books/afm/afm_preface.htm
(324 words)
|
|
| |
| | FASB Issues Exposure Drafts on Accounting for Financial Assets & Instruments - 12 Aug 2005 |
| | The proposed Statement seeks to clarify the derecognition requirements for financial assets that were developed initially in FASB Statement No. 125, Accounting for Transfers and Servicing of Financial Assets and Extinguishments of Liabilities and revised in Statement 140. | | | Establish a requirement to evaluate beneficial interests in securitized financial assets to identify interests that are freestanding derivatives or that are hybrid financial instruments that contain an embedded derivative requiring bifurcation | | | AccountingWEB.com - Aug-12-2005 - The Financial Accounting Standards Board, on Thursday, issued a revised Exposure Draft, Accounting for Transfers of Financial Assets, Accounting for Servicing of Financial Assets and Accounting for Certain Hybrid Financial Instruments. |
|
http://www.accountingweb.com/cgi-bin/item.cgi?id=101195
(589 words)
|
|
| |
| | Markets in Financial Instruments Directive |
| | The requirements are likely to cover compliance arrangements, internal systems and controls, outsourcing, record-keeping, management of conflicts of interest, and safeguarding of client financial instruments or money held by firms. | | | MiFID extends the coverage of the current ISD regime and introduces new and more extensive requirements to which firms will have to adapt, in particular in relation to their conduct of business and internal organisation. | | | While MiFID requirements will shift the reporting emphasis to the competent authority of the home/host state of firms and not to the competent authority of the regulated markets on which the instrument is traded. |
|
http://www.fsa.gov.uk/Pages/About/What/International/EU/fsap/mifid/index.shtml
(1438 words)
|
|
| |
| | KGS Financial Derivatives Consulting |
| | Established in 2000, KGS Financial, Inc. mission is to become the premier executive, management, financial and derivatives consulting firm in the world. | | | When specialized personnel are required usually on short notice, KGS Financial can help you via financial outsourcing of our talented professionals for engagements of various lengths so that your business operations can proceed without interruption. | | | Provide an assessment of your firms' operational infrastructure, test for certain limitations and inconsistencies in internal controls and procedures, assist with training and staffing needs and convert past due and uncollected accounts receivables into cash. |
|
http://www.kgsfinancial.com
(347 words)
|
|
| |
| | HedgeStreet |
| | S/he will be the expert on various products/financial markets, staying abreast of new revenue-generating instruments that will allow the company to maximize its growth through increasing active member accounts. | | | HedgeStreet, Inc., an innovative start-up in the financial sector, has an opening for a Public Relations Manager. | | | The Director of Product Strategy will be responsible for identifying, defining, developing and supporting new low-cost, fixed-risk financial instruments traded exclusively on HedgeStreet. |
|
http://www.hedgestreet.com/abouthedgestreet/careers.html
(1017 words)
|
|
| |
| | Personal Finance Reviews |
| | Amazing insight for those who are financially challenged or not business majors, particularly. | | | How about some discussion of the different ways different types of businesses are run, and how this is reflected in their financial statements? | | | Rich Dad, poor dad is for those of us who want to be fianancially independant millionaires, and can manage risk. |
|
http://www.e-book-store.com/Business_Money/Personal_Finance/Personal_Finance...
(6436 words)
|
|
| |
| | Financial Markets, Institutions & Instruments - Journal Information |
| | Each issue is devoted to a single topic, which is examined in depth, and a special fifth issue is published annually highlighting the most significant developments in money and banking, derivative securities, corporate finance, and fixed-income securities. | | | Financial Markets, Institutions and Instruments bridges the gap between the academic and professional finance communities. | | | The Impact of the Euro on Europe's Financial Markets |
|
http://www.blackwellpublishing.com/journal.asp?ref=0963-8008
(235 words)
|
|
| |
| | Financial Glossary |
| | The service is a co-operative effort of Axone Services and Developpement SA and Viel Tradition Group. | | | This glossary with over 5000 financial terms in English, German, French and Italian can be used free of charge for non-commercial use on a query-by-query basis. |
|
http://tradition.axone.ch
(94 words)
|
|
|
