Reference no: EM131200622
Risk Management-Project
For this phase of the course project, you will conduct additional research for Bank of America. Write the next section of your risk management plan in which you discuss the key people responsible for mitigating risk at the bank. Be sure to include corporate governance, the impact of the Sarbanes-Oxley Act, and asset-liability management in your discussion. In this paper, please address the following questions:
• Who are the members of the board of directors and what is the significance of their role at the bank?
• Who are the members of the executive committee or team, specifically the President, CEO, and CFO and what are their responsibilities? What makes them qualified for their positions?
• How has the Sarbanes-Oxley Act and other legislation impacted financial reporting for the bank?
• How is asset-liability management handled at the bank and by whom? Be sure to include a brief description of how risks to liquidity, interest rates, currency, funding of capital projects, and planning for profit and growth are mitigated.
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What is the present value
: Your company has just sold a piece of property for $500,000, but under the sales agreement, it won't receive the $500,000 until ten years from today. What is the present value of $500,000 to be received ten years from today if the discount rate is..
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Create a list of at least three potential suppliers
: In 1-2 pages, create a list of at least three potential suppliers and describe what they would do for your company (preferably using real-life suppliers, but you may use fictitious names if you can't locate an existing company that supplies that m..
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Demand for car rentals
: A car rental firm is currently renting 800 cars per year. How many cars will the firm be renting in 10 years if the demand for car rentals is expected to increase by 7% per year?
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Charge of managing your company
: You are put in charge of managing your company's working capital. Your company has $1,000, 000 in extra cash on hand and decides to put it in a savings account paying 7% interest compounded annually. How much will you have in your account in 10 ye..
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Who are the members of the executive committee or team
: Who are the members of the executive committee or team, specifically the President, CEO, and CFO and what are their responsibilities? What makes them qualified for their positions?
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Compute the total head piezometric head and pressure head
: Assume the datum is at the bottom of the silty sand layer. Plot gradient versus depth of piling and extrapo-late to find the exit gradient.
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Why is financial management essential to the success
: Financial Management- Why is financial management essential to the success of a company? What can potentially happen if the cash flow is not properly managed?
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How the selected organization could become more ethical
: Recommendations for how the selected organization could become more ethical and socially aware. Challenges that may be encountered in implementing your recommendations and how you would overcome them.
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Decisions that result in cash flow and price effects
: What are the ethical considerations that might impact decisions that result in cash flow and price effects that are less than they might otherwise be?
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