Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Nick Leeson and Barings
Leeson was the trader who managed to bring about the collapse of Barings Bank in 1995. The main reason he was able to do this was because there was a central weakness in the banks internal controls being a lack of segregation of duties. Leeson was responsible for entire Singapore office (trading, back office and management) and was able to hide huge trading losses in the accounts whilst reporting healthy profits to his superiors in London.
Other weaknesses in the controls lied with his superiors in London who didn't properly interrogate and review the accounts and simply just accepted them for what they showed, and even gave Leeson bonuses for falsified profits in accounts. Furthermore the auditors failed to bring to light these basic weaknesses in internal controls.
Tests for Consistency The consistency of the index numbers have been tested over the years. The most important of these tests are: The time reversal test The
Predicting Cross-Sectional Returns If the market is assumed to be efficient, all securities should lie along the security market line that relates the expected rate of return t
What are the Types of Hedge Funds? Please provide me report on Types of Hedge Funds.
A company has total debt of $1,200 and a debt-equity ratio of 0.5. What will be the value of the total assets?
Describe the Puttable, Convertible, Foreign and Eurobonds. With puttable bonds the release date is under control of the holder (that is the opposed of the callable bond case)
Question 1 Insurance is protection against possible financial loss. Explain life insurance in detail Question 2 Mutual funds are a composite of stocks, bonds, and securities,
how to calculate the net present value when there is company tax rate and rate of return assume that lease is for 2 years payable at the begining of the yr, at the end of two yrs t
Explain how a country can run an overall balance of payments deficit or surplus. Answer: A country can run a whole BOP (balance of payments) deficit or surplus by engaging in th
Segment Margin This is the amount in which a business segment in a company contributes toward the common or indirect cost of the company. Therefore, it represents that segment'
Determine the important ways of financing Financing could be by two ways: debt (loans from different sources such as financial institutions, banks,public etc.) and equity (capi
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +91-977-207-8620
Phone: +91-977-207-8620
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd