classification of financial instruments ppt

... Trang 15Table IV Risk-Adjusted Costs of Financial DistressThis table reports our estimates of the NPV of the costs of financial distress expressed as a centage of predistress firm value, calculated ... this range to compare tax benefits of debt and costs of financialdistress The second column of Table IV presents our estimates of the risk-adjustedcost of financial distress for different bond ... 0,tis the time-0 price of a riskless zero-coupon bond paying one dollar at date t Equation (5) gives the ex-ante value of financial distress as a function of the term structure of distress probabilities

Ngày tải lên: 23/03/2014, 02:20

... the content of these instruments to determine how participation has been operationalized The purpose of this study was to compare the content of participation instruments using the ICF classification ... Content of the Participation Instruments Although all the instruments cover six to eight of the nine activities and participation domains, there are differences in the actual content All of the instruments ... compare the content of both generic and disease-specific instruments [9,10] The purpose of this study was to build on the work by Perenboom and Chorus [2] and examine the content of instruments measuring

Ngày tải lên: 18/06/2014, 19:20

... report of our financial audit of the Department of Public Safety, State of Hawaiÿi The audit was conducted by the Office of the Auditor and the independent certified public accounting firm of KPMG ... Department of Public Safety Report No 06-05, August 2006 Summary  The Office of the Auditor and the certified public accounting firm of KPMG LLP conducted a financial audit of the Department of Public ... conducts the following types of examinations: 1. Financial audits attest to the fairness of the financial statements of agencies They examine the adequacy of the financial records and accounting

Ngày tải lên: 18/06/2014, 20:20

... assertions of management in the financial statements Similar issues were communicated to the department in our fiscal year 2001 financial audit Report No 02-10, Financial Audit of the Department of Public ... assistance in the rehabilitation of all persons incarcerated by the courts or otherwise subject to confinement based on an alleged commitment of a criminal offense. The Office of the Deputy Director for ... victims of certain crimes by compensating them for medical expenses, loss of earning power, pain and suffering, and other financial losses that were the direct result of injury or death of the

Ngày tải lên: 18/06/2014, 20:20

... version www.adultpdf.com Trang 10Chapter 3 Financial Audit This chapter presents the results of the financial audit of the Department of Public Safety as of and for the year ended June 30, 2005 ... Record, is the official basis for the determination of vacation and sick leave accruals at fiscal year end and for employee retirement credits upon separation of service The form tracks all of the employee’s ... patterns of sick leave abuse subject to investigation This could be accomplished by reducing the number of required occurrences of sick leave abuse indicators, terminating the policy of considering

Ngày tải lên: 18/06/2014, 20:20

... inventory system as of June 30, 2004 These capital assets had a carrying value of $4,354,152, net of accumulated depreciation of $1,611,489 at June 30, 2004 The recording of these assets resulted ... Interfund Transactions Significant transfers of financial resources between activities included within the same fund are offset within that fund Transfers of revenues from funds authorized to receive ... end of the fiscal year State allotted appropriations reported in the accompanying statement of activities and statement of revenues, expenditures, and changes in fund balances are shown net of

Ngày tải lên: 18/06/2014, 20:20

... 2Comments on Agency Response Response of the Affected Agency We transmitted a draft of this report to the Department of Public Safety on July 5, 2006 A copy of the transmittal letter to the department ... department having over a year to address such issues since the close of the fiscal year June 30, 2005 It is because of this length of time that we find it necessary to note that throughout the audit ... appear to fall under the category of “staffing limitations,” including active military duty for personnel, gender specificity of some posts, and assignment of personnel to inmate transport or

Ngày tải lên: 18/06/2014, 20:20

... University’s financial statements consist of the following three statements: Statement of Net Assets, Statement of Revenues, Expenses and Changes in Net Assets, and Statement of Cash Flows A discussion of ... endowed funds managed on behalf of the University, reported a negative return of 19.7% The magnitude of the investment loss pushed the value of a material portion of the UM Foundation-held endowments ... counting” this revenue and expense STATEMENT OF NET ASSETS The Statement of Net Assets reflects the financial position of the University at the end of the fiscal year The changes in net assets

Ngày tải lên: 18/06/2014, 20:20

... measure of signal spread ○ Skewness: measure of the asymmetry of signal values around its mean relative to a normal distribution ○ Kurtosis: measure of the degree of peakedness of a distribution of ... classification of single trials derived from a novel developed wireless fNIRS instrument [3] 1.1 Single-trial classification of fNIRS data Previous studies investigating single-trial classifications of fNIRS ... corresponding to ‘yes’ and ‘no’ in response to a series of questions An average offline classification accuracy of 80% was achieved in 40% of the locked-in participants using maximum and meanΔ[O2Hb]

Ngày tải lên: 19/06/2014, 08:20

... Trang 1City of Altus, Oklahoma Report on Audit of Financial Statements June 30, 2007 This is trial version www.adultpdf.com Trang 2i City of Altus, Oklahoma Report on Audit of Financial Statements ... Statements June 30, 2007 Table of Contents Financial Section Basic Financial Statements Statement of Revenues, Expenditures, and Changes in Reconciliation of the Statement of Revenues, Expenditures, ... Trang 3City of Altus, Oklahoma Report on Audit of Financial Statements June 30, 2007 Table of Contents (continued) Statement of Revenues, Expenditures, and Changes in Fund Explanation of Differences

Ngày tải lên: 19/06/2014, 11:20

... and Our Evaluation We requested comments on a draft of this letter from the Mayor of the District of Columbia The District’s Chief Financial Officer (CFO) provided us with written comments that ... and integrated software/hardware system modifications and (2) an independent systems administrator will work closely with the Department of Public Works’ Director of the Office of Information ... cost reclassification adjustment and the subsequent collection of $1.7 million of construction engineering cost overruns from FHWA and stated that the District had provided all but 6 of the 500

Ngày tải lên: 19/06/2014, 15:20

... strengthen its financial management operations We are sending copies of this report to the Commissioner of Internal Revenue, the Secretary of the Treasury, the Director of the Office of Management ... General Accounting Office Washington, D.C 20648 Comptroller General of the United States B-250977 June 15,1994 To the President of the Senate and the Speaker of the House of Representatives In ... In accordance with the Chief F’inancial Officers Act of 1990, this report presents the results of our efforts to audit the Principal Financial Statements of the Internal Revenue Service (IRS) for

Ngày tải lên: 19/06/2014, 15:20

... For example, more than 18 percent of the credit account balances are over 1 year old, with a total dollar value of $10.6 billion On the basis of our e xamination of 196 credit accounts, we found ... 1993 financial statements Further, based on our review and testing of IRS’ reported reconciling items for fiscal years 1986 through 1993, we found that IRS had written off at least $179 million of ... causes of cash differences and promptly resolve them In a related matter, IRS’ transition of payroll processing to NFC created a series of problems affecting both IRS’ reconciliation of cash

Ngày tải lên: 19/06/2014, 15:20

... IRS Chief Financial Officer authority to ensure that IRS accounting system development efforts meet its financial reporting needs At a minimum, the Chief Financial Officer’s approval of related ... Slow the growth of receivables through increased USI of installment agreements, offers-in-compromise, ant consideration of collectibility in selecting returns for audit Apply financial reporting ... Management of IRS Detinquent Deb Management of IRS Detinquent Deb Tax Data Security Deterrence and Detection of Return Filing Fraud Table 3 Improve the accuracy of the inventory of receivable

Ngày tải lên: 19/06/2014, 15:20

... first financial statement audit of IRs for fiscal year 1992, IRs has made several attempts to reconcile these accounts Over the last 3 years, hundreds of millions of dollars have been written off ... implemented 2 of our 14 recommendations regarding revenue that resulted from our audits of IRS' fiscal years 1992 and 1993 financial statements While it has begun to take action on many of our recommendations, ... an analysis of IRS' inventory of tax debts, it will not provide better information on how much is actually owed or information needed for any meaningful analysis of the effectiveness of IRS' collection

Ngày tải lên: 19/06/2014, 15:20

... balances, end of year $ 2 $ 45,870 $ 35,286 This is trial version www.adultpdf.com Trang 7CALHOUN, GREENE, JERSEY AND MACOUPIN COUNTIES REGIONAL OFFICE OF EDUCATION #40 COMBINING SCHEDULE OF REVENUES, ... (deficiency) of revenues over Other financing uses: Transfers out Fund balances (deficits), beginning of year (4,893) 16,179 24,212 This is trial version www.adultpdf.com Trang 6COMBINING SCHEDULE OF REVENUES, ... www.adultpdf.com Trang 3CALHOUN, GREENE, JERSEY AND MACOUPIN COUNTIES REGIONAL OFFICE OF EDUCATION #40 COMBINING SCHEDULE OF ACCOUNTS (Continued) GENERAL FUND June 30, 2009 ASSETS ROE/ISC Operations

Ngày tải lên: 19/06/2014, 20:20

... end of year $ 49 $ $ 42,922 70 This is trial version www.adultpdf.com CALHOUN, GREENE, JERSEY AND MACOUPIN COUNTIES REGIONAL OFFICE OF EDUCATION #40 COMBINING SCHEDULE OF REVENUES, ... end of year $ $ 6 $ (2,153) 71 This is trial version www.adultpdf.com CALHOUN, GREENE, JERSEY AND MACOUPIN COUNTIES REGIONAL OFFICE OF EDUCATION #40 COMBINING SCHEDULE OF ... www.adultpdf.com CALHOUN, GREENE, JERSEY AND MACOUPIN COUNTIES REGIONAL OFFICE OF EDUCATION #40 COMBINING SCHEDULE OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCES EDUCATION FUND

Ngày tải lên: 19/06/2014, 20:20

... risk of the underlying pool of instruments. This condition would be met in respect of a tranche if, for example, in the event of the underlying pool of instruments losing 50% as a result of credit ... exposure to credit risk of the underlying pool of financial instruments. The underlying pool of financial instruments also may include derivatives that: ã reduce the variability of cash ows (e.g. interest ... equity instruments defined as such by IAS 32 and not to instruments defined as financial liabilities but classified as equity by the issuer – e.g. puttable instruments or instruments (or components of...

Ngày tải lên: 07/03/2014, 16:20

... other more subordinate instruments issued. In respect of puttable instruments, all financial instruments in the class of instruments that is subordinate to all other classes of instruments need to ... holders of the redeemable shares of Fund E are entitled to a pro rata share of E’s net assets in the event of its liquidation. E has also issued a small amount of a different class of shares ... rata share of its net assets only on liquidation. Puttable instruments are tested for equity classification as a whole (see flowchart in Question 1). Instruments or components of instruments...

Ngày tải lên: 07/03/2014, 16:20

... …nd that, in the presence of erroneous ratings of bonds, welfare losses are much larger than before. Equivalently, the welfare costs of relaxing the collateral constraint of intermediaries are quite ... is populated by a measure one of identical households, a me asure  m of identical non…nancial …rms, a measure 1   m of …nancial intermediaries and a government. Financial intermediaries are ... productivity of all rms, as outlined in section 2:2. The aggregate state s t 2 fs; sg follows a …rst-order Markov process. The history of aggregate s hocks up to t is s t : A summary of the timing of events...

Ngày tải lên: 15/03/2014, 14:20