| Description |
1 online resource |
| Contents |
Working in Product Control -- Working in Product Control. An Introduction to Product Control -- Changing Landscape of Product Control -- Key Stakeholders -- Technical Skills -- Technical Skills. Accounting Standards: Recognition and Measurement -- Market Risk -- Pricing Financial Instruments -- Internal Control -- Profit and Loss Controls -- Profit and Loss Controls. System Feeds, End of Day Rates and Profit and Loss Estimates -- Review of New and Amended Trades -- Review of Mark-to-Market P & L -- Funding, Fees and Charges -- Profit and Loss Adjustments -- Profit and Loss Commentary -- Profit and Loss Reconciliations and Sign-Offs -- Valuations -- Valuations. Independent Price Verification -- Valuation Adjustments -- Balance Sheet Controls -- Balance Sheet Controls. Balance Sheet Substantiation and Analysis -- Dividending of Profit and Loss and FX Selldown -- Controlling Nostros -- Financial Accounting and Reporting -- Financial Accounting and Reporting. Financial Accounting Entries -- Financial Reporting and Note Disclosures -- Supplementary Controls -- Supplementary Controls. New Product Proposals -- Rogue Trading |
| Summary |
Improve the Effectiveness of your Product Control Function Effective Product Control is a detailed how-to guide covering everything you need to know about the function. Considered essential reading for: New controllers entering the profession Auditors and regulators reviewing product control Established controllers wanting a refresher on the latest skills and core controls within the industry. Encompassing both a technical skills primer and key insights into core controls used to mitÂigate major risks emanating from trading desks, you will get expert advice on practical topics such as: The key IFRS and U.S. GAAP accounting standards for a trading desk How to approach the pricing of a financial instrument Market risk and how is it quantified The controls necessary for a trading desk Rogue trading and how it can be detected Valuation adjustments and why they are necessary How the prices used to value a trading portfolio are independently verified The financial accounting entries used to record financial instruments in the balance sheet and profit & loss statement Financial reporting and how the results of a trading desk are presented How a new financial product can be introduced in a controlled manner Complete with a wealth of insightful graphs, illustrations and real-world examples to enliven the covered material, the dependable answers you need are in Effective Product Control |
| Bibliography |
Includes bibliographical references and index |
| Notes |
Print version record and CIP data provided by publisher |
| Subject |
Financial institutions -- Risk management
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Financial services industry -- Risk management
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Portfolio management.
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Stocks.
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Investments.
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Investments
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BUSINESS & ECONOMICS -- Finance.
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Investments
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Portfolio management
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Stocks
|
| Form |
Electronic book
|
| LC no. |
2017040992 |
| ISBN |
9781118939796 |
|
1118939794 |
|
9781118939802 |
|
1118939808 |
|
9781118939789 |
|
1118939786 |
|
1118939816 |
|
9781118939819 |
|
