institutions affected by Sarbanes-Oxley‚ the issue is whether or not increased treasury automation ensures a more reliable internal control environment. Beyond the efficiency gains‚ a key driver of these initiatives is the need to streamline the SOX compliance process. Process automation enables treasury departments to improve and standardize their control procedures across the enterprise. In addition‚ inherent treasury system functionality eliminates the need for costly manual reconciliations‚ validations
Premium Internal control Database Risk
The research proposed suggest that breast-fed babies are more intelligent than formula-fed babies. The independent variable is if a child was breast-fed or not. The dependent variable is the child’s IQ based on the Wechsler Adult Intelligence Scale (WAIS). Other important concepts to be understood is that this was a study and not an experiment‚ so the data could be skewed because it is based on the mothers self-reports of how much the child was breast-fed at the one-year examination. Sample of
Premium Breastfeeding Infant Pregnancy
How the Fed Works by Lee Ann Obringer Federal Reserve building‚ Washington‚ D.C. One of the more mysterious areas of the economy is the role of the Fed. Formally known as the Federal Reserve‚ the Fed is the gatekeeper of the U.S. economy. It is the central bank of the United States -- it is the bank of banks and the bank of the U.S. government. The Fed regulates financial institutions‚ manages the nation’s money and influences the economy. By raising and lowering interest rates‚ creating
Premium Federal Reserve System Central bank Monetary policy
Crisis management: framework incorporating quality issues Introduction The 2007-09 financial crisis was the most serious such event since the Great Depression. The crisis manifested itself in credit losses‚ write-downs‚ liquidity shocks‚ deflated property values‚ and a contraction of the real economy. The sharp contraction in U.S. gross domestic product in 2009 traced to the adverse effects of the crisis on household consumption and business Investments. In the housing sector‚ banks took advantage
Premium Financial services Regulation Finance
FINAL REPORT ON “A STUDY OF CREDIT RISK MANAGEMENT IN ICICI BANK” SUBMITTED BY: K.R.AKSHAYAA RAJESWARI [pic] ICICI BANK A Report On “A STUDY OF CREDIT RISK MANAGEMENT IN ICICI BANK” By K.R.AKSHAYAA RAJESWARI A report submitted in Partial Fulfillment of the requirements of MBA Program ACKNOWLEDGEMENT The report and analysis details which are being presented here are
Premium Risk management Operational risk Bank
Revisiting the Financial Crisis: The Effect of Credit Shocks on Bond Yields Ram Yamarthy∗ New York University Mark J. Bertus Prize Winner From the financial crisis‚ it was apparent that traditional indicators such as real activity and inflation were insufficient to explain spikes in bond yields. I discover the effect of credit indicators on bond yields by estimating a Gaussian six-factor affine model of term structure. One of these factors is a credit variable that I construct using a principal component
Premium Bond Normal distribution Factor analysis
retirement” (Pianin‚ 2015). However in recent years worry about retirement and social security has been on the rise for many aging Americans. According to a Gallup Survey recently published “66 percent of Americans believe Social Security is in a “state of crisis‚” while slightly more than half of those still working doubt they will ever receive Social Security benefits” (Pianin‚ 2015).
Premium United States Unemployment Employment
only Krugman‚ his compatriot Joseph Stiglitz‚ another Nobel prizewinner for the liberal cause‚ and New York professor Nouriel Roubini‚ who had loudly predicted the crash‚ consistently confronted the "austerians" in Washington‚ Brussels and the UK Treasury. http://www.guardian.co.uk/business/2013/may/06/paul-krugman-battle-against-austerity/print Pagina 1 di 4 Paul Krugman’s call to arms against austerity | Business | The Guardian 08/05/13 11:18 More than four years on‚ austerity is being
Premium John Maynard Keynes Great Depression Keynesian economics
CREDIT MANAGEMENT & COLLECTION OF RECEIVABLES DR. RICHARD MAYUNGBE LAGOS‚ NIGERIA 26TH – 27TH OF JULY‚ 2010 INTRODUCTION Nearly every writer on the subject has worked out his own definition of credit. The following writers are examples: John Stuart in his Political Economy defines credit as the permission to use another’s capital. Joseph French Johnson in Money and Currency calls credit the power to obtain goods and services by giving a promise
Premium Debt Balance sheet Cash flow
BACKGROUND MONEY & ITS PURCHASING POWER M oney has entered into almost all our discussion. Economy evolved from barter to indirect exchange… indirect exchange to monetary economy… ultimately to a developed economy. Money is a commodity that serves as a general medium of exchange; its exchanges therefore permeate the economic system. Like all commodities‚ it has a market demand and a market supply‚ although its special situation lends it many unique features. “Price” has no unique expression
Premium Bank Credit card