Effective product control : controlling for trading desks / / Peter Nash

• Record Nr.: UNINA9910271045203321
• Autore: Nash Peter <1977->
• Pubbl/distr/stampa: Chichester, West Sussex, United Kingdom : , : John Wiley & Sons, , 2018
• ISBN: 1-118-93980-8; 1-118-93979-4; 1-118-93978-6
• Edizione: [1st edition]
• Descrizione fisica: 1 online resource (1 volume) : illustrations
• Collana: Wiley finance series; THEi Wiley ebooks
• Disciplina: 332.1068/1
• Soggetti: Financial institutions - Risk management; Financial services industry - Risk management; Portfolio management; Stocks; Investments
• Lingua di pubblicazione: Inglese
• Formato: Materiale a stampa
• Livello bibliografico: Monografia
• Note generali: Includes index.
• Nota di bibliografia: Includes bibliographical references.
• Sommario/riassunto: 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 mit­igate 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 .