Private placement and Reconciliation: Difference between pages

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imported>Doug Williamson
(Link with NAIC and Schuldschein pages. Source: The Treasurer April 2015 p21.)
 
imported>Administrator
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This is a form of securities issuance that has no exact definition.   
1. ''Accounting''.
A quantified explanation of the differences between two related amounts.
For example, an accounting reconciliation of reported operating profit to net operating cash flows.  This statement explains why the figure for accounting profit differs from the net operating cash flows for the same periodEach item contributing to the net difference being quantified within the reconciliation statement.


It usually refers to an issue that has been designed for a specific set of investor needs at a particular time.
Another example is the comparison of a physical count of stock or other assets, compared with the amounts in financial or other records.


As such it is not normally expected to be traded in the secondary market and is not a 'public' issue.
Reconciliation checks are an important feature of internal control systems, to provide additional assurance about the completeness and accuracy of recording financial and other information.


It is not normally expected to be listed on an exchange.
2.  
 
A quantified explanation of the change in any balance, over a time period.
A wide variety of securities under various names are private placements. In Germany, [[Schuldschein]] are a form of private placements, for example.


Sometimes abbreviated to 'rec'.


== See also ==
== See also ==
* [[Listing]]
* [[Bank reconciliation]]
* [[Issue]]
* [[Full reconciliation]]
* [[MCT]]
* [[Tax reconciliation]]
* [[NAIC]]
* [[Placement]]
* [[Placing]]
* [[Private bond]]
* [[Rule 144A]]
* [[Schuldschein]]
* [[Secondary market]]
* [[Security]]
* [[USPP]]
 
 
== Other links ==
 
[http://www.treasurers.org/node/8624 Developing a UK Private Placement market – interim report of the PP15+ working group, 2012]
 
[http://www.treasurers.org/blogs/ceo/201307 Hot money just got hotter...then evaporated, Colin Tyler, ACT July 2013]


[[Category:Corporate_financial_management]]

Revision as of 14:20, 23 October 2012

1. Accounting. A quantified explanation of the differences between two related amounts. For example, an accounting reconciliation of reported operating profit to net operating cash flows. This statement explains why the figure for accounting profit differs from the net operating cash flows for the same period. Each item contributing to the net difference being quantified within the reconciliation statement.

Another example is the comparison of a physical count of stock or other assets, compared with the amounts in financial or other records.

Reconciliation checks are an important feature of internal control systems, to provide additional assurance about the completeness and accuracy of recording financial and other information.

2. A quantified explanation of the change in any balance, over a time period.

Sometimes abbreviated to 'rec'.

See also