Conduct risk and Current: Difference between pages

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''Corporate governance and risk management''
1.  ''Financial reporting - balance sheet - assets & liabilities.''


1.
Assets or liabilities that are likely to be converted into cash within a year or a normal accounting cycle.


The risk that an organisation or an individual may behave unethically, illegally, or contrary to the organisation's or the market's codes of practice.


2.  ''Financial reporting - foreign currency translation - exchange rate.''


2.
The current exchange rate is the exchange rate on the last day of the financial reporting period.


The adverse consequences of such a breach.


3.  ''Financial reporting - balance sheet - assets & liabilities - valuation.''


<span style="color:#4B0082">'''''$375bn in conduct fines'''''</span>
Current cost is a basis of accounting incorporating current replacement costs of assets, rather than historical cost.


:"Conduct risk is now systemic in scale.


:In the past five years, banks globally have paid some $375bn in conduct fines, and misconduct has damaged trust in financial services.
4. ''Financial reporting - pension liabilities - defined benefit.''


:Identifying malpractice techniques is the essential first step to forestalling them, in particular if there is a limited core group of identifiable practices."
In pensions accounting, current service cost is the increase in the employer's pension liabilities that arises from the pensionable service of employees in the current financial reporting period.


Contrasted with the past service cost.


:''The Treasurer magazine, September/October 2017, p37 - Gerry Harvey, chief executive of the FICC Markets Standards Board (FMSB).''


5.  ''International trade - statistics.''


==See also==
In international trade, current account measures include trading in goods and services, but exclude capital transfers.
* [[ACT Ethical Code]]
* [[Code of conduct]]
* [[Code of practice]]
* [[Conduct]]
* [[Corporate governance]]
* [[Financial Conduct Authority]]
* [[Fixed Income, Currencies and Commodities Markets Standards Board]]  (FMSB)
* [[Front-running]]
* [[Layering]]
* [[Market corners]]
* [[Ramping]]
* [[Risk management]]
* [[Spoofing]]
* [[Squeeze]]
* [[Wash trading]]


[[Category:Corporate_finance]]
 
[[Category:Financial_risk_management]]
6.  ''Market rates of return - yield.''
 
The current yield on an investment is its current annual income, divided by its current market value, ignoring capital gains or losses.
 
 
== See also ==
* [[Accounting reference date]]
* [[Assets]]
* [[Balance sheet]]
* [[Current account deficit]]
* [[Current assets]]
* [[Current cost accounting]]
* [[Current liabilities]]
* [[Current rate ]]
* [[Current rate method]]
* [[Current service cost]]
* [[Current unit method]]
* [[Current yield]]
* [[Current/non-current method]]
* [[Defined benefit pension scheme]]
* [[Exchange rate]]
* [[Financial reporting]]
* [[Fixed assets]]
* [[Foreign currency]]
* [[International trade]]
* [[Liabilities]]
* [[Non-current]]
* [[Past service cost]]
* [[Pensions]]
* [[Rate of return]]
* [[Statistics]]
* [[Translation]]
* [[Valuation]]
* [[Working capital]]
* [[Yield]]
 
[[Category:Accounting,_tax_and_regulation]]
[[Category:The_business_context]]

Revision as of 23:48, 26 July 2022

1. Financial reporting - balance sheet - assets & liabilities.

Assets or liabilities that are likely to be converted into cash within a year or a normal accounting cycle.


2. Financial reporting - foreign currency translation - exchange rate.

The current exchange rate is the exchange rate on the last day of the financial reporting period.


3. Financial reporting - balance sheet - assets & liabilities - valuation.

Current cost is a basis of accounting incorporating current replacement costs of assets, rather than historical cost.


4. Financial reporting - pension liabilities - defined benefit.

In pensions accounting, current service cost is the increase in the employer's pension liabilities that arises from the pensionable service of employees in the current financial reporting period.

Contrasted with the past service cost.


5. International trade - statistics.

In international trade, current account measures include trading in goods and services, but exclude capital transfers.


6. Market rates of return - yield.

The current yield on an investment is its current annual income, divided by its current market value, ignoring capital gains or losses.


See also