Effective Product Control

Controlling for Trading Desks

Author: Peter Nash

Publisher: John Wiley & Sons

ISBN: 1118939816

Category: Business & Economics

Page: 376

View: 684

Improve financial product control operations with this comprehensive reference Effective Financial Product Control provides detailed "how-to" guidance for the product control function, serving as a control standards primary reference for both internal and external stakeholders. Coverage includes tasks, roles, and functions, presented in an accessible way for introductory readers, while also offering best practice and improvement examples for the seasoned professional. Readers will learn how to handle risk exposure, exception reports, PNL, and more, and better grasp the relevant regulation, compliance rules, and standards. Key touch points include risk management, audit, accounting, treasury, trading and product sales, along with an examination of taxation and regulatory interaction including SOX, control review, valuations, and liquidity levels. Teaching and student ancillary materials include lecture slides, case studies, questions and answers, and functional documents that facilitate fundamental understanding. Product control within financial services organizations monitors trades, trade patterns, and entire portfolios to assess the remits and risks being taken, acting as the primary conduit between the trading desk and risk management, accounting, auditing, and financial functions. This book gives readers a foundation in product control, with detailed guidance toward every aspect of the function. Gain a deeper understanding of common product controller tasks Structure an effective and efficient product control function Carry out audit and regulatory review more effectively Understand product control's role within the financial institution Product controllers' primary responsibility is to ensure that traders operate within their assigned remits, and mark their books to market prices. The practice is crucial, but often poorly understood. For product control staff looking to enhance their skills and improve operational processes, Effective Financial Product Control is the complete guide to the function.

Effective Product Control

Controlling for Trading Desks

Author: Peter Nash

Publisher: John Wiley & Sons

ISBN: 1118939794

Category: Business & Economics

Page: 376

View: 9454

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.

Effective Product Control

Controlling for Trading Desks

Author: Peter Nash

Publisher: John Wiley & Sons

ISBN: 1118939808

Category: Business & Economics

Page: 376

View: 4641

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.

Crowd Control

Classroom Management and Effective Teaching for Chorus, Band, and Orchestra

Author: Susan L. Haugland

Publisher: R&L Education

ISBN: 1475803648

Category: Music

Page: 94

View: 7845

Crowd Control 2nd edition is a nuts-and-bolts manual for teachers of middle and high school performance-based classes such as band, orchestra, and chorus. This practical 'how-to' guide shows teachers, pre-service or experienced, efficient ways to manage large performance-based classrooms.

Neighborhoods & Crime

Author: Bursik,Harold G. Grasmick

Publisher: Lexington Books

ISBN: 066924631X

Category: Social Science

Page: 240

View: 7127

This book is an excellent resource in examining the influence that community control can have on crime.

Managing Organizational Culture for Effective Internal Control

From Practice to Theory

Author: Jan A. Pfister

Publisher: Springer Science & Business Media

ISBN: 9783790823400

Category: Business & Economics

Page: 245

View: 5018

In times of economic and financial crises, the content of this book rings true. Drawing from interviews with executives, senior managers and/or auditors from renowned companies (eBay, Google, Hewlett Packard, Intel, Levi Strauss & Co., Microsoft, Novartis and many others) and theory from fields of sociology and social psychology, this research study provides an understanding of how "tone at the top" imprints on an organization and why that imprint works. More specifically, it discusses how managers' principles and practices can actively shape an open-minded culture that enhances effective internal control.

Parenting Your Out-of-Control Child

An Effective, Easy-to-Use Program for Teaching Self-Control

Author: George M. Kapalka

Publisher: New Harbinger Publications

ISBN: 1608826066

Category: Family & Relationships

Page: 192

View: 5306

Most children learn to stop throwing temper tantrums, lying, refusing to go to bed or take a bath at an early age. But some have trouble with impulsivity and self-control, problems that, if left unchecked, can lead to more serious long-term issues that can even cross the line into crime and delinquency. This book offers a sound and safe step-by-step program for heading off conflict and getting your child to cooperate. This step-by-step approach concentrates on the most common out-of-control behaviors the author has encountered in his extensive work with parents and children. It advises you on the finer points of effective discipline, including eye contact, body language, tone of voice, and word choice. You'll learn a uniquely effective strategy for managing an out-of-control child: the behavior contract. With this technique, you can establish clearly what you expect from your child and make clear the consequences when he or she does-or does not-exercise behavior control. With a little effort and patience and a lot of love, this guide will help you control and find peace with even the most defiant child.

Model-Based Design for Effective Control System Development

Author: Wu, Wei

Publisher: IGI Global

ISBN: 1522523049

Category: Computers

Page: 299

View: 1810

Control systems are an integral aspect of modern society and exist across numerous domains and applications. As technology advances more and more, the complexity of such systems continues to increase exponentially. Model-Based Design for Effective Control System Development is a critical source of scholarly information on model-centric approaches and implementations for control and other similar dynamic systems. Highlighting innovative topics such as configuration management, controllability analysis, and modeling requirements, this book is ideally designed for engineers, researchers, academics, project managers, and professionals interested in the design of embedded control systems.

Effective Management Control

Theory and Practice

Author: Eric G. Flamholtz

Publisher: Springer Science & Business Media

ISBN: 1461313597

Category: Business & Economics

Page: 174

View: 5418

Effective Management Control deals with a critical but relatively neglected and misunderstood aspect of organizational effectiveness: the process of controlling the behavior of people in organizations. The issue of organizational control and the design of an optimal control system is essential for the long term effectiveness of an organization: too little control can lead to confusion and chaos; conversely, too great a degree of control can result in the erosion of innovation and entrepreneurship. This monograph presents a conceptual framework for approaching these issues, and examines the role accounting can play in a successful control system. The author works towards an understanding of the nature, role, elements and functioning of organizational control and control systems in organizations. The book posits and discusses the features of a core control system and its component parts, including: planning, measurement and feedback, evaluation and reward sub-systems. It also discusses the ways in which a core control system operates within a larger organizational structure and culture. The theory is illustrated through its application to a particular case study.

The Effective Manager

Author: Mark Horstman

Publisher: John Wiley & Sons

ISBN: 1119244609

Category: Business & Economics

Page: 208

View: 2884

The Effective Manager is a hands-on practical guide to great management at every level. Written by the man behind Manager Tools, the world's number-one business podcast, this book distills the author's 25 years of management training expertise into clear, actionable steps to start taking today.

Effective Project Management Through Applied Cost and Schedule Control

Author: James Bent,Kenneth K. Humphreys

Publisher: CRC Press

ISBN: 1482273519

Category: Business & Economics

Page: 476

View: 8411

This work outlines a state-of-the-art project control and trending programme, focusing on advanced applied-cost and schedule-control skills for all phases of a project at both owner and contractor level. It contains information on the three major aspects of the total project programme: the techniques and procedures utilized for a project; the experience and analytical ability of project personnel; and the commitment and teamwork of a project group.

The State and the Nations

The First Year of Devolution in the United Kingdom

Author: Robert Hazell

Publisher: State of the Nations Yearbooks

ISBN: 9780907845805

Category: Political Science

Page: 290

View: 5664

The chapters in this book cover the first year of devolution in the UK, bringing together the fruits of a major five-year research programme organised by the Constitution Unit at UCL. The programme comprises 11 research projects, underpinned by a regular series of monitoring reports, written by teams of experts in Scotland, Wales, and Northern Ireland. As a volume of record this book is an essential up-to-date text for courses in constitutional law or the UK political system. The book is written by the leading experts in the field, but in a highly accessible and readable style. It contains a mine of information not published elsewhere, with all the relevant facts and figures. And it brings out the dynamics of devolution: -- the asymmetry and instability of the devolution 'settlement' -- the tensions which have emerged in Wales and Northern Ireland -- the growing demand at Westminster for 'English votes on English laws' -- the new machinery created by Whitehall to manage devolution from the centre -- changes in public attitudes and national identity. The chapters cover Scotland, Wales, Northern Ireland, the English regions, intergovernmental relations, Westminster, public attitudes to devolution and the London assembly. This is a unique contemporary record describing all the main developments during the first year of devolution, and the stresses and the strains which are starting to emerge.

Disease Control Priorities in Developing Countries

Author: Dean T. Jamison,Joel G. Breman,Anthony R. Measham,George Alleyne,Mariam Claeson,David B. Evans,Prabhat Jha,Anne Mills,Philip Musgrove

Publisher: World Bank Publications

ISBN: 0821361805

Category: Medical

Page: 1452

View: 6542

Based on careful analysis of burden of disease and the costs ofinterventions, this second edition of 'Disease Control Priorities in Developing Countries, 2nd edition' highlights achievable priorities; measures progresstoward providing efficient, equitable care; promotes cost-effectiveinterventions to targeted populations; and encourages integrated effortsto optimize health. Nearly 500 experts - scientists, epidemiologists, health economists,academicians, and public health practitioners - from around the worldcontributed to the data sources and methodologies, and identifiedchallenges and priorities, resulting in this integrated, comprehensivereference volume on the state of health in developing countries.

Poverty Reduction - An Effective Means of Population Control

Theory, Evidence and Policy

Author: Mohammed Sharif

Publisher: Ashgate Publishing, Ltd.

ISBN: 1409487423

Category: Business & Economics

Page: 184

View: 5265

This book contends that high fertility is rational in that it achieves short term economic benefit and long term old age-support for families. Wider macroeconomic effects are not the concern of the individual family. This means that the fertility choices of the poor are not a result of ignorance. The objective of this book is to drive home the fact that it is poverty that is responsible for high fertility and that until the problem of poverty is effectively dealt with the problem of high fertility will continue to persist. The book concludes with a series of policy recommendations for the eradication of poverty.

Law and Policy of Substantial Ownership and Effective Control of Airlines

Prospects for Change

Author: Isabelle Lelieur

Publisher: Routledge

ISBN: 1351922874

Category: Law

Page: 192

View: 1261

The principle of airline substantial ownership and effective control is one of the biggest impediments to the air transport industry growth. Legitimately included in the bilateral agreements since 1946 for national security reasons, States have maintained the principle over the years and used it as a protectionist tool, as well as a bargaining chip. Today, considering that liberalization and globalization concepts are already well-established in the biggest industrial sectors, and a large number of cross-border investments occurs in most of the service sectors through mergers and acquisitions, the time is ripe to remove national restrictions on foreign investments from the airline industry. This comprehensive book identifies those factors that still justify the imposition of national ownership restrictions on airlines and examines the prospects for change in the current policies and regulatory regimes that support them. The readership includes specialists in government departments of transportation, civil aviation authorities and agencies, international organizations, airline executives concerned with general management, economic, legal and public affairs, aviation lawyers, airline pilot associations, law schools concerned with international aviation law.

Mergers, Merger Control, and Remedies

A Retrospective Analysis of U.S. Policy

Author: John Kwoka

Publisher: MIT Press

ISBN: 0262028484

Category: Business & Economics

Page: 288

View: 7852

In recent decades, antitrust investigations and cases targeting mergers -- including those involving Google, Ticketmaster, and much of the domestic airline industry -- have reshaped industries and changed business practices profoundly. And yet there has been a relative dearth of detailed evaluations of the effects of mergers and the effectiveness of merger policy. In this book, John Kwoka, a noted authority on industrial organization, examines all reliable empirical studies of the effect of specific mergers and develops entirely new information about the policies and remedies of antitrust agencies regarding these mergers. Combined with data on outcomes, this policy information enables analysis of, and creates new insights into, mergers, merger policies, and the effectiveness of remedies in preventing anticompetitive outcomes.After an overview of mergers, merger policy, and a common approach to merger analysis, Kwoka offers a detailed analysis of the studied mergers, relevant policies, and chosen remedies. Kwoka finds, first and foremost, that most of the studied mergers resulted in competitive harm, usually in the form of higher product prices but also with respect to various non-price outcomes. Other important findings include the fact that joint ventures and code sharing arrangements do not result in such harm and that policies intended to remedy mergers -- especially conduct remedies -- are not generally effective in restraining price increases. The book's uniquely comprehensive analysis advances our understanding of merger decisions and policies, suggests policy improvements for competition agencies and remedies, and points the way to future research.

Effective Computation in Physics

Field Guide to Research with Python

Author: Anthony Scopatz,Kathryn D. Huff

Publisher: "O'Reilly Media, Inc."

ISBN: 1491901586

Category: Science

Page: 552

View: 544

More physicists today are taking on the role of software developer as part of their research, but software development isn’t always easy or obvious, even for physicists. This practical book teaches essential software development skills to help you automate and accomplish nearly any aspect of research in a physics-based field. Written by two PhDs in nuclear engineering, this book includes practical examples drawn from a working knowledge of physics concepts. You’ll learn how to use the Python programming language to perform everything from collecting and analyzing data to building software and publishing your results. In four parts, this book includes: Getting Started: Jump into Python, the command line, data containers, functions, flow control and logic, and classes and objects Getting It Done: Learn about regular expressions, analysis and visualization, NumPy, storing data in files and HDF5, important data structures in physics, computing in parallel, and deploying software Getting It Right: Build pipelines and software, learn to use local and remote version control, and debug and test your code Getting It Out There: Document your code, process and publish your findings, and collaborate efficiently; dive into software licenses, ownership, and copyright procedures

Yes! You Can Manage Stress

Regain Control of Your Life Using the Five Habits of Effective Stress Management

Author: Gudjon Bergmann

Publisher: Createspace Independent Pub

ISBN: 9781456568825

Category: Self-Help

Page: 186

View: 1300

Yes! You Can Manage Stress is a book for: people who work in high-stress environments and want to avoid burnout and enjoy life in a balanced way; working parents who want to find work-life balance; people who become stressed too often despite efforts to reduce stress; and anyone else who is interested in mastering stress management and achieving life balance While reading this book you will learn how to use stress as a catalyst for growth, learn ways to reduce the harmful symptoms of stress through effective mental and physical techniques and be led onto a path of stress management mastery. You will also learn how to attain life balance through a combination of ideas and practices and increase your self-confidence, which will allow you to tackle unavoidable obstacles in life. You will acquire the absolute best combination of stress management habits available. Save time, energy and money. Instead of investing 15 years of your life learning about stress management, learn from experience and extensive research By investing in this book you are investing in your future. You will get all the tools you need to successfully manage your relationship with stress and achieve life balance.

The Tobacco Atlas

Author: Judith Mackay,Michael P. Eriksen,World Health Organization

Publisher: World Health Organization

ISBN: 9789241562096

Category: Medical

Page: 128

View: 4205

The Tobacco Atlas is intended for anyone concerned with personal or political health, governance, politics, economics, big business, corporate behavior, smuggling, tax, religion, internet, allocation of resources, human development, and the future. It will be useful for UN agencies, governments and politicians, health officials, the media, researchers, universities, schools, and the general public. The atlas includes full-color world maps and graphics revealing similarities and differences between countries, on the history of tobacco, different types of tobacco use, prevalence and consumption, youth smoking, the economics of tobacco farming and manufacturing, smuggling, the tobacco industry, promotion, profits, trade, smokers' rights, legislative action such as smoke-free areas, bans on tobacco advertising, health warnings, quitting, the effect of price and taxation, litigation and the future of the epidemic. This book illustrates, in an accessible and creative format, how tobacco is not just a simple health issue, but involves economics, big business, politics, trade, litigation, deceit, and crimes such as smuggling. The atlas also shows the importance of a multifaceted approach to reducing the epidemic by WHO, other UN agencies, NGOs, the private sector, and in fact the whole of civil society.

Developing an Effective Safety Culture

A Leadership Approach

Author: James Roughton,James Mercurio

Publisher: Elsevier

ISBN: 9780080488707

Category: Technology & Engineering

Page: 384

View: 2749

Developing an Effective Safety Culture implements a simple philosophy, namely that working safely is a cultural issue. An effective safety culture will eventually lead to the desired goal of zero incidents in the work place, and this book will provide an understanding of what is needed to reach this goal. The authors present reference material for all phases of building a safety management system and ultimately developing a safety program that fits the culture. This volume offers the most comprehensive approach to developing an effective safety culture. Information is easily accessible as the authors move first through, understanding the cost of incidents, then to perspectives and descriptions of management systems, principal management leadership traits, establishing and evaluating goals and objectives, providing visible leadership, and assigning required responsibilities. In addition, you are given the means to systematically identifying hazards and develop your own hazard inventory and control system. Further information on OSHA requirements for training, behavior-based safety processes, and the development of a job hazard analysis for each task is available as well. Valuable case studies, from the authors' own experience in the industry, are used throughout to demonstrate the concepts presented. * Provides the tools to rebuild or enhance a desired safety culture * Allows you to identify a program that will fit your specific application * Examines different philosophies in relation to safety culture development