Accounting Horizons Vol. 24, No. 3 2010 pp. 355–394 American Accounting Association DOI: 10.2308/acch.2010.24.3.355 Global Accounting Convergence and the Potential Adoption of IFRS by the U.S. (Part I): Conceptual Underpinnings and Economic Analysis Luzi Hail, Christian Leuz, and Peter Wysocki SYNOPSIS: This article is Part I of a two-part series analyzing the economic and policy factors related to the potential adoption of IFRS by the United States. In this part, we develop the conceptual framework
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an answer to the recent market volatility may well find one when earnings season kicks off later this week. Markets have been in disarray since the start of February after inflationary pressure rattled bond yields and triggered one of the sharpest stock corrections in history. The S&P 500 is now down 3% year to date as risks of a trade war with China and regulations of Big Tech loom large. The hope is a string of strong headline numbers from Corporate America can allay those fears and reignite the
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DSE fall in stock prices [pic][pic][pic][pic]Stock prices at the country's main bourse -- the Dhaka Stock Exchange (DSE) witnessed Sunday the steepest ever single-day fall -- 551 points or 6.71 per cent, forcing angry retail investors to stage rowdy street protests in Dhaka and some other district towns. With market indices nose-diving soon after the start of the day's trading at the DSE, angry investors came out of the brokerage houses, blocked the main street and, at one stage, turned
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protection, while the large public sector was similarly inefficient. In 1991 India suffered a financial crisis which was followed by the initiation of economic reforms. For example, capital market reforms included the establishment of the Securities and Exchange Board of India (SEBI) in 1988, which was given statutory powers in 1992. SEBI was charged with Read more:
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Capital market is one of the most important segments of the Indian financial system. It is the market available to the companies for meeting their requirements of the long-term funds. It refers to all the facilities and the institutional arrangements for borrowing and lending funds. In other words, it is concerned with the raising of money capital for purposes of making long-term investments. The market consists of a number of individuals and institutions (including the Government) that canalise
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Activities of SEC regarding secondary market: Mutual Fund: Bangladesh security and exchange commission is concern about activities of Mutual fund. According to the Securities and Exchange Commission (Mutual Fund) Rules, 2001 SEC can registers mutual fund. Later on 16 March 2009 SCE established Mutual Fund and SPV department. At present one mutual fund is listed in the private sector. There are two types of mutual funds 1. Open- Ended Mutual fund 2. Closed-Ended Mutual Fund The list
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Market Beta (β) and Stock Returns - An Analysis of Select Companies I INTRODUCTION During the past three decades, CAPM (Capital Asset Pricing Model) has been studied in great depth and is used as the standard risk-return model by various researchers and academicians. The basic premise of CAPM is that the stocks with a higher beta yield higher returns for the investors. One of the conditions stipulated in the model is that the said return should be higher than the return of the risk-free
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maintain its relationship with the U.S. More than 70% of Canadian goods exported to US. Around 212 companies traded in both American and Canadian stock exchanges. About 153 Canadian stocks traded in NYSE market, and 52 Canadian companies listed in the NASDAQ market. In this case, Canadian companies have to report using US GAAP if they are traded in US stock market. By reporting under US GAAP, it increases comparability among companies. Also, in current, for those companies that traded in both countries
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Impairment of Securities Securties are classified into one of three categories: available for sale, held to maturity, or trading. The concept of impairment does not really apply to trading securities as they are only held for short periods. The impairment of securities that are deemed available for sale or held to maturity is a three step process. The first step is to determine if the security is impaired by comparing the fair value to the cost of the security. The cost includes any amortization
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Global Social Finance Research 02 May 2012 Volume Growth and Valuation Contraction Global Microfinance Equity Valuation Survey 2012 J.P. Morgan Global Research J.P. Morgan Social Finance Yasemin Saltuk Yasemin Saltuk AC (44-20) 7742-6426 (44-20) 7742-6426 yasemin.x.saltuk@jpmorgan.com yasemin.x.saltuk@jpmorgan.com J.P. Morgan Securities Ltd. J.P. Morgan Equity Research Frederic de Mariz (55-11) 4950-3398 frederic.de.mariz@jpmorgan.com Banco J.P. Morgan S.A. CGAP Jasmina Glisovic
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