Discuss the need to include the leverage ratio and off-balance sheet assets in Basel III

Q: rence rat

A: Introduction :  In simple words, Reference rate can be understood as the rate that is utilized to…

Q: describe general requirements for fi nancial statements under International Financial Reporting…

A: The IFRS is general standards of financial reporting along with US and UK GAAP.

Q: Which of the following is an asset of the Fed? Federal Reserve notes

A: Federal reserve assets include Gold, Special drawing rights, reserve position in IMF, Foreign…

Q: Define International Financial Reporting Standards.

A: Accounting is primarily concerned with identifying, recording, measuring, summarizing transactions…

Q: The US GAAP provides rules and guidance for what two primary financial reporting purposes?

A: US GAAP which is the acronym and abbreviation of generally accepted accounting principles has given…

Q: Discuss the primary differences between U.S. GAAP and IFRS with respect to thebalance sheet,…

A: U.S. GAAP    The Generally Accepted Accounting Principles in the US (U S GAAP) refer to the…

Q: Discuss the primary differences between U.S. GAAP and IFRS with respect to investments.

A: GAAP: It is the standard guidelines that are commonly used for financial reporting. These guidelines…

Q: Define currency appreciation

A: Answer: The meaning of currency appreciation is nothing but an rise of one currency’s value…

Q: The present market economy come under _________________ C's of Credit. a. Capital b. Conditions c.…

A: These are the main Cs related to granting of loans. Banks and financial institutions look at these…

Q: Define each of the following terms: h. Eurodollar; Eurobond; international bond; foreign bond

A: EurodollarIt is a bond whose denomination is in terms of the US dollar that is held in Europe or any…

Q: State the purposes for which the securities premium reserve can be utilised.

A: Securities premium:Securities premium is the gain earned by the company, by issuing a share of a…

Q: Discuss the primary differences between U.S. GAAP and IFRS with respect to current liabilities and…

A: Generally Accepted Accounting Principles (GAAP): Generally Accepted Accounting Principles are the…

Q: erecognition of Provision PAS 37

A: Definition IAS 37 Provisions, Contingent Liabilities and Contingent Assets outlines the accounting…

Q: Which of the following way to classify and measure financial instruments do you favor?  Justify your…

A: IFRS 9.

Q: Briefly describe some of the similarities and differences between GAAP and IFRS with respect to…

A: GAAP: its also called as US GAAP , is an acronym for Generally accepted accounting principles. These…

Q: Briefly discuss the differences between (A) adoption of IFRS by the U.S. Securities and Exchange…

A: IFRS stands for International Financial Reporting Standards are the set of standards designed with…

Q: Define each of the following terms:k. Accruals; trade credit

A: There are two types of systems in accounting, one is a cash system of accounting and the other is…

Q: Define long-term debt

A:

Q: What assumptions are made in a comparative financial analysis, especially on an international scale?

A: Comparative Analysis: Take two or more sets of data. Compare them side by side And then analyze the…

Q: What are three differences between IFRS and U.S. GAAP with respect to the recognition of financial…

A: Generally Accepted Accounting Principles: They are commonly known as GAAP. It is a collection of…

Q: International Financial Reporting Standards (IFRS) are:

A: The correct answer & explanation is as follows-

Q: What are three difference between IFRS and U.S. GAAP with respect to the measurement of financial…

A: Three differences between IFRS and US GAAP with respect to the measurement of financial statement…

Q: aims of the Basel II capital accords

A: The Basel Committee on Bank Supervision (BCBS) established the Basel Accords, a series of three…

Q: What are two differences between IFRS and U.S. GAAP with respect to the classification of financial…

A: Generally Accepted Accounting Principles (GAAP): Generally Accepted Accounting Principles are the…

Q: Define Foreign currency hedge.

A: Hedge: The process through which the risk associated with a particular project, can be eliminated is…

Q: Problem : How are revenues related to current assets? In regards to exchange rates, what's the…

A:

Q: Examine the importance of working capital to busineses. ( make reference to the related FASB,…

A: Importance of Working Capital to Business-          Working capital is simply what it says – it's…

Q: Describe financial instruments and investment derivatives,

A: Financial instrument: A financial instrument is a monetary agreement among two parties, which can be…

Q: rules(IFRS and GAAP) on worldwide financial comparability

A: Set of Rules: GAAP- Generally accepted accounting principles, or GAAP, are a set of rules that…

Q: Define debt service requirements

A: Debt service requirement is very much essential for a company if it wants to maintain a good credit…

Q: What are the important key points of interim financial reporting PAS 34?

A: The important key points of interim financial reporting PAS 34 are as follows:- The objective of…

Q: Describe at least two differences between U.S. GAAP and IFRS in balance sheet presentation.

A: Balance sheet: This financial statement reports a company’s resources (assets) and claims of…

Q: Define a floating exchange rate system.

A: A floating exchange rate is a system in which a country's exchange price is set mostly on basis of…

Q: Differentiate between foreign portfolio investments and directforeign investments

A: The economic development of a nation depends upon the industries, services, and primary sector of…

Q: The Fundamental Review of the Trading Book (Basel regulations) includes rules on how assets can be…

A: According to the FRTB, the Bank must classify which assets to be kept as trading assets and which…

Q: Discuss the use of liquidity ratios (in accordance to BASEL III) as a valid focus for international…

A: About BASEL:: The Basel Committee on Banking Supervision (BCBS ) is entrusted with the task of…

Q: What body is responsible for setting International Financial Reporting Standards?

A: International Financial Reporting Standards are the internationally recognized accounting standards.…

Q: Briefly discuss the differences between (a) adoption of IFRS by the U.S. Securities and Exchange…

A: There are two possible paths for the United States to align the U.S Generally Accepted Accounting…

Q: Explain the term “Financial Instruments” and give relevant examples.

A: Financial Instruments: Its a monetary contract between parties. A financial Instrument may be…