An alternative to disclosing information about related parties is to restate related party events as though they had occurred between independent parties in arm’s length transactions. Explain why this approach has not been adopted by the standard setters.
As a treasurer of the company, you wish to issue $40 million of 10-year bonds. You believe it will take three months before the issue can be floated and that interest rates will rise. You wish to lock in today’s rates. Discuss how this can be done using futures contracts.
Why would a company spend millions of dollars on goodwill?
Why is it especially important to adjust hedge fund returns data for survivorship bias in the aftermath of the 2007–2008 financial crises?
