Stephen G.Ryan – Financial Instruments & Institutions

Salepage : Stephen G.Ryan – Financial Instruments & Institutions
Archive : Stephen G.Ryan – Financial Instruments & Institutions Digital Download
Delivery : Digital Download Immediately

Description

The most authoritative resource for learning the accounting and disclosure laws that apply to financial instruments.
This book investigates the primary accounting and disclosure principles for financial and risk disclosures in the study of instruments and institutions such as thrifts, mortgage banks, commercial banks, lessors, property-casualty and life insurers, and financial instruments. It focuses on the critical responsibilities of financial instrument fair value accounting. Statements of Financial Accounting Standards (SFAS) of particular importance are reviewed in depth.
Stephen G. Ryan (New York, NY) is an Associate Professor of Accounting and a Peat, Marwick Faculty Fellow at New York University’s Stern School of Business.
Around the years, financial professionals all over the world have relied on the Wiley Finance series and its wide range of best-selling books to provide them with the information, insights, and skills they need to succeed in financial markets. Wiley Finance continues to adjust as the pace of change in financial markets and products accelerates. The Wiley Finance series offers the financial community with knowledge they want, including highly acclaimed books by top thinkers on value investing, risk management, asset allocation, and many other essential areas. It is no surprise that the Wiley Finance series is the first and final destination for financial professionals wishing to expand their financial competence. It is written to present professionals and people with the most current thinking from the brightest brains in the field.

AUTHOR INFORMATION
Stephen G. Ryan is an Associate Professor of Accounting and a Robert Stovall Faculty Fellow at New York University’s Stern School of Business. Prior to that, he was an associate consultant with Bain & Company and an assistant professor of accounting at the Yale School of Organization and Management. He has published multiple articles in journals such as Accounting Horizons, Financial Analysts Journal, Accounting Review, and Journal of Financial Statement Analysis. He is the Review of Accounting Studies’ Editor. He also serves on the Financial Institutions Advisory Group and the Liabilities and Equity Resource Group of the FASB.
TABLE OF MATERIALS

ix. Preface

xviii. Acknowledgements

Financial Instruments and Institutions, Chapter 1

Main Components of Financial Instrument Analysis 4

Financial Institutions’ Activities and Risks 11

In-Practice Financial Institution Valuation 16

Depository Institutions: Their Nature and Regulation 19

Depository Institutions’ Activities 19

Bank Regulation Number 22

Subtypes of Banks 35

Recent Developments 38

Thrifts 45th Chapter

Structure of Financial Statements 46

The Most Important Risk-Return Trade-Offs and Financial Analysis Issues 56

Interest Rate Risk and Net Interest Earnings in Chapter 4 63

Interest Rate Risk Perspectives 64

Concepts of Interest Rate Risk 66

Net Interest Earnings Analysis 78

Analysis of Rates and Volumes 81

Disclosures of Repricing Gaps 84

Credit Risk and Losses in Chapter 5 93

Credit Risk Economics 95

Loan and Loan Loss Accounts 97

Unimpaired Loan Accounting and Disclosure Rules 100

Impaired Loan Accounting and Disclosure Rules 107

Loan Portfolio Quality and Adequacy of Loan Loss Reserves 110

Bank Loan Loss Reserves Research 118

SunTrust Banks—After the Restatement 119 Appendix 5A:

Chapter 6 Financial Instruments Fair Value Accounting: Concepts, Disclosures, and Investment Securities 131

Financial Instruments Fair Value Accounting 133

Fair Value Disclosures for Financial Instruments 141

Securities for Investment 149

Appendix 6A: The Big Gap at Washington Federal 158

Mortgage Banks in Chapter 7 161

Mortgage Banking: Major Players and Activities 162

Structure of Financial Statements 167

Issues Concerning Risk-Return Trade-Offs and Financial Analysis 174

Fee and Cost Accounting 186

Securitizations in Chapter 8 189

What and why? 192

Structures of Securitization 196

SFAS 140 204:

Issues in Financial Analysis 216

Securitization Empirical Research 221

Prepayment-Sensitive Securities and Servicing Rights 222

Doral Financial’s Interesting Interest-Only Strips 224 Appendix 8A:

Elements of Structured Finance Transactions 235 Chapter 9

Entities with a Specific Purpose/Variable Interest 236

244 Related Transactions

248 Hybrid Financial Instruments

251 Financial Guarantees

Recent SEC Rulings on Structured Finance Transactions 253

Commercial Banks (Chapter 10) 255

257 Balance Sheet

261 Income Statement

265 Cash Flow Statement

269 Chapter 11: Derivatives and Hedging

272 derivatives

282 Hedging

285 SFAS No. 133 (1998), as Amended

Derivatives and Hedging Framework for Financial Institutions 308

311 Chapter 12 Market Risk Disclosures

FRR No. 48 (1997) Overview 312

315 Tabular Format

322 Sensitivity Approach

326 Value-at-Risk Approach

Comparison of Disclosure Methodologies 331

SunTrust’s Market Risk as a Result of Derivatives and Hedging 332

337 research

Appendix 12A: Derivatives, Hedging, and Market Risk at Bank of America 337

Lessors and Lease Accounting 347 Chapter 13

More from Categories : Financial Development Course