Financial Instruments and Institutions
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Financial Instruments and Institutions: Accounting and Disclosure Rules(187 Wiley Finance)

Financial Instruments and Institutions: Accounting and Disclosure Rules(187 Wiley Finance)


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About the Book

The most authoritative guide on understanding the accounting and disclosure rules involved when dealing with financial instruments This book examines the main accounting and disclosure rules for financial and risk disclosures in the analysis of instruments and institutions, such as thrifts, mortgage banks, commercial banks, lessors, and property-casualty and life insurers, and financial instruments. It focuses on the essential roles of fair value accounting for financial instruments. Particularly important Statements of Financial Accounting Standards(SFAS) are discussed in detail. Stephen G. Ryan (New York, NY) is an Associate Professor of Accounting and Peat, Marwick Faculty Fellow at the Stern School of Business at New York University. Over the years, financial professionals around the world have looked to the Wiley Finance series and its wide array of bestselling books for the knowledge, insights, and techniques that are essential to success in financial markets. As the pace of change in financial markets and instruments quickens, Wiley Finance continues to respond. With critically acclaimed books by leading thinkers on value investing, risk management, asset allocation, and many other critical subjects, the Wiley Finance series provides the financial community with information they want. Written to provide professionals and individuals with the most current thinking from the best minds in the industry, it is no wonder that the Wiley Finance series is the first and last stop for financial professionals looking to increase their financial expertise.

Table of Contents:
Preface. CHAPTER 1: Financial Instruments and Institutions. Main Ingredients of the Analysis of Financial Instruments. Activities and Risks of Financial Institutions. Valuation of Financial Institutions in Practice. CHAPTER 2: Nature and Regulation of Depository Institutions. Activities of Depository Institutions. Bank Regulation. Bank Subtypes. Recent Trends. CHAPTER 3: Thrifts. Financial Statement Structure. Main Risk-Return Trade-Offs and Financial Analysis Issues. CHAPTER 4: Interest Rate Risk and Net Interest Earnings. Views of Interest Rate Risk. Interest Rate Risk Concepts. Analysis of Net Interest Earnings. Rate-Volume Analysis. Repricing Gap Disclosures. CHAPTER 5: Credit Risk and Losses. Financial Economic Research on Credit Risk. Accounts for Loans and Loan Losses. Accounting and Disclosure Rules for Unimpaired Loans. Accounting and Disclosure Rules for Impaired Loans. Loan Loss Reserve Adequacy and Loan Portfolio Quality. Research on Banks' Credit Loss Reserves. Appendix 5A: SunTrust Banks--After the Restatement. CHAPTER 6: Fair Value Accounting for Financial Instruments: Disclosures and Investment Securities. Fair Value Accounting for Financial Instruments. Disclosures of the Fair Value of Financial Instruments. Investment Securities. Appendix 6A: T. R. Financial in 1994--The Downside of Negative Gap. CHAPTER 7: Mortgage Banks. Mortgage Banking Industry and Activities. Financial Statement Structure. Main Risk-Return Trade-Offs and Financial Analysis Issues. Accounting for Fees and Costs. CHAPTER 8: Securitizations. Why and What? Securitization Structures. SFAS No. 140. Financial Analysis Issues. Servicing Rights and Prepayment-Sensitive Securities. Appendix 8A: Aames Financial in the Hedge Fund Crisis. CHAPTER 9: Commercial Banks. Balance Sheet. Income Statement. Cash Flow Statement. CHAPTER 10: Derivatives and Hedging. Derivatives. Hedging. SFAS Nos. 133 and 138. Financial Analysis Issues and Approach. CHAPTER 11: Market Risk Disclosures. Tabular Format. Sensitivity Approach. Value-at-Risk Approach. Comparison of Disclosure Approaches. Appendix 11A: Bank One's Offsetting Swaps? CHAPTER 12: Lessors and Lease Accounting. Competitive Advantages of Leasing. Lease Structures and Contractual Terms. Lessors' Risk-Return Trade-Offs. Lease Accounting Methods. Analysis Issues Regarding Lease Accounting Methods. Special Lease Transactions. Lessors' Financial Statements. Lease Disclosures. Proposed Changes in Lease Accounting. CHAPTER 13: Insurers and Insurance Accounting. Products. Risk-Return Trade-Offs. Reinsurance. Regulation. Accounting and Disclosures. Financial Statements. Property-Casualty Expense Ratios. Other Insurance Accounting Systems. CHAPTER 14: Property-Casualty Insurers' Loss Reserve Disclosures. Loss Reserve Footnote Disclosures. Loss Reserve Development Disclosures. Calculating Remaining Loss Reserves for Prior Accident Years' Coverage. Calculating Loss Reserve Revisions for Prior Accident Years' Coverage. Calculating Tail. Constructing Accident Year Loss Reserve T Accounts. Index.

About the Author :
STEPHEN G. RYAN is an Associate Professor of Accounting and Robert Stovall Faculty Fellow at the Stern School of Business, New York University. He has published widely on financial reporting for financial instruments and by financial institutions in leading accounting and finance journals, including the Journal of Accounting Research, The Accounting Review, the Review of Accounting Studies, Accounting Horizons, and the Financial Analysts Journal. He is actively involved in the development of financial reporting as a member of the Financial Accounting Standards Advisory Council and as a past chair of the American Accounting Association's Financial Accounting Standards Committee.


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Product Details
  • ISBN-13: 9780471463498
  • Publisher: John Wiley & Sons Inc
  • Publisher Imprint: John Wiley & Sons Inc
  • Language: English
  • Series Title: 187 Wiley Finance
  • ISBN-10: 0471463493
  • Publisher Date: 28 Sep 2009
  • Binding: Digital (delivered electronically)
  • No of Pages: 432
  • Sub Title: Accounting and Disclosure Rules


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