INTERNATIONAL ACCOUNTING STANDARDS (IAS)

International accounting standards (IAS) or the latest US GAAP (generally accepted accounting principles) accounting guidelines will reform the auditing world in the post-AEW investment climate. The revised accounting drafts are of major relevance to banks, funds, insurers and all types of corporation. In particular, the latest IAS 39 and FAS 133 spell major revisions for [...]

Adjusting Overbought and Oversold Rate of Change Levels for Market Trend

The levels at which momentum indicators can be considered “oversold” (with the market likely to try to firm, especially during a neutral or bullish period) and “over bought” (with the market likely to at least pause in its advance, especially during i bearish or neutral period) often vary depending upon the general market climate. During [...]

REPUTATIONAL RISK

What due diligence is meant to do is to protect you before you buy. Caveat emptor! Unfortunately, the banks and funds have concentrated on white-collar executives cramming themselves into a large boardroom for a long discussion, possibly punctuated by lunch and drinks. Bankers, financiers, accountants, lawyers, technical specialists and backup staff all enter into the [...]

DIRECT INVESTMENT

Direct investments are largely restricted to private family-owned companies and star t-up companies that have attracted specialist venture capital or private equity interest. Many small companies have to rely on direct investments for the bulk of their financing. In general, however, direct investments present a number of specific problems to both the providers and users [...]