Basel II is a revised version of the 1988 Capital Accord, written by the Basel Committee on Banking Supervision(BCBS). Its formal title is the International Convergence of Capital Measurement and Capital Standards:A Revised Framework.
Basel II aims to produce greater consistency in the way banks and their regulars approach cross-border risk management. One of its main […]

As group treasurer, you need to enable your cash in all your various banks to generate interest. Very often, you are being approach by banker(s) to do cash pooling or concentration of balances.
This articles look at what’s are cash pooling- its advantages and it basic mechanism.
Cash pooling is simply a banking structure where balances on […]

An effective transfer pricing system in the context of a divisional organization has to satisfy several basic criteria. The challenge is presently no transfer pricing system has been perfect. However, for an effective system of transfer pricing, some of the basic criteria need to be satisfied:

it should encourage divisional managers to actin the best […]

[ Y ]
 
 
 
Yield
 
o         the rate of return on an investment.
 

[ W ]
 
 
 
Wasting assets
 
o         assets of a fixed nature but as they are being used by the business are physically diminishing in size eg a mine
 
 
Working capital
 
o         the total of current assets less the current liabilities
 
 
 
Work in progress
 
o         semi-finished goods