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We can generally differentiate two sources of financing which are: INTERNAL SOURCES Traditionally,the major sources of finance for a limited company were internal sources: Retained profit Working capital Sale of assets EXTERNAL SOURCES Ownership [...] Note Issuance facility is merely a method of financing that involves repeat issues of a short term debt instrument to the most competitive bidder through auctions. When combined with a Revolving Underwriting Facility (RUF i.e. an underwriting facility which is extended in every round of fund-raising),the issue will devolve on the underwriter,if the [...] The emergence of the Islamic capital market in 2002 with the inaugural sukuk issued by the Malaysian Governement spearheaded the capital markets exponentially as it became the blue print to an increasing variety of instruments which can be used to create an efficient Islamic portfolio in line with portfolio theory and financial planning. Increasingly,many [...] One of the credit facilities that businessmen can obtain from Financial Institutions is the Bank Overdraft Facility. This article looks at its characteristics as this is the commonest tool used in company’s debt financing: Only granted by Commercial banks;Very convenient ( cheques can be issued for amounts within the agreed limit);Flexible in terms [...] We often hear such terms “Bridging Finance” and “End-Financing” in the housing/property development industry. This article seeks to give some simple clarifications of such terms used. Bridging Finance is: A temporary advance to bridge the financial gap from commencement of a project until the eventual return of the cash when the project is completed;As [...] |  FCCA,CA(MIA)with more than 26 years of post-qualifying working experiences. Previous working stints with one of the big accounting four,Regional GFC & Group Treasurer in a group of Malaysian and Group CFO in Singapore public listed concern.Also author to another very popular free educational accounting cum finance blog:http://basiccollegeaccounting.com under the branding of College Accounting Coach. | |||||
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