Thomas Keeley |
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Thomas Keeley Tax AccountantBanking servicesThe primary operations of banks include: * Keeping money safe while also allowing withdrawals when needed * Issuance of checkbooks so that bills can be paid and other kinds of payments can be delivered by post * Provide personal loans, commercial loans, and mortgage loans (typically loans to purchase a home, property or business) * Issuance of credit cards and processing of credit card transactions and billing * Issuance of debit cards for use as a substitute for checks * Allow financial transactions at branches or by using Automatic Teller Machines (ATMs) * Provide wire transfers of funds and Electronic fund transfers between banks * Facilitation of standing orders and direct debits, so payments for bills can be made automatically * Provide overdraft agreements for the temporary advancement of the Bank's own money to meet monthly spending commitments of a customer in their current account. * Provide Charge card advances of the Bank's own money for customers wishing to settle credit advances monthly. * Provide a check guaranteed by the Bank itself and prepaid by the customer, such as a cashier's check or certified check. * Notary service for financial and other documents Management of fixed assets Depreciation Depreciation is the allocation of the cost of an asset over its useful life as determined at the time of purchase. It is calculated yearly to enforce the matching principle Insurance Main article: Insurance Insurance is the undertaking of one party to indemnify another, in exchange for a premium, against a certain eventuality. Uninsured risks * Bad debt * Changes in fashion * Time lapses between ordering and delivery * New machinery or technology * Different prices at different places Thomas Keeley Tax Accountant:Financial economics Main article: Financial economics Financial economics is the branch of economics studying the interrelation of financial variables, such as prices, interest rates and shares, as opposed to those concerning the real economy. Financial economics concentrates on influences of real economic variables on financial ones, in contrast to pure finance. It studies: * Valuation - Determination of the fair value of an asset o How risky is the asset? (identification of the asset-appropriate discount rate) o What cash flows will it produce? (discounting of relevant cash flows) o How does the market price compare to similar assets? (relative valuation) o Are the cash flows dependent on some other asset or event? (derivatives, contingent claim valuation) * Financial markets and instruments o Commodities - topics o Stocks - topics o Bonds - topics o Money market instruments- topics o Derivatives - topics * Financial institutions and regulation Financial Econometrics is the branch of Financial Economics that uses econometric techniques to parameterise the relationships. Thomas Keeley InfoInvestment services* Asset management - the term usually given to describe companies which run collective investment funds. Also refers to services provided by others, generally registered with the Securities and Exchange Commission as Registered Investment Advisors. * Hedge fund management - Hedge funds often employ the services of "prime brokerage" divisions at major investment banks to execute their trades. * Custody services - the safe-keeping and processing of the world's securities trades and servicing the associated portfolios. Assets under custody in the world are approximately $100 trillion. Long term funds are provided by ownership equity and long-term credit, often in the form of bonds. The balance between these elements forms the company's capital structure. Short-term funding or working capital is mostly provided by banks extending a line of credit. Thomas Keeley Tax Accountant: Financial assets, known as investments, are financially managed with careful attention to financial risk management to control financial risk. Financial instruments allow many forms of securitized assets to be traded on securities exchanges such as stock exchanges, including debt such as bonds as well as equity in publicly traded corporations. Thomas Keeley Tax Accountant Corporate finance Main article: Corporate finance Managerial or corporate finance is the task of providing the funds for a corporation's activities. For small business, this is referred to as SME finance (Small and Medium Enterprises). It generally involves balancing risk and profitability, while attempting to maximize an entity's wealth and the value of its stock. Thomas Keeley Home Investment services * Asset management - the term usually given to describe companies which run collective investment funds. Also refers to services provided by others, generally registered with the Securities and Exchange Commission as Registered Investment Advisors. * Hedge fund management - Hedge funds often employ the services of "prime brokerage" divisions at major investment banks to execute their trades. * Custody services - the safe-keeping and processing of the world's securities trades and servicing the associated portfolios. Assets under custody in the world are approximately $100 trillion. More results: Thomas Keeley Info About Thomas Keeley Tax Accountant Thomas Keeley Tax Accountant |
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