error and finance

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The Banking Claims Game

An error is defined as a transaction that is not posted in a timely manner because of information inconsistencies. These inconsistencies can range from incorrect account or routing numbers to the wrong name on the account. This produces a claim that needs to be resolved as soon as possible so...

Tags: Game, Payment Processing, Payment, Princeton eCom, Inconsistency, Error, Operational Accounting, Banking, Finance, Financial Services

White papers 2005-03-10

Auditing: The Mythical Isolated Error

An enduring myth in auditing is that of the isolated error—an auditor’s belief that the one error detected in an audit sample is the only error in the population under examination. This occurs when an auditor, expecting to find no error, selects a small audit sample, such as a discovery...

Tags: Error, Financial Accounting, Operational Accounting, Financial Services, Finance, Accounting, Auditing, Audit

White papers 2003-01-01

Fund Manager Stats

Never mind ranking mutual funds while developing a scorecard for fund managers. The article talks about rating portfolio managers with alpha rankings. Alpha helps to measure whether a manager is adding value to a client's diversified portfolio. Alpha analysis enables to see the value added by a manager in relation...

Tags: Fund Manager, Retirement Plans, Investment, Human Resources, Benefits, Finance, Manager, Mutual Funds, Alpha Analysis, Alpha, Error, Thomson Corp.

White papers 2003-01-01

Operational Risk: Automate to Eliminate

For a variety of reasons, operational risk is climbing financial institutions agendas. It is becoming increasingly clear that those firms which have risk sensitive processes and organisational structures will be able to reap benefits – in lower capital set-asides, improvement to the bottom line and, not least, reputation. Operating risk...

Tags: Emphasis, Error, Financial Services, Benefits, Financial Accounting, Human Resources, Finance

White papers 2001-10-01

Behavioral Corporate Finance

Managers and corporate directors need to recognize two key behavioral impediments that obstruct the process of value maximization, one internal to the firm and the other external. I call the first obstruction behavioral costs. Behavioral costs, like agency costs, tend to prevent value creation. Behavioral costs are the costs associated...

Tags: Cost, Marketing, Finance, Financial Accounting, Advertising & Promotion, Social Science Electronic Publishing Inc., Obstruction, Error

White papers 2001-09-01

Forecast Errors And Financial Developments

This paper looks at the accuracy of forecasts and, more specifically, addresses the question whether forecasts of growth and inflation can be improved by including information from financial markets. The empirical work presented suggests that average forecast errors are not large enough to seriously undermine the basis for forward-looking monetary...

Tags: Financial, Bank For International Settlements, Error, Financial Accounting, Currency & Foreign Exchange, Finance

White papers 1997-11-01

Additional Resources

Legislator's Campaign Committee to Pay $20,000 Fine for Filing Error-Ridden Finance Reports

Rep. Annazette Collins to issue apology CHICAGO -- State Rep. Annazette Collins, D-Chicago, has agreed to issue an apology for filing inaccurate and incomplete disclosure of contributions to her election campaigns from 2005 through 2007, and her campaign committee will pay a fine of $20,000 to the Illinois...

Articles 2008-07-28

Market meltdown? Carbon trading is just warming up

First, the price of the EU's credit allowances crashed. Now shares in companies that trade in them are falling too. But getting polluters to change their ways will be a process of trial and error, says Mike Scott Is the carbon market a success or not?...

Articles 2008-07-27

Philex Gold Inc.: Clarifying Press Release

Philex Gold, Inc. (the "Company" or "PGI") (TSX VENTURE: PGI) has been selected by the Corporate Finance Branch of the Ontario Securities Commission (the "OSC") for review of its continuous disclosure record. As a part of this review, the Company has been requested to issue a press release...

Articles 2008-07-10

Global Talent Shortage Continues in Accounting and Finance; Report Finds Hiring and Retaining Skilled Professionals Still Challenging

MENLO PARK, Calif., July 8 /PRNewswire/ -- A shortage of experienced accounting and finance professionals continues to affect employers around the world, according to the second annual Robert Half Global Financial Employment Monitor. For the second consecutive year, more than half (56 percent) of the finance...

Articles 2008-07-08

Acute Cost and Growth Pressures to Drive Large-Scale BPO and ITO Outsourcing/Offshoring in Healthcare Sector over Next Three to Five Years

HOUSTON -- The slumping economy may be slowing deal flow in some sectors, but it is accelerating adoption of outsourcing in the healthcare industry as it struggles to streamline its back-office and ramp up to meet increased demand for services as the U.S. population ages, according to...

Articles 2008-07-08

Brown's Pounds 7.5bn black hole Falling house sales and consumer

New figures reveal public finance shortfall EXCLUSIVE The Chancellor is facing a 7.5bn black hole in his Budget for next year as a result of the economic downturn, an analysis of Treasury figures for The Independent has found. ...

Articles 2008-07-08

The Last Taboo: Americans Will Talk about Sex Before Credit Card Debt

AUSTIN, Texas -- A consumer information poll today reported that Americans are more likely to talk about their weights, ages, religious views and even their health problems, than they are willing to talk about credit card debt. According to the poll, conducted by GfK Roper...

Articles 2008-07-08

Trying to Plan a Dream Wedding and Still Have Funds for the Ever After? David's Bridal Offers Smart, Stylish Solutions in a Less Than Fairytale Economy

Nation's Wedding Authority Provides Affordable Luxury for Savvy Brides CONSHOHOCKEN, Pa., July 7 /PRNewswire/ -- Are you, or someone you know, planning a dream wedding without the fairy tale budget? In today's economic climate, spending plans are shifting, as couples grapple with rising costs...

Articles 2008-07-07

Mega Silver Inc.: High Grade Silver-Gold Intercepts From Promontorio Drilling

Mega Silver Inc. ("Mega Silver") (TSX VENTURE: MSR) is pleased to announce analytical results from the first five drill holes completed on the Promontorio silver-gold property located in the El Oro municipality in north central Durango State, Mexico. The Promontorio property is under option from Silverstone Resource Corp....

Articles 2008-07-07

CHEATING TO GET AHEAD ONLY PUTS STUDENT FURTHER BEHIND

DEAR ABBY: I am 12 and have bad problems at school. Whenever I'm behind, can't figure out a problem or just want to get it done, I cheat. I'm home-schooled, and my mom is my teacher, which means the answer books are in my "classroom." I...

Articles 2008-07-06

Obama wastes little time redefining his positions

WASHINGTON -- You'll notice Barack Obama is now wearing a flag pin. Again. During the primary campaign, he refused to, explaining that he'd worn one after 9/11 but then stopped because it "became a substitute for, I think, true patriotism." So why is...

Articles 2008-07-06

AL FRANKEN HAS BECOME MORE SERIOUS GUY THAN WISEGUY

ST. PAUL, Minn. -- So it's come to this. You can spend the better part of an hour with Al Franken and hardly laugh at all. Mr. Franken is, of course, one of the funnier men of our time, a "Saturday Night Live" veteran, and the...

Articles 2008-07-05

Drumbeat of bad news continues to drive consumer sentiment down

RBC CASH Index for July Reaches New Low of the Year NEW YORK, July 3 /PRNewswire-FirstCall/ -- Soaring gas and food prices and a stock market that just endured its worst June performance since the Great Depression are draining consumers' wallets as well as...

Articles 2008-07-03

Monster Employment Index Dips Slightly in June

June 2008 Index Highlights: * Index edges down three points in June, reflecting mild seasonal lull in U.S. online recruitment activity as springtime recruitment period winds down * Year-over-year growth rate holds steady from May, suggesting no significant change in underlying demand for...

Articles 2008-07-02