Effective Product Control

<p><b>Improve the Effectiveness of your Product Control Function</b></p> <p><i>Effective Product Control </i>is a detailed how-to guide covering everything you need to know about the function. Considered essential reading for: </p> <ul> <li>New controllers entering the profession</li> <li>Auditors and regulators reviewing product control</li> <li>Established controllers wanting a refresher on the latest skills and core controls within the industry.</li> </ul> <p>Encompassing both a technical skills primer and key insights into core controls used to mit­igate major risks emanating from trading desks, you will get expert advice on practical topics such as: </p> <ul> <li>The key IFRS and U.S. GAAP accounting standards for a trading desk</li> <li>How to approach the pricing of a financial instrument</li> <li>Market risk and how is it quantified</li> <li>The controls necessary for a trading desk</li> <li>Rogue trading and how it can be detected</li> <li>Valuation adjustments and why they are necessary</li> <li>How the prices used to value a trading portfolio are independently verified</li> <li>The financial accounting entries used to record financial instruments in the balance sheet and profit & loss statement</li> <li>Financial reporting and how the results of a trading desk are presented</li> <li>How a new financial product can be introduced in a controlled manner</li> </ul> <p>Complete with a wealth of insightful graphs, illustrations and real-world examples to enliven the covered material, the dependable answers you need are in <i>Effective Product Control</i>.   </p>