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Facts and Fictions in the Securities Industry

By: Sam Vaknin

...om: Lidija Rangelovska – write to: palma@unet.com.mk Visit the Author Archive of Dr. Sam Vaknin in "Central Europe Review": http://www.ce-revi... ... palma@unet.com.mk Visit the Author Archive of Dr. Sam Vaknin in "Central Europe Review": http://www.ce-review.org/authorarchives/vaknin_archive/... ... http://samvak.tripod.com/guide.html Created by: LIDIJA RANGELOVSKA REPUBLIC OF MACEDONIA C O N T E N T S I. Introduction II. The Value ... ...T E N T S I. Introduction II. The Value of Stocks of a Company III. The Process of Due Diligence IV. Financial Investor, Strategic Investor V. ... ...s, it is very similar to an audit. All the documents of the firm are assembled and reviewed, the management is interviewed and a team of financial ... ...ash Flow Projections and the assumptions underlying them. Controls • Accounting systems used; • Methods to price products and services; • Pay... ...management is implemented. 2. To implement continuous financial audit and control systems to monitor the performance of the firm, its flow of fund... ...erence, lacunas and problems whether actual or potential concerning the financial systems, the financial operations, the financing plans, the acco... ...ing in a new financial instrument should be allowed only after it was submitted for review to the appropriate regulatory authority; a specific risk ...

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