Auditing Derivative Strategies
- Item No. : 415
- ISBN : 0-89413-443-4
- Publisher : The IIA Research Foundation
- Publish Date : 2000
- Authors : Barbara Davison
- Media : Paperback
- Page count : 143
- Dimensions : 5.5 X 8.5
- Member Price : $55.00
- Non-Member Price : $65.00
Also available as a Download PDF.
Auditors can help control derivative risk by understanding and knowing where to look. This book will help you do both.
Derivatives don't kill companies; people misusing derivatives kill companies! Often, management, traders, and money managers do not fully understand how derivative structures work and the risks associated with these structures. Many companies don't have the necessary internal controls in place in this highly risky area to ensure that assets are protected. Auditing Derivative Strategies will help you learn about derivatives and the controls needed in a derivative environment.
This handbook includes valuable information on forwards and futures, options, the swap market, and investment infrastructure. It identifies basic controls and "red flags" and provides a checklist and reference section with Internet addresses and suggested readings for obtaining more information. Auditors can help control derivative risk by understanding and knowing where to look. This book will help them do both.