Liabilities, Liquidity, and Cash Management (PDF)

"This book provides a very helpful and informative insight into anaspect of finance that has become quite intricate and complex butis nevertheless very fascinating."
--Dr. Henry Kaufman, President, Henry Kaufman & Company,Inc.
Strategies and advice on balancing financial risk for leveragedcompanies
In today's highly leveraged economy, good liabilities managementhas become vitally important. Entire sectors of the economy, andsome of the biggest financial and industrial companies, facedramatic overexposure problems. But adequate internal liabilitycontrols can greatly reduce risk. Featuring case studies in anumber of industries and examples of both proper and improperliabilities management in major organizations, Liabilities,Liquidity, and Cash Management shows managers, accountants,investment advisors, and other professionals who deal withliabilities and overexposure how they can implement good internalcontrols on liability and overexposure. It provides modern tools,critical strategies, and timely advice specifically tailored to theneeds of companies facing overexposure and debt risk in a volatileeconomy.
Topics include:

* Loss of capitalization
* Derivatives
* Risks of globalization
* Sensitivity analysis, gap analysis, stress testing, andvalue-added solution
* Real-time financial reporting and virtual balance sheets
* Liquidity management
* Money markets, yield curves, and interest rates
* Mismatch risk profiles
* Credit risk
* Risk in the new economy