By Shani Shamah
Retailer your cash and purchase "Foreign alternate: a pragmatic consultant to the FX Markets" through Tim Weithers as a substitute. That publication covers the most content material of this booklet in a single bankruptcy and does so in a way more readable way.
Note that either one of those books would actually in basic terms be priceless to beginners to the FX markets. expert investors may still most probably bypass either titles.
Read Online or Download A currency options primer PDF
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Extra resources for A currency options primer
Without a doubt, everyone reading this is at some risk for employee fraud, also referred to as occupational fraud. When you think about it, the explanation is simple. Who better than your employees know where the weaknesses are in your processes? And even if your processes are iron tight, your employees will know how to get around the controls you’ve worked so hard to put in place. Now, some reading this may be scratching their heads, thinking I’m making a mountain out of a molehill. Before we dive into the statistics that demonstrate just how common fraud is in the corporate world, let’s look at some of the myths that surround fraud in the corporate world.
While most are excruciatingly honest, a few are not—and you have no way of knowing who’s who. There’s another touchy issue when it comes to checks that few people focus on. By now, most accounts payable professionals QUESTIONS THAT REVEAL YOUR INTERNAL CHECK CONTROLS 29 know they should use positive pay and a large percent of organizations actually do use it. Most run the file and send it to the bank as soon as they have printed their checks. But here’s where there could be a problem if you don’t use payee name positive pay (and at this point few companies do) and it takes you several days to get checks collated, signed, uncollated, and into the mail.
FRAUD STATISTICS Generally speaking, reported fraud statistics understate the problem. The reason is twofold: 1. People can report only what has been discovered. Undetected fraud can never be included in the statistics. 2. People are sometimes embarrassed to admit they have been the victim of fraud, especially when it demonstrates a shortcoming on their part. However, given the numbers you are about to see, it is not clear that this is still as strong a factor as it once was. Throughout this book, you’ll see reference to three sources of statistics.
A currency options primer by Shani Shamah