Impact of Changes in the Components of Sales on Sales Growth Sustainability
Changes in volume and prices primarily propel sales growth for a multinational corporation. Besides that, exchange rate changes between the reporting currency and the currency in which sales are made also drive sales growth. Reasonably, growth in sales that comes…
Impact of Multinational Operations on a Company’s Effective Tax Rate
Accounting standards require companies to explain the relationship between tax expense and accounting profit. This explanation is presented as a reconciliation between the average effective tax rate and the applicable statutory rate. The effective tax rate is computed as the…
Financial Crime in Times of COVID-19 – AML and Cyber Resilience Measures
After completing this reading, you should be able to: Explain the increase of cyber threats faced by financial institutions because of the Covid-19 crisis. Explain the cyber resilience measures taken by international and national financial authorities in response to the…
Global Financial Stability Report: Markets in the Time of COVID-19
After completing this reading, you should be able to: Describe the developments in financial and commodity markets during March-April 2020. Discuss the global financial vulnerabilities intensified by the slowdown in economic activity and tightened financial conditions following the COVID-19 outbreak. …
When Selling Becomes Viral: Disruptions in Debt Markets in the COVID-19 Crisis and the Fed’s Response
By the end of this reading, you should be able to: Describe the evolution of bond and CDS prices during March-April 2020. Compare the developments in debt markets during the Great Financial Crisis of 2008-2009 and the COVID-19 crisis. Explain…
The Green Swan – Central Banking and Financial Stability in the Age of Climate Change
After completing this reading, you should be able to: Describe the concept of “green swan,” how it differs from “black swan,” and why climate change is considered a ”green swan” event. Explain why climate change is a threat to price…
Climate Change: Physical Risk and Equity
After completing this reading, you should be able to: From the perspective of physical risk, describe the channels through which climate change can affect financial stability. Explain how climate change and climate risk have affected equity prices and equity valuations….
Exam FM Syllabus – Learning Outcomes
1. Time Value of Money2. Annuities/cash flows with non-contingent payments3. Loans4. Bonds5. General Cash Flows and Portfolios6. Immunization7. Interest Rate Swaps8. Determinants of Interest Rates
FRM Questions Images
FRM 1 MOCK 1 Reference tables Question 84 Question 86 FRM 1 MOCK 2 Question 71 Question 72 FRM 2 MOCK 1 FRM 2 MOCK 2
