Financial capital is any economic resource measured in terms of money used by entrepreneurs and businesses to buy what they need to make their products or to provide their services to the sector of the economy upon which their operation is based, i.e. retail, corporate, investment banking, etc.
Three concepts of capital maintenance authorized in IFRS
Financial capital or just capital/equity in finance, accounting and economics, is internal retained earnings generated by the entity or funds provided by lenders (and investors) to businesses to purchase real capital equipment or services for producing new goods/services. Real capital or economic capital comprises physical goods that assist in the production of other goods and services, e.g. shovels for gravediggers, sewing machines for tailors, or machinery and tooling for factories.
Financial capital generally refers to saved-up financial wealth, especially that used to start or maintain a business. A financial concept of capital is adopted by most entities in preparing their financial reports. Under a financial concept of capital, such as invested money or invested purchasing power, capital is synonymous with the net assets or equity of the entity. Under a physical concept of capital, such as operating capability, capital is regarded as the productive capacity of the entity based on, for example, units of output per day. Financial capital maintenance can be measured in either nominal monetary units or units of constant purchasing power. There are thus three concepts of capital maintenance in terms of International Financial Reporting Standards (IFRS): (1) Physical capital maintenance (2) Financial capital maintenance in nominal monetary units (3) Financial capital maintenance in units of constant purchasing power. Framework for the Preparation and Presentation of Financial Statements,
Businesses have faced difficulties in access to capital and commercial banks want to be able to lend freely to meet market demand ... HÀ NỘI — Businesses have faced difficulties in access to capital and commercial banks want to be able to lend freely to meet market demand.
Analysts at UnitedCapital forecastedthat “For the fixed income markets, we expect an uptick in the yield environment and an uptick in fixed income instruments ... Speaking with THISDAY, the CEOWyoming Capital and Partners, Tajudeen Olayinka attributed the decline in market ...
Governments and companies around the world are facing unprecedented costs to refinance bonds, a burden that’s set to deepen fissures in debt markets and expose more vulnerabilities among weaker borrowers. ... strategists recently warning that the Federal Reserve needs to slow the pace of rate hikes to prevent credit market dysfunction.
The proceeds from the open-ended equity investment vehicle known as the LICMF Multicap Fund will be spread across all market capitalization sectors. The LICMF Multicap Fund will reportedly invest 25% in each of large, mid, and small-cap stocks, with the other 25% being invested across market capitalization at the fund manager's discretion ... .
He said, “The FederalGovernment’s drive to highlight Nigeria’s economic credentials is in sync with the cardinal objective of AACN’s flagship event, which is to set the agenda on unlocking opportunities in the Nigerian capital market and the economy in general.
The BaselIII standard is a voluntary global regulatory framework that addresses bank capital adequacy, stress testing, and market liquidity risk ... The distribution of qualifying capital between Tier 1 and Tier 11 capital by the Nigerian banking industry has been outperforming the BCBS recommendation in terms of minimum CAR.
“We certainly see a significant chance that the producer group will opt for a substantial cut to try to signal that there is indeed an effective circuit breaker in the market,” Helima Croft, head of commodity strategy at RBCCapital Markets, an investment bank, said last week.
China’s ascent has reshaped capitalism and carved out a powerful place in the world. But when it comes to this $7 trillion market, the country is bound by powerful constraints that make it almost normal ... .
Following a downward slide of the Nigerian equities market over the last few months, the Managing Director, Vetiva Fund Managers Limited, Mrs ... “Where securities lending is possible, investors or beneficial owners should ensure a process that considers or introduces policies that safeguard the beneficial owners, borrowers and at large the market.
Binance has introduced mining pools for ETHW users, offering zero fees for a limited time ...RelatedReading ... The blog post read; ... Source ... The current market capitalization is $1.43 billion; however, this number has not been independently confirmed and is thus subject to change. ETHW has also seen a market volume of $181 million in the last day.
Helima Croft, chief commodities strategist at RBCCapital Markets LLC, has said the group may opt for a cut twice that large.“I suspect that they might not want to go in person for a minor move,” Ms Croft said.The relationship between Riyadh and Moscow that ...
The upgrade reflects the high recognition Tongcheng Travel has gained from the international rating agency and the capital market in respect of its ESG commitment and performance ... Tongcheng Travel (formerly known as Tongcheng-Elong) is an innovator and market leader in China's online travel industry.
The OPEC+ group of oil producers will consider cutting output by more than 1 million barrels a day, according to delegates, when it meets in person on Wednesday for the first time in more than two years ... Helima Croft, chief commodities strategist at RBCCapital Markets LLC, has said the group may opt for a cut twice that large ... .