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Direct costs of financial distress |
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Direct costs of financial distressCosts such as fees or penalties incurred as a result of bankruptcy or liquidation proceedings.Direct costs of financial distress Similar MatchesFinancial planFinancial planA blueprint relating to the financial future of a firm. Financial engineeringFinancial engineeringCombining or carving up existing instruments to create new financial products. Chartered Financial Analyst (CFA)Chartered Financial Analyst (CFA)An experienced financial analyst who has passed examinations in economics, financial accounting, portfolio management, security analysis, and standards of conduct given by the institute of Chartered Financial Analysts. Independent financial adviserIndependent financial adviserA person qualified to give financial advice to clients on life assurance, pensions, funds, and other financial products, who is not tied to any one financial institution.A financial adviser may charge his clients a fee for his advice, and, depending on his contract with product providers, may also receive a commission on the products which the client buys.In theory, an IFA's recommendations should be based on which company and products best suit the needs of the client, not on the level of commission he receives.In contrast, a company representative or tied agent is a financial adviser who is authorised to recommend only the products of the company he represents, so his advice is partial.Financial advisers have to make it clear to their clients whether they are independent or tied. Financial pressFinancial pressMedia devoted to reporting financial news. Further SuggestionsLong term financial planFinancial institution buyer credit policy Nonfinancial services Financial supermarket financial adviser Financial crisis Financial Times (F T) Actuaries indexes London International Financial Futures and Options Exchange Financial leverage clientele Financial Statement Combined financial statement financial institution Amman Financial Market (AFM) Financial planner Financial institution Swiss Options and Financial Futures Exchange (SOFFEX) Corporate financial planning Nonfinancial assets Integrated financial market Financial distress Statement of Financial Accounting Standards No 52 Financial account Corporate financial management Financial adviser financial year |
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