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Spearman’s Rank
The Spearman's Rank Correlation Coefficient is used to discover the strength of a link between two sets of data. It i...
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7 Changes Accountants Should Watch Out For in 2024
67% of accountants feel the profession is more competitive today than ever before. So what does 2024 hold in store fo...
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5 Great Reasons to Choose a Career in Accounting
5 great reasons to become an accountant! Accountants are backbone of business & it's a great career in terms of secur...
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5 Fintech Trends to Watch Out For in 2024
Fintech has helped the financial industry improve the way businesses operate. Here are the 5 key fintech trends in 2024.
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What is marked to market?
Market to Market is one of the most critical aspects of financial markets these days. By definition, MTM is an accrua...
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Ho Lee Model
The Ho-Lee model improves upon the drift to incorporate time-dependency which means that the drift in time 1 will be ...
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Basic Indicator Approach
The basic indicator approach, is a set of operational risk monitoring techniques institutions under Basel II capital ...
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Knightian Uncertainty
One of the critical aspects of Risk Management is to identify risk. Part of the risk identification process is to fil...
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Value at Risk (VaR)
Given a particular likelihood of occurrence, the value at risk (VaR) determines an estimated loss amount at a given c...