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In this article we discuss one of the modern risk measuring techniques Value-at-Risk (VaR). Currently central banks in major money centers, under the auspices of the BIS Basle Committee, adopt the VaR system to evaluate the market risk of their supervised banks. Banks regulators ask all...
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future structuring. Namely, the creating of financial statements provides disclosure of accounting and financial information … anything that would enable better planning and creating a more secure future. Therefore, accounting managers perceive this very …
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