Financial and Management Accounting

Basics of financial accounting. Preparation of balance sheet, income statement and flow of funds statement. Inventory valuation and depreciation methods. Basics of accounting. Definition of costs. Absorption cost techniques, with an emphasis on allocation of overhead in manufacturing organizations.


Credit default swap valuation: an application via stochastic intensity models
Namuslu, Merve; Danışoğlu, Seza; Ayaydın Hacıömeroğlu, Hande; Department of Financial Mathematics (2016)
The objective of this thesis is to study the pricing of a single-name credit default swap (CDS) contract via the discounted cash flow method with reduced-form survival probability functions depending on stochastic intensity. The ability of the model in predicting the market-observed spreads is tested as well by using bond and CDS data from the US market. In credit risk modeling, the CIR (Cox-Ingersoll-Ross) model is used. The main reason for using a reduced-form model in pricing the CDS contracts is the adv...
Asset-backed stable numeraire approach for sustainable valuation
Aydin, Nadi Serhan; Rainer, Martin (2020-05-01)
Interest rates underpin almost every instrument/transaction in conventional financial markets. Valuation of the instruments in relation to interest rates remains meaningful only ifcashcan be attributed a worth of its own (which is generally assumed to accumulate over time). The relevant concepts such as the stochastic short rate and the conventional numeraire (i.e. the money market account) not only become restrictive when one attempts to build more realistic models in quantitative finance, but also - as we...
Identification, Optimization and Control of Stochastic Differential Equations in Financial Mathematics
Weber, Gerhard Wilhelm(2010-12-31)
Identification, Optimization and Control of Stochastic Differential Equations in Financial Mathematics
Yılmaz, Bilgi; İnkaya, Bülent Alper; Yolcu Okur, Yeliz (null; 2013-10-29)
The Greeks in finance are the partial derivatives of a financial quantity with respect to any of the model parameters. These derivatives could serve to measure the stability of the financial quantity under study (e.g. delta is the derivative of an option price with respect to the initial price) or to hedging a certain payoff (Higa and Montero, 2004). The Greeks are useful tools in finance which help to understand how the option reacts to a change in the parameters. The information gained from calculated Gre...
Financial Development and Economic Growth - New Data and Empirical Analysis
Graff, Micheal (Orta Doğu Teknik Üniversitesi (Ankara, Turkey), 2001)
The paper discusses the significance of financial development as a determinant of economic development. An empirical analysis is based on panel data covering 93 countries from 1970-90. It draws on a new proxy for financial development that refers to the input of real resources into the financial system. Moreover, interaction effects between financial development and catching-up as well as education are considered. Finally, to clarify the structure of causal relationships, a two-wave path model is estimated....
Citation Formats
S. Duran, “Financial and Management Accounting,” 00, 2011, Accessed: 00, 2020. [Online]. Available: