Sources of FinanceLearning Objective

Given an overview of the set up and working procedures of various financing institutions and types of financial instruments, the trainees will be able to critically review the various sourcing of financing by the auditee organizations as evaluated by the instructor.

New Financial Institutions

• Venture Capital Institutions

• Mutual Funds

• Factoring Institutions

• Credit Rating Institutions

• OTCEI

• National Stock Exchange

• National Securities Depository Ltd

New Financial Instruments

• Commercial Paper

• Certificate of Deposit

• Securitisation of Deposit

• Secured Premium Notes with Detachable Warrants

• Non-Convertible Debentures with Detachable Equity Warrants

• Zero Coupon Bonds

New Financial Instruments

• Zero Interest Fully Convertible Debentures

• Deep Discount Bonds

• Double Option Bonds

• Stock-Invest

• Equity Shares with Detachable warrants

• Fully Convertible Cumulative Preference Shares

• Preference Shares wuth Warrants attached

New Financial Instruments

• Secured Zero Interest Partly Convertible Debentures with Detachable and Separately Tradeable Warrants

• Fully Convertible Debentures with Interest• American Depository Receipts• Euro Issues

– Foreign Currency Convertible Bonds– European Depository Receipts– Global Depository Receipts

New Financial Instruments

• Floating Rate Bonds

• Non-Voting Rights Shares

• Derivatives– Swap– Option– Forward– Future