Loss Adjustment

“I have had nothing bad happen to me except my own doing. I have let this cowardice envelop me, and I can’t shake it off. I will commit the worst thing you can ever do to someone who loves you: killing yourself. The scary thing is, I’m okay with that.” —Victoria McLeod, Singapore, March 30, 2014 Loss Adjustment is a mother’s recount of her 17-year-old daughter’s suicide. In the wake of Victoria McLeod’s passing, she left behind a remarkable journal in her laptop of the final four months of her life. Linda Collins, her mother, has woven these into her memoir, which is at once cohesive, yet fragmented, reflecting a survivor's state of mind after devastating loss. Loss Adjustment involves the endless whys, the journey of Linda Collins and her husband in honouring Victoria, and the impossible question of what drove their daughter to this irretrievable act. A stunningly intimate portrait of loss and grief, Loss Adjustment is a breaking of silence—a book whose face society cannot turn away from.

Improve the Effectiveness of your Product Control Function Effective Product Control is a detailed how-to guide covering everything you need to know about the function. Considered essential reading for: New controllers entering the profession Auditors and regulators reviewing product control Established controllers wanting a refresher on the latest skills and core controls within the industry. Encompassing both a technical skills primer and key insights into core controls used to mit­igate major risks emanating from trading desks, you will get expert advice on practical topics such as: The key IFRS and U.S. GAAP accounting standards for a trading desk How to approach the pricing of a financial instrument Market risk and how is it quantified The controls necessary for a trading desk Rogue trading and how it can be detected Valuation adjustments and why they are necessary How the prices used to value a trading portfolio are independently verified The financial accounting entries used to record financial instruments in the balance sheet and profit & loss statement Financial reporting and how the results of a trading desk are presented How a new financial product can be introduced in a controlled manner Complete with a wealth of insightful graphs, illustrations and real-world examples to enliven the covered material, the dependable answers you need are in Effective Product Control.