Special Purpose Entities (Spes) And Structured Finance
Published 10/2024
MP4 | Video: h264, 1920x1080 | Audio: AAC, 44.1 KHz
Language: English | Size: 745.63 MB | Duration: 2h 18m
Unlock the complexities of SPEs and gain essential insights into their strategic use in finance and business!
What you'll learn
Introduction to Special Purpose Entities (SPEs): Understand the basic structure and definition of SPEs, their role in modern finance.
SPE Structure and Uses: Learn about the various structural components of SPEs and their common uses in the financial world, including securitization.
Types of SPVs: Gain knowledge of different types of Special Purpose Vehicles (SPVs), including joint ventures and other variations.
Advantages and Disadvantages: Explore the benefits and potential drawbacks of using SPEs in business, including risk management, regulatory compliance.
Enron Case Study: Analyze the infamous Enron scandal and its use of SPEs to manipulate financial statements. Understand the Sarbanes-Oxley Act (SOX) act.
Accounting Guidelines for SPEs: Study the accounting practices and guidelines for managing SPEs, including asset consolidation, off-balance-sheet reporting.
Application of SPEs in Real-World Scenarios: Work through examples and case studies to apply the theoretical knowledge of SPEs in practical settings.
By the end of the course, students will be equipped to understand, structure, and assess the use of Special Purpose Entities in business.
Requirements
Basic Knowledge of Finance and Accounting: A fundamental understanding of financial concepts such as balance sheets, income statements, and general accounting principles will be helpful.
Understanding of Corporate Structures: Familiarity with general business structures, including how companies are organized and how different entities interact financially.
Introductory Business Law: Basic knowledge of legal concepts surrounding business operations, especially related to corporate governance and regulatory frameworks, will be useful.
Critical Thinking and Analytical Skills: The course involves analyzing case studies and understanding complex financial structures, so strong analytical and problem-solving skills are encouraged.
Interest in Corporate Finance and Risk Management: A keen interest in learning about financial innovations, risk management strategies, and the use of Special Purpose Entities in structuring financial transactions.
