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CISI Exam Prep: Inflation, Interest Rates & Forex

CISI Exam Prep: Inflation, Interest Rates & Forex The inter-relationship between inflation, interest rates and foreign exchange rates has always been a popular area in CISI exams – with varying difficulty across different levels. The recent turmoil in the Turkish Lira provides an excellent case study that would help students understand how the three pillars…

Solving CISI Exam Questions: Share Capitalisation (bonus) Issues

Share Capitalisation Issues: Ex-scrip price and effects on the Balance Sheet A case study on Emirates NBD   Capitalisation issues, otherwise known as bonus issues or scrip issues, are shares issued by the company to existing shareholders free of charge. Although mostly intended to reward shareholders, bonus issues are an effective way for a company…