The requirements associated with becoming a CPA vary by state but often include the following: an accounting degree, work experience in an accounting field, passing the Uniform Certified Public Accountant Examination (CPA Exam), and passing an examination on ethics.
bankofengland.co.uk/pra. The Prudential Regulation Authority (PRA) is a United Kingdom financial services regulatory body, formed as one of the successors to the Financial Services Authority (FSA).
Open Script. This example shows how to compute the unilateral credit value (valuation) adjustment (CVA) for a bank holding a portfolio of vanilla interest rate swaps with several counterparties. CVA is the expected loss on an over-the-counter contract or portfolio of contracts due to counterparty default.