Nobody downloaded yet

The Proper Management of Money - Essay Example

Comments (0) Cite this document
Summary
 The writer of this essay believes that accounting can be the key to throw open the doors of financial ignorance, and usher West Africa into the world of monetary integrity and successful businesses. He dreams of a world in which human greed, has been defeated by common human honesty.  …
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER96.9% of users find it useful
The Proper Management of Money
Read TextPreview

Extract of sample "The Proper Management of Money"

Download file to see previous pages I realized that business skills are not sufficient to lift a people, and an economy, to a higher level: the crucial factor is the proper management of money. My fortuitous stint as an accountant at HMS Host (Bethesda, MD) was the turning point of my life. I received exposure to the entire gamut of accounting and banking and discovered in myself a passion for the subject. I went on to obtain an associate in accounting and decided that I had found my calling in life.
I believe that acquiring a Master’s degree in Accounting, with a specialization in internal audit, will best equip me to realize my immediate goal of acing my CPA examination, and became an auditor in a reputed firm. Once I have thoroughly enhanced my understanding of the field and built up my credentials as an auditor, I intend to go back home and establish my own CPA firm, with the goal of contributing to the development and welfare of small businesses and nonprofit organizations. I see Accounting and Auditing as powerful tools in my battle to help the small business owners in my country, who struggle to compete with large corporations in the face of considerable odds. I see myself actively involved in financial planning and growth strategies for small businesses, as a consultant in investment opportunities, and as a tax advisor. I intend to be in the vanguard of a movement against the prevalent corruption and fund embezzlement which are ruining my country’s march towards true development.
The Robert H. Smith School of Business is widely acknowledged to be among the best in the world and has been my ‘Dream School’ for more than a decade. I cannot imagine a better place in which to build up a rock-solid foundation for my future career as an auditor and accountant. ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“The Proper Management of Money Essay Example | Topics and Well Written Essays - 750 words”, n.d.)
The Proper Management of Money Essay Example | Topics and Well Written Essays - 750 words. Retrieved from https://studentshare.org/creative-writing/1576999-what-are-your-specific-post-graduate-short-term-and-long-term-goals-how-will-a-graduate-degree-from-the-robert-h-smith-school-of-business-assist-you-in-achieving-your-goals-finally-please-discuss-your-personal-and-professional-motivations-for-pursuing
(The Proper Management of Money Essay Example | Topics and Well Written Essays - 750 Words)
The Proper Management of Money Essay Example | Topics and Well Written Essays - 750 Words. https://studentshare.org/creative-writing/1576999-what-are-your-specific-post-graduate-short-term-and-long-term-goals-how-will-a-graduate-degree-from-the-robert-h-smith-school-of-business-assist-you-in-achieving-your-goals-finally-please-discuss-your-personal-and-professional-motivations-for-pursuing.
“The Proper Management of Money Essay Example | Topics and Well Written Essays - 750 Words”, n.d. https://studentshare.org/creative-writing/1576999-what-are-your-specific-post-graduate-short-term-and-long-term-goals-how-will-a-graduate-degree-from-the-robert-h-smith-school-of-business-assist-you-in-achieving-your-goals-finally-please-discuss-your-personal-and-professional-motivations-for-pursuing.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF The Proper Management of Money

Acquiring a Masters Degree in Accounting

...that business skills are not sufficient to lift a people, and an economy, to a higher level: the crucial factor is the proper management of money. My fortuitous stint as an accountant at HMS Host (Bethesda, MD) was the turning point of my life. I received exposure to the entire gamut of accounting and banking, and discovered in myself a passion for the subject. I went on to obtain an associate in accounting, and decided that I had found my calling in life. I believe that acquiring a Master’s degree in Accounting, with a specialization in internal audit, will best equip me to realize my immediate goal of acing my CPA examination, and becoming an auditor in a reputed firm. Once I have...
3 Pages(750 words)Admission/Application Essay

Money management

...October 22, Money Management Total number of words 1497 Table of Contents Part Introduction Life insurance option Comparison of both options Part 2 Share analysis Appendix 1 Table 1 – Life insurance offer Table 2 – Personally managed funds Table 3 – Comparison of both options Appendix 2 Table 4 – Company analysis References Introduction Retirement years are filled with uncertainties especially if the retiree has a medical condition. It therefore makes planning for retirement much more difficult. If I receive $500,000 when I retire then I have to invest it in some way in order to withstand the effects of inflation. There are many options available but some are very risky and at this time...
6 Pages(1500 words)Essay

Money Management Midterm-1

...?Money and Management Midterm By Finance and Accounting of Contents Contents PART I – Pension 4 LockheedMartin Corporation 5 Background information about the company 5 Financial Ratios of Lockheed Martin 5 Earnings per Share 5 Price Earnings Ratio 6 Price per Book 6 Price per Sales 6 Return on Equity 7 Payout Ratio 7 Price per Cash Flow 7 Dividend Yield 7 Altera Corporation 8 Background information about the Company 8 Financial Ratios of Altera Corporations 8 Earnings per Share 8 Price Earnings Ratio 8 Price per Book 9 Price per Sales 9 Return on Equity 9 Payout Ratio 9 Price per Cash Flow 9 Dividend Yield 10 Conclusion 10 List of References 11 PART I – Pension This section intends to carry out an...
6 Pages(1500 words)Essay

Money Management Final-1

...? Finance and Accounting Money Management Table of Contents Introduction 3 Analyzing Risk Profile 3 Investment Experience 4 Risk Tolerance 4 Investment Goals and Objectives 4 Investment Time Horizon 5 Liquidity 5 Age and Income 5 Analyzed: Moderate Risk Profile 5 Asset Allocation 6 Difference between Mutual Funds and Exchange Traded Funds (ETFs) 6 Benefits of Investing in Mutual Funds 7 Risk Management 9 Role and Influence of main actors in Financial Markets 10 Relationship between Macro-economic Forces and Financial Market 11 Financial Instrument: Risk and Benefit 12 Conclusion 13 Bibliography 15 Appendices 16 17 Introduction The initial point in investment strategy is individual risk...
12 Pages(3000 words)Essay

Money Management Final-1

...? MONEY MANAGEMENT FINAL Table of Contents Introduction 4 Risk Profile Analysis 4 Objectives and Asset Mix 5 Determining Time Frame of Investment 5 Money Management through ETF 5 Portfolio Selection 7 Asset Allocation 8 Equity Investment 9 BLDRS Europe 100 ADR Index (ADRU) 9 AdvisorShares WCMBNY Mln Fcsd GR ADR ETF (AADR) 11 Direxion Daily Small Cap Bull 3X Shares (TNA) 12 iPath DJ-UBS Cotton TR Sub-Idx ETN BAL 12 Bond Investment 13 AdvisorShares Peritus High Yield ETF HYLD  13 Franklin Templeton Investment Funds- Templeton Global Aggregate Bond Fund (FTAAEH1) 13 Conclusion and Recommendations 13 References 15 Introduction A portfolio is group of securities such as bonds,...
12 Pages(3000 words)Assignment

Proper Nutrition

... April 26, 2007 Although there is no “one size fits all” approach in nutrition, my suggestions to improve player performance would include: Drink between 20-28 ounces of fluids per hour during exercise. Eat complex carbohydrates instead of simple sugars since they are readily absorbed and provide smooth, steady and reliable energy. Use liquid fuels as the main energy source instead of solids and avoid refined sugar and saturated fats since they are harder to digest and require more time, water, and electrolytes. Replenish electrolytes during exercise, which includes calcium, magnesium, and potassium in addition to salt. Replenish the body with carbohydrates and protein soon after each exercise session to ensure faster recovery... April 26,...
2 Pages(500 words)Essay

Money management

...October 22, Money Management Introduction Retirement years are filled with uncertainties especially if the retiree has a medical condition that needs frequent doctor. It therefore makes planning for retirement much more difficult. If I receive KD 500,000 when I retire then I have to invest it in some way in order to withstand the effects of inflation. There are many options available but some are very risky and at this time of my life I have to think about the certainty of my income. I have therefore decided to consider one of two options – a life insurance investment and a personally managed fund. Option 1 – Life Insurance Fund If I invest the KD 500,000 with a life insurance company...
6 Pages(1500 words)Essay

Money Management

...a favourable return and instead of engaging in frequent trading which would involve high transaction cost the tasks is left to passively managed ETFs at a relatively small fee. IDV ETF On April 16, 2014 the year to date total return on the IDV ETF was 3.95%. If the current trend continues this could return more than 12% for the year. IDV provides exposure to well established and top quality international companies. (See iShares 2014). With this fund I will have access to stocks on various stock exchanges in developed countries. Therefore, I will utilise this investment as a means of expanding my strategy of earning income from international markets. This fund tracks an index which consists of stocks from non-US...
12 Pages(3000 words)Essay

Money Management of Young People

...MONEY MANAGEMENT FOR COLLEGE Attending college Your experience in college has numerous possibilities. It is the first among many steps in your life that will facilitate your career goals. However, securing a tertiary education is an expensive endeavor that requires smart financial management skills. You may have to deal with enormous sums of money as well as smaller denominations. Regardless of the quantity, you need to manage your finances adequately enough to pursue your main objective, which is acquiring an education. Therefore, the main goal of this newsletter is to help college students become financially independent. When you keep your finances...
6 Pages(1500 words)Admission/Application Essay

Proper Management, The Managerial Process

...increased by May 2013 to 300 people who were trained on safety. Good leadership skills include the awareness that the leader does not hold all the solutions to problems and that he or she has to constantly re-educate oneself to sharpen their skills. It is important for any good leader to maintain proper communication channels with the employees to improve the organization as employees are a vital ingredient to the success of any project or organization. As such, leaders at the TRIP program should always strive to meet the needs of the employees through inspiring them and maintaining proper communication to ensure that business runs smoothly and complete the project in the planned time. This is where the...
6 Pages(1500 words)Essay
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Essay on topic The Proper Management of Money for FREE!

Contact Us