Finance & Accounting Essays

The author of the paper examines three key issues: the short-run causal relationships amongst the sectors, the long-run relationships amongst the sectors, and the relative degree of homogeneity/endogeneity of each sector. In order to perform this analysis, there were employed, several econometric models.

One of the best ways of determining these returns and risks is the determination of portfolio calculations. A portfolio is any sort of investment group of asset investment that is held by an individual or an organization. In the case of individual assets, the key to making informed investment decisions is based on the understanding of the risks.

This is through the identification of inherent risks that lie in its operations and thus give a recommendation or an action plan of how to curtail such risks (Young, 2003:23). The use of financial audit procedures is, however, a broad process. The audit of financial

The long-term growth forecasted for the firm is likely not to bear the expected fruits. There is a lot of expected competition from the firms being established, and this will reduce the market share. The long-term effect

Experian (2008) defined that a red flag refers to an emerging pattern of practices that can indicate a particular deficiency. The concept of the red flag was highly valued in the auditing discipline. Vona, (2011) maintained that red flags should be addressed via investigation during the audit process to resolve the matter and mitigate the risk of possible fraud.

xceptions. (1) If the taxpayer does not regularly employ a method of accounting which clearly reflects his income, the computation of taxable income shall be made in a manner which, in the opinion of the Commissioner, does clearly reflect income. (2) A taxpayer whose sole

The company has been established in December 2005, and since then, it has been providing voice, data, video and content services over fixed and mobile networks to both end-users and business customers (Gulfbase.com, 2015). The company focused on three major customer segments, consumers, businesses and carriers.

The Learning and Growth perspective of the balanced scorecard for Homebase would include four main targets. The first target is to enhance the skills of all levels of employees in the organization. The KPIs would be the motivation of the employees, focus, and concentration of the employees, and increase in contribution and participation in the jobs 

Company M has been involved in a long-standing patent infringement litigation case with W a competitor in the business. The case involved the following issues: Consideration of a loss estimated within $15 million to $ 20 million with the company settling at $ 17 million as the probable amount range in the year ended December 31, 2007.  

Basically, the movie blames the financial recession on the systemic corruption that was rife in the United States’ financial sector. The film won the Academy Award for Best

Banks play a central role in the economic development of the nation. They finance industries, in order to enable them to operate their business and increase production. Banks provide financial assistance for innovations, new businesses, and agriculture. They are committed to the economic growth of the nation. 

For many decades, man’s existence has been characterized by the existence of different kinds and forms of risks that play a major role in designing how human beings manage and develop various perspectives of the economy and parts of the organization. Risk can be broadly understood as the possibility of something happening that is likely to impact the various organizational objectives.

Marginal Cost is the additional cost that will be incurred in adding one more unit of an item which in this case is one more ECO/561 class. In the same vein, Marginal Revenue is the additional revenue that will be generated by adding one more ECO/561 class. The increase or decrease in the total cost of a production run for making one additional unit of an item.

s given me a head start in many aspects of my academic life in the sense that I have had the opportunity to participate in practical situations in areas related to my accounting field. Besides, I developed the enthusiasm to expand my knowledge particularly in the accounting

Seeking the help of an advisor can help you decipher what you want to do with your life. Taxation is a factor that affects all working adults. Taxes take away money from your gross income, thus tax planning is important to

An analysis of the present financial position of the company indicated that the firm is presently having issues with its profit-making ability and is facing a declining trend in profits. The profits were £131,400 in 2010 and it fell to £149,673 in 2011. The declining trend continued and the profits fell to £121,907 in 2012.

For global money-related focuses, a finer understanding of the drivers of internationalization will offer assistance to guide their arrangements, including posting prerequisites and different regulations. Truth be told, later work proposes that the profits of posting in the U.s. have decreased as of late, unfavorably influencing the matter of worldwide stock trades.

There was a general weakening of the global economy with many large corporations running bankrupt. The US government in an attempt to bail out bankrupt corporations, extended loans, and grants to them and also added to the problem. However, I am not very sure about the very extent of the assistance.

This paper will examine the cause of the real estate bubble hit, with specific reference to Goldman Sachs’s involvement, which was a significant player in the events leading up to the housing sector crisis that rocked the economy of the United States. It will also

Such returns would be needed to be earned from a taxable bond to generate the same after-tax return as a tax-free bond. To compare between a taxable and tax-exempt

Mashreq Bank was founded in the year 1967. The bank is one of the leading “Financial Institutions” of United Arab Emirates (UAE), serving millions of individuals and businesses all around UAE,

The process of globalization is increasingly encouraging trade between different nations. Long before the initiation of the concept of international business, commercial activities were mostly concentrated within the boundaries of a community or a country. Comparative advantage and other famous ideas are behind the push for cross-border trading.

The rate at which the firm’s future anticipated dividends and the current market price are the same is equivalent to the cost of equity. The market price is adjusted according to the required rate of return by individuals and investors in that share. The method requires several inputs like current market price, growth rate, and dividend in the next period.

According to the case study, the accountant faces the technical issue of coercion by his boss to make a contradicting accounting statement in his favor. The transactions have an adverse effect on the financial information of the company because of

A constitution is the rule book for a state. It sets out the fundamental principles by which the state is governed. It describes the main institutions of the state and defines the relationship between these institutions (for example, between the executive, legislature, and judiciary).

Julphar assesses its financial assets for impairment at the end of the reporting period. Those assets are impaired at the carrying amount less or add the present value of estimated future cash flows. Assets that are carried at cost are impaired at asset’s carrying amount the present value of future estimated cash flows. 

Sustainability report plays a significant role as is evidenced by the growing number of companies, which publish the sustainability reports. For instance, between May and August 2004 alone, the number of companies that publish sustainability has increased by 15%. Both the EU and France compels large companies to publish the sustainability reports on an annual basis.

One tactic used by multinationals is to borrow in the local currency of the subsidiary. There is a positive exposure in the case of current liabilities but negative exposure in the case of current assets. As a rule, the weakening of the domestic currency is good news because it means higher sterling proceeds.

Women’s empowerment resulting from access to micro-finance through the BRJ initiative, by which brings change into their lives by challenging existing power relations and enabling them to become economically self-sufficient/reliant and to be able to take control over their generated income and have the ability to make decisions independently.

It is quite important to note that a positive net present value is a desirable outcome. When the NPV is negative a project should be rejected because a company would lose money by accepting such a project. The process to calculate net present value involves the use of present value tables to find the factoring factor. 

As the author of the essay puts it, ACCION International has a mission of eradicating poverty. Reportedly, this organization provided financial services in the form of loans and business training to enable the poor individuals to sustain a decent lifestyle. Additionally, they have developed microfinance institutions that are able to achieve several financial factors.

Considering yourself as the Genesis’ accountant serving the operations management team, do the following: 

Create a set of capital investment guidelines for evaluating planned projects in terms of financial performance. 
Provide guidelines supported by evaluative tools, such as NPV, IRR, MIRR, payback, and breakeven analysis. 
Identify the most appropriate methods for comparing projects of different sizes.

This paper will review the City of Cincinnati’s audited Comprehensive Annual Financial Report (CAFR) for the year ended December 31, 2011. In light of GAAP, management team should

In reference to your request for an explanation on the difference between the accrual and cash methods of accounting, I hereby present this explanation for the difference in revenue. The main difference between the cash basis and accrual basis of accounting is based on the factor of timing when the revenues and expenses are recorded on the income statements.

Additionally, the value of depreciation may be estimated by using different methods such as; straight line method, declining balance and unit of out put method respectively (Financial Accounting Standard Board, para,

The taste of beer is attributable to spring water from a specific stream that flows through the client’s property. While the client has just acquired the property, access to the water was primary to the property’s purchase and led to an additional payment of $ 1 million above the property’s market value. 

It is evidently clear from the discussion that accountability refers to the process of answering to high authorities, at different levels. The code of ethics is a frame of principles which should be abided by when answering to people of higher authority or carrying out activities in different professional situations.

The author states that a financial lifecycle begins with young professional life. At this point, a person will have left university or college and will start their first job; they are normally in their twenties. Some concerns for individuals in this demographic include moving out of their parent’s or roommates houses.

ts to be valued at 0.55 cents per unit for the first 100 units and 0.49 cents units for the remaining 40 units and in total valued at $7460 altogether. Bank reconciliation acts as an internal control because it acts as a check and balance of transactions between the bank and

The role of management accountants specifically concentrates on the two areas that are supporting management decision making and monitoring and control however it is being discussed in the literature and research relating to the corporates that management accountants would be required more than just their traditional roles (Gudrun, John, Hanne, & Robert, 2010).

Students relied on books and printed articles in acquiring knowledge on financial concepts. The internet contains thousands of financial blogs, e-books and online articles, some of which are free to access. In this regard, financial education has been enhanced by information technology through ease and convenient access to relevant information.

The different opinions toward the IMF indicate that there are problems and issues that must be addressed considering the major role it has in the global economy. Countries suffer

The critical analysis of the data resides on the precise data to ensure the practicability and reliability of the paper. Therefore, the purpose of the report is

The arbitrageur sells the comparatively more costly item and uses the amount earned, to buy the comparatively cheaper item. The arbitrager creates a portfolio, which they use to make a risk free profit. For instance, when the current price is

The inflation rate has gradually increased from an average value of -0.2 to 1.7 for the past five years. This has resulted because of the change in value of goods’ production costs and appreciation of the currency (Jaeger, 1999). The rate of

As a pure investor, I must balance the risks and benefits associated with any type of stock purchased. Based on the Portfolio Theory, it is clear that the combination of assets that are not closely tied in terms of appreciation and depreciation allows investors to limit the risks they expose their investments to different industries.

The traditional costing method relies on the volume of a cost driver including direct materials, machine hours and labour time consumed in producing an item when assigning manufacturing overhead. On the other hand, activity-based costing apportions the costs

The probabilities are derived from likelihood ratio tests. Firm X, which is not in the original sample, has values of: Return on capital employed: – 0.1; Gearing: + 0.6; Turnover ratio: + 1.5; Current ratio: – 0.1; Retained earnings/total assets: – 0.4. State whether gearing is a dependent variable or an independent variable of the logistic regression.

The company will face a challenge in the coordination of its activities. Consolidation of services allows the service providers of the company to provide a leveraged economy of scale and reusable elements. It calls for services to be delivered from a well-managed facility that gives support to all customers via a common platform of configuration.  

In such an event, therefore, the company can apply for a tax relief from the IRS. Noting an NOL is quite easy, there is a high possibility that a firm has an NOL if the deductions for a certain year are more