Finance & Accounting Essays

Tax analysts believe that the issue of tax is a problem that most businesses have to deal with. However, as earlier stated, corporate taxes are much lower than income tax rates. When a sole trader’s business is incorporated, it implies that shares limit the company. There is usually a procedure to be followed when this is done.

The educational level that I have attained meets the criteria set out by the board. I have attained a bachelor’s degree, which matches the essential education required from the pensions assistant. Furthermore, the board has not specified the training background that potential pension assistants need to have. This gives me an automatic qualification in the educational requirement.

Students are vulnerable to marketers and it is obvious that credit card companies want to ‘get’ this class of customers early in their lives so they’d become long term customers for the credit card company. If the students develop a habit of shopping on credit then it will be very hard to get rid of this behavior.

$34500 Wages that have already been paid to employees are outgoing for the operating business, which can be deducted from assessable income, as well as $2400, even though this amount has not been paid yet, but the services have been provided by employees, and it can still be regarded as outgoing. Total can claim a deduction of $36900.

The basic assumption is that volume of the goods produced is the only driver of the manufacturing costs. Contrastingly, Under the Activity based costing (ABC) system; companies

Accountancy is concerned with storing financial records, recording transactions, analyzing financial data for management, and giving advice regarding taxation matters. These actions reveal losses or profits made, as well as the value and nature of an organization’s liabilities, assets, or equity. This paper describes an overview of sources.

The company was established on 26th May 1993 (Reed Business Information Limited, 2014). It is listed on the mainboard in Singapore Exchange Securities Trading Limited, since 6th December 2001. The parent company of CAO is China National Aviation Fuel Group Corporation (CNAF), which is the largest state-owned enterprise in the PRC region (Prima Professional, n.d).

1. Economy- The economy can affect the actual sales volume of a company. This is because a budget is usually put in place a few months or weeks before the actual sales takes place. That means that the economy can be affected by the forces of supply

Education shall contribute towards adding awareness regarding PLS financing, bringing about loyalty among customers. Such promotion shall require a high degree of effort. Until then, the only obvious and prompt solution toward radical development of Islamic finance can come from steps toward medium and large corporations.

Critics mainly claim that fair value accounting makes the firm experience advantage in boom periods but during the recession, it makes them experience excessive write-downs. This has resulted in huge debates concerning the advantages and disadvantages of fair value accounting (Laux and Leuz, 2009, pp. 826—834).

Although such an infrastructure offers considerable assistance in resource accumulation to the economy, it also makes the country vulnerable to international turmoil such as

The net profit margin fluctuated from 2010 to 2013, with the highest value being 4.58% in 2011. The positive net profit margin indicates that the company managed to control its financing and operating expenses effectively in the four years (Sutton, 2004). The industry average net profit is 6%, indicating that the company is below average in terms of net profit.

The principal agent theory tempts to explain this situation, but fails to account for the fact that consequences of the managers decision do not only result from conflict of interest. Remarkably, managers get involved in literally unethical or

Corporate governance is a system of practices, processes, and rules that direct or control a company or an organization. It essentially involves considering the interests of a company’s stakeholders. These stakeholders include the management, shareholders, suppliers, customers, government, financiers, and the community (Martin, 2006).

e for hitting the boxing bags lesser cotton are needed, for pads, more cotton would be put inside the synthetic fabric and most cotton would be used if the gloves are for spurring (Ballard 9). Thus, as a prospective entrant into the business, the most reliable and important

In 2014 Anheuser Bush had a net margin of 24.01%, a figure that is superior to Brown-foreman by 7.31%. Return on assets (ROA) measures how effective management has been at employing their assets to generate profits.

The author states that Hoad Limited on the decision to expansion faced the same challenge. The Company also had been operating in a country with an under-developed stock of exchange. There has been therefore the need to carry out research to look into the ways that the firm can maintain its development to a high level.

XBRL (Extensible Business Reporting Language) recently is becoming the standard for reporting accounting data and improving the efficiency of accounting information systems. XBRL itself can be observed as just a language that enables the preparation, investigation, and communication of business information.

This essay demonstrates that it is important to reduce the gap between the projected budgets with the actual budget so that you avoid the financial crisis in the end. Also, this is to avoid the idea of going beyond the limit covered by the taxpayers on the money spent on athletics by the university.

Do uncertainties arise in the course of establishing the size of an investment? Technically, evaluating and analyzing these alternatives become valuable and necessary in any circumstance. It is a tangible way of having a constructive approach to solving the uncertainty brought about by these options. How are real options evaluated?

Accounting standards are a set of uniform rules that are required to be followed while making the financial reports. These standards deal with various methods of treating accounting problems according to their nature and context. The need for a distinct accounting standard was felt by the business institutions' long back. 

Over the last few years, the financial markets especially the stock markets have grown significantly in the emerging economies. Stock markets are considered as one of the primary sources to raise money for the companies. The higher liquidity of securities in this market appears as one of the major reasons which have made stock markets.

With increasing competitive pressure in French and Spanish market, presence in emerging markets can offer significant benefits. In the wake of the stronger probability for growth in the emerging markets, relocating to such

The new global economy requires that organizations continuously adopt and adapt to the ever-changing global climate. Investors and analysts are also becoming global. It is very common practice for investors to hold portfolios with securities based in many different economies. Thus international financial institutions have expanded into many different markets and economies.

Estate planning requires taking stock of one’s assets and putting them in writing and then indicating whom you want to inherit those

It is normally arrived at by dividing the net income by total assets. Capital generated either from the equity holders or debt from financial institution is used to acquire assets. In effect assets are a direct derivation from capital employed. This

One example of a fraud case that I am aware of comes from the United Arab Emirate (UAE) National Bank organization. An elderly UAE national was surprised to find that 13 million dirhams (about 3.5 million United States dollars) were missing from his bank account. He immediately filed a complaint that would eventually expose a scandal.

While describing the fundamental analysis of any stock, Arnold emphasizes factors that play a critical role in deciding whether the stock is fit for investment. Some of the basics of fundamental analysis include qualitative and quantitative factors that decide the intrinsic value of the company. Fundamental analysis deals not only with the stock but the industry itself and the economy as a whole.

Nike, Inc. is publicly traded multinational companies that is engaged in design, manufacture and market and sell sports oriented products like apparel, foot-ware, accessories, equipments, and services. The shares of Nike are traded in NYSE and it is

This document provides the background to the outcome of the previous feasibility study conducted for the ABC Development project of an imaginary housing development. The paper is mandated to give an overview and a discussion of the wrong feasibility study report conducted before. It indicates the limited nature of how the research was conducted in terms of budgeting, planning, forecasting, and cash flow projection.

A higher ratio reflects high sales. Since a grocery deals with fast moving goods, which are perishable, we expect the stock turnover to be higher. In this case then B is the grocery store and A is of manufacturing concern. A company performance is mostly

The factory machinery in Spain of ZARA, a major designer, manufacturer, and retailer of fashionable clothing is reported to operate at only about 50% of its productive capability. There are quite a number of financial disadvantages that are likely to be experienced for operating below productive capacity.

eam of dividends during the high growth phase, which grows at gs (the short-term growth rate) and the present value of the dividend stream growing in perpetuity at gL (the long-term growth rate) Ragan’s current P/E of 7.21x compared to the Industry P/E of 12.27x indicates

The objective of this study was to assess the importance of management accountants in the current scenario of organizational behavioral performances. In accordance, the example of Tesco Plc was considered in order to obtain a critical understanding of the roles played by management accountants today and their implications in maintaining organizational sustainability in the 21st-century context.

Activity Based Costing (ABC) is a method of costing that involves the identification of the key activities within an organization and then assigns each of these identified costs of the activities with their resources to all the goods and services of a company according to the consumption level of each of the products or services.

Higher ROI means that the investment center utilized a small portion of the invested assets to generate greater operating income as opposed to lower ROI which would mean that more invested assets were used to generate a similar or lower operating income.

The increased growth in regulation reflects the fact that when possible defects in the world markets are identified such as the crash of the stock market in the year 1929, it is often easy to assume that regulatory measures are required to make the situation right. Although a conclusion can be justified, it can also be far-fetched and gratuitous.

The concept of critical analysis and subjectivity and objectivity apply in my professional life in terms of assessing all aspects before making decisions on taking or dropping offers or venture g into a certain activity. This applies in my personal life as well since it can help me in deciding by first assessing the different eventualities

IAS 17 document entails the objective, scope, classification of leases, sale and leaseback transactions, and transitional provisions. In addition, IAS also prescribes for leases within the financial statements of both the lessees and lessors (Barth et al., 2008). The prescriptions capture both financial leases and operating leases.

The accounting staff of a corporation is responsible for the preparation of financial statements. An accounting period typically is composed of one year in time. Within the income statement, there is information regarding the revenues and expenses of a company. Sales or revenues are generated when a company sells a product or service.

When interest rates are higher, the demand for loanable fund is lower than when the interest rates are lower. Interest regulates the prices of loanable funds, while the price of loanable fund

The population of the study refers to all people within the research setting with whom there is some level of possibility of including in the sample size. For this study, the research setting used US and UK banks. Through two major sources which were ExecuComp and BoardEx, the researcher identified more than 300 banks in UK and 700 banks in the US.

Operational planning helps the organization direct its employees to carry out the day-to-day tasks required in realizing the strategic goals. Through operational planning, organizations understand the resources required in completing the various tasks, the persons to carry out the specific tasks, and the durations needed to complete the tasks.  

The fraud exposed the corporation and it was realized that their reported financial condition was sustained considerably by an institutionalized, methodological, systematic, and crafted planned accounting fraud, which was to be known as the Enron scandal. The corporation did this through a complicated arrangement of special purpose entities they referred to as the Raptors.

Safelite Auto glass is a company in the United States that was the largest player in the auto glass industry in 1993. It was founded in 1947 and has since grown tremendously. For example, from 1987 to 1989, the company managed to open 255 more stores. However, day in and day out the productivity of the company’s installers continued to decrease.

According to Keynesians the national income comprises of five components. The components are consumption, investment, government expenditure, and net exports. From the Keynesian identity, it can be deduced that the current account deficit is caused by the reduction of private spending and a large budget deficit. 

Enron is one of the key examples of unethical financial behavior. Enron was an American energy and commodities company that was found guilty of systematic and well-planned accounting fraud. Enron established several limited liability special purpose entities which kept inflating its stock price until the scandal was discovered.

The author claims that an accounts payable specialist must determine which invoices should be paid first depending on the potential for cash discounts and payment terms. His other duties include processing check requests; auditing and processing credit card bills; matching invoices to checks; obtaining all signatures for checks.

Coy (2012) also points out that in most cases borrowing a loan to obtain a college education pays off in the long run as salaries for college/university graduates are much higher than that for high school graduates. It is, therefore, beneficial in that regard and so students’ loan is not a bad debt to have.

Return on stock is influenced by various factors, among them including the size of a firm, book-to-market ratio, and beta. In addition, different regions of the world have exhibited different patterns in regard to stock return depending on the prevailing market conditions during a particular time (Zhang, Shu and Brenner, 2010).