Finance & Accounting Essays

The methodology adopted for any research is usually determined by the nature of the research question. This proposed dissertation is premised on the existence of a direct causal relationship between Islamic banking policies and the banks’ resilience during the global financial crisis. This causal relationship can be rightly identified and its validity tested hypothetically.

The company has developed a favorable corporate image based on innovation and a high level of technological advancements. The company plans to commit a substantial amount of funds toward the acquisition of an automatic crane that replaces the old one. The central issues in

The study has demonstrated the effect of external environmental factors on the performance of organizations in the UK soft drink market. The analysis of the competitive environment has evaluated the effects of competitors and new business ventures within the market. It has also illustrated the buyer and supplier power in the market.

Multinational corporations face diverse risks. Multinational Corporations execute various functions in the foreign exchange market such as the provision of different methods of foreign investment and promotion of exports and exports. Other functions include the promotion of technology transfer and expansion of market coverage.

In the same way, effective presentation is linked with the utilization of efficient communication sources that are favorable for the public as consumers and representatives of any company can communicate with each other easily and comfortably.

Established in the United Kingdom, Egg is the first online bank in the country. It was operated under the name of Prudential as a subsidiary of Citigroup. The company was re-launched in 1996 by the name of Egg Bank. It is purely an online bank in that an account can only be operated from the internet or through their call center.

The main components to the financial statements are with the inclusion of income statement, balance sheet, changes in equity statement with a focus on changes in equity in entirety or changes in equity apart from those occurring due to the transactions with holders of equity, statements of cash flows, and lastly, notes to the statements. 

The only limitation is that the company’s share ought to be quoted on the stock exchange and anticipates detailed share price data. The drawbacks include beta being assumed to remain stable over time which is not true. It fluctuates continuously, therefore; to account for it as invariable could direct to faulty conclusions.

As such, every company needs to stay on top and monitor the risks associated with fraudulent employee activities. There are various procedures,

3. Although appealing to more refined tastes, art as a collectible has not always performed so profitably. During 2003, a sculpture was sold at auction for a price of $10,316,500. Unfortunately for the previous owner, he had purchased it in 1999 at a price of

Apollo Shoes shows a decrease in net cash flow from 2005 to 2006. It needs to show an increase in the years to come so that the company will not go bankrupt. However, Apollo Shoes, Inc. shows that the company’s cash expenditures

The report will deal with Coca Cola Company. A transaction exposure is one that is useful in measuring the changes that are prevalent in the cost of financial obligations that are outstanding before exchange rates changes. In coca cola Company, such an

usually not capable of insuring themselves in an economy that is expected to perform poorer in the future, since they expect to earn less income when the bad situation sets in. The savings that are set aside acts like a precautionary measure against future income fluctuations.

Drastic increase in accounts receivables is not only causing an increase in days sales outstanding but also increasing bad debt expenses of the

This is where bankers are hired to value the stock for sale after which investors are allowed to buy stocks and trade them directly either between themselves or with secondary market. There are various categories of stocks.

The figures one gets will help inform if one is going to continue with the project or not, this profitability is shown by positive NVP. From the calculations above, the NPV is a

In order to accomplish the main objective of this paper, two firms with capitalized stocks were selected: Exxon and Berkshire. The stocks of Exxon and Berkshire were the main data to be used in analysis and discussions. 10-years (from 2003 to 2013) of monthly stock price history for both Exxon and Berkshire were obtained from Yahoo Finance.

The Sarbanes-Oxley act (SOX) outlines new reforms made in the financial industry that stresses the importance of setting up a corporate board of directors that will comprise the majority of independent directors whose primary responsibility will be to oversee audits, executive compensation, and nomination of new independent directors. The reforms under the SOX act mandate the practices specified.

Once the individual items of the balance sheet of Showcard have been verified, the assurance has to be obtained as to correct classification of it. All such property, plant and equipment must be removed from the group’s financial statements. None of the profits of Showcard after its sale should be included in the income statement of the Group.

any, we notice that there is a deficiency in the working capital model which is the financial model that aids in the monitoring of the day to day expenditure of the company. In fact, the company dwells on the future fixed investment as opposed to the current working capital. On

As a result of their opinion, we will decide if it is a parable, reasonably possible, or remote contingent liability. Obtain a letter from McKenna, Harmon & Jacobs regarding the performance of legal services for the Winery at Chateau Americana. Analyze legal expenses for the period under audit, and review invoices and statements.

Additionally, for the quality performance of an organization, the working capital (current assets/ current liabilities) is greater than one (Drury, 1992; Horngren, 1999). Every

There has been considerable growth in globalization in the last decade. Trade and investments across borders have increased greatly that have helped shape the economies of various nations. It has become highly important for organizations to remain transparent, comparable, and reliable in terms of providing financial information.

The main aim of all pension plans is to provide a fixed level of consumption at the time of retirement. Different pension plans differ in their structure, however, they some common

Precisely, companies or organizations which are operating in an energy Sector primarily encompasses their operations pertaining to the engagement in exploration & production activities, marketing, refining, and refilling procedures, along with the most ancillary objectives of storage and transportation of oil, gas, coal, and related consumables and disposable fuel products (Bhattacharyya, 2007).

There are various reasons why businesses fail and one of the reasons is inappropriate financial management. One of the tough decisions regarding financial management that organizations have to take is to decide the amount of cash the organization should invest in the business and the amount of money it should keep in hand. In order to solve this issue the organization can develop a safety net.

The Organizations that understand their various links with society members they work with and their effects on the environment are likely to flourish in the end. Gilbert et al. noted that reporting on the environmental performance of the business benefits them in many ways such as motivating internal and external citizens to invest in the business.

I was also able to record, keep monitoring and present report on transactions associated with a particular custodian of the firm’s accounts and keep accurate reports on all portfolio activity. Through the internship, I have gained sufficient experience in the development and utilization of specific methodologies and practices to manage investment accounts, stock, bonds, and securities.

In light of the varying accounting practices in different countries, the International Finance and Reporting Standards have established guiding principles to facilitate the convergence of the international accounting practices and to improve the quality of the information presented to different users. The IFRS achieves convergence in accounting practices.

In analyzing the stock market, a number of factors play a major role. These include the volatility aspects of a stock, its daily price fluctuations and the volumes traded. Developing a graphical representation of the price variations and the volumes provides investors with an easy way of doing technical analysis to indicate the direction to take.

The cost model of measuring the value of assets after recognition involves capitalization of an asset after which the model requires the carrying cost of the asset must be measured as cost subtracting accumulated depreciation and the ultimate impairment of the asset. It is similar to the inventory's lower of cost or market concept in this model.

Therefore the balance of payment takes in to account all the external non visible and visible trade transactions of United Kingdom during a given year (Park 2004, p. 31). It

The risks that can be faced by such a project are numerous, and here it highlights the major risk factors that may either slow down the project or lead to its not being completed at all. First is inadequate personnel with relevant skills to undertake a given task, getting the right personnel is a very important factor in project management.

Walmart and Lowe's aren't owned by the same company. Both trades publicly on the stock market, but their stocks aren't interchangeable. If there were a company that owned both Walmart and Lowe's, it'd have to be a holding company with a majority stake.

Banz in 1981 challenged the relevance of CAPM with empirical evidence showing stocks of smaller firms earning a higher return than forecast by the CAPM. This, however, was glossed over by academia, which opined that CAPM was only an abstraction from reality and it was too much to expect it to be exact all the time.

This automatically implies that scale economies will result from this, which in turn will bring about cost reduction in the long run. Factors working behind the adoption of information and communication technologies by the banking sector are – competition, globalization, operational risks, cost reduction, time to market, surging volumes, e-commerce. 

For example, if we divide sales done by a firm during a financial period with the total assets held by it during the same period the resulting ratio tells us the efficiency in use of company’s assets to generate sales. Vertical analysis helps is analyzing a financial

It is difficult for people living among these countries to raise money for their personal or business use as they have little from their savings and have no credit history based

The additional information if included in the main report would cloud the data in it and hence decrease the efficiency of the report. But the same additional information in the form of footnotes can lead to better clarity and understanding of the financial statement

The financial industry is a significant industry that plays a critical role in the economy of different countries across the world. The history of banking is an old and varied history that started in the 14th century BC. The Islamic banking and finance processes started during medieval times when it was recognized that the existing modes of banking and finance were violating Islamic laws.

In an industry in order to produce the final output, large numbers of expenses are incurred. The cost of production not only includes prime costs but also variable costs and overhead expenses. In simpler words, it can be explained that absorption costing is a method by which fixed costs and variable expenses are apportioned to individual products.

The company’s business strength lies on several supply chain factors. The Hewlett Packard garage contributed to the financially successful Silicon Valley information technology industry. Hewlett Packard is one of

With a 600-bed capacity, 80% of the revenue is obtained from inpatient services and the rest from other outpatient services such as emergency services. In addition to quality healthcare, another objective is to remain profitable and sustainable financial management (Koop, 2006).  In order to do so, the Chief Financial Officer decided to monitor the cash flows; both inflows and outflows using the Generally Accepted Accounting Principles. 

e New York City Five year Financial Plan (Revenues and expenditure) presented in June 2012 can be evaluated so as to get the view of financial condition of the city. The financial forecast in based on the past performance of New York City. The taxes as well as the revenues are

On the other hand, they may borrow to meet such deadlines, but the most common practice is to invest in things that have high liquidity as this is more feasible than borrowing. Consequently, the following report is aimed at explaining two significant elements of the financial market; the money market and the capital market.

There are two broad categories of employer pension programs (also popularly referred to as retirement benefits plans). These are the defined contribution plans and defined benefits plans. The two are substantially different, and each has its unique features and characteristics. Recently, there has been a recognizable shift in preference of defined contribution plans to defined benefits plans (Kruse 1995).

The arguments will show that it was successful in mitigating the impact of the recession. It will also evaluate the policies that Federal Reserve used to fix the recession to explain why it was effective in the same. The research arguments will be derived from published articles, credible websites, and datasets all for authenticity.

Revenue cycle management procedures in hospitals have earned a lot of importance in the current hospital business environment. Many hospitals receive great challenges from stricter regulations and billing requirements, more thorough preauthorization and precertification, underpayments, and greater delays in payments.

The choice of equity financing over a debt in many corporate decisions owes to the relative flexibility and lighter financial obligations under such an arrangement. However, deeper investigations on the two financing models reveal marked advantages

EVA stands as a benchmark for gauging performance and being able to discern what exact direction the entity may be taking. The essence of EVA is to still have profit margins after satisfying the company’s capital costs. In doing so, it focuses on the capital employed and manages to assess how effective the firm’s ability to maximize the resources available.