Finance & Accounting Essays

These include Sport England, Big Lottery Fund, Adam Millchip, Archer Trust, Bruce Wake Trust, Caudwell Children Enable Sport program, Challenges Athletes Foundation, Richard Overall

Worthy to note an element of disharmony among stakeholders as they desire different things. The instructor used a good example to illustrate this concept; while customers wish for full-time services, the employees need their leaves. This makes it a complex role for managers in handling the different needs of stakeholders.

Firstly, the rates of return in the case of both shares and the bond have been calculated and shown in the following graph. The return on bonds issued by the company is seen to remain adequately high. The instances of sharp fall in bond returns have been low. This indicates that investors who which to invest in the bonds of Emirates National Bank PJS.

Therefore, the best way to use means is with a large sample size because when the samples are small have has some scores that are higher than the rest, it will be skewed higher as opposed to other scores. In general, the median refers to the middle score from a list of values. It is the point at which one-half of the values are above while the other half is below. 

Japan is a capitalistic country. However, the government still has a significant influence on the major accounting issues. The local constitution mainly emphasizes commercial code, securities, exchange law, and corporation tax law, which is mainly influential and is streamlining the accounting sector ( Tsuji 1995).

The last important point that the management needs to know is that the ABC method is complicated but more accurate to use than the traditional costing method. My recommendation to NENE Limited is that, for more precise costing results, it is necessary to train its members on ABC and adopt it since it has more accurate results though challenging to calculate.

Such costs as presented in the case of this manufacturing organization is the acquisition of the new machinery at a cost of £300K, removal of the old machinery at a cost of £30K and the installation cost of £60K. On

Price/Book Value Ratio: This ratio should be lower for better value but Microsoft’s price/book ratio is greater than the industry. Therefore, market places less value to the book value of the company.

Finding funds to run a music business funding is daunting. As is the case for other businesses, one would expect the immediate source of finance to be credit from financial institutions. However, in his research, Wilson (2001) found that the overall share of bank finance used by music businesses was significantly lower than the average for other small businesses in general.

This has been one of the major steps taken by a number of companies and this clearly brings out the validity and reliability of the article. On the whole, the article has touched upon a number of current issues and has also concentrated on the solutions similar to those that are being presently adopted by companies not only in the US but across all locations.

Gamefly on the other hand wants their customer to save their hard-earned money and spend it wisely while spending it on something expensive at the most apart from it being short-lived if the wrong choice is made. So they want to offer their customer an opportunity to minimize spending on the wrong choice they made and provide them with new chances.

As a social Planner aiming at maximizing social welfare of the majority, I would propose the restaurant be called Exeter Fish. This is because the locals of the area are mostly interested in it since it seems more profitable. This might be because it the local delicacy

The feature documentary “Inside Job”, directed by Charles Ferguson documents the slide of the economy through the acknowledged individuals who speak about the economic crisis of 2008, the various reasons that contributed to the ultimate downfall of the economy, and its impact on the billions of lives and livelihood of the huge number of people.

The author states that the company can also increase or improve on its sales so that however much the payments are, the receipts will still be more in order to for the company to meet its current liabilities. In case of surplus, the company can plough back the surplus into investment and in order to increase future sales.

However, for non-member states, import duties were instituted to limit their influence on the market. The Euro money market is considered as one of the major sources of finance for international transactions through the Eurocurrency or

As a financial auditor, one is expected to realize and assess the inherent risk that is associated with the revenue cycle of the company. Revenue is an important aspect of the business and managers may be tempted to falsify or stretch accounting principles to ensure that these figures are attractive to the investors.

Some risks are; loss of capital and purchases of non profitable securities. Some securities are not registered hence, carry great risks of loss. A woman intends to invest and has her investment portfolio. She may invest in the Standard &

Dlala Holding’s stock price at the close of May 20, 2014, was 15.8. The stock performance was good considering that the industry performance was below Dlala’s reports. The company’s 52-Week high was 21.09 and the low was 13.4. This report implies that the stock performance will be maintained because oil prices have already picked up.

Managerial accounting is affected directly by the business environment, which has recorded dramatic changes over time. There have been changes in the way businesses carry out their activities due to technological advances, the emergence of the internet and the opening of global markets (Heitger, Mowen and Hansen 8). 

The essay highlights the comments of Fisher Black in his article, “Noise” and John M. Keynes in his article, “The state of long-term expectation” in the context of the Efficient Market Hypothesis. In the process, assumptions of the Capital Asset Pricing Model are also elaborated. The assumptions are compared with ideas proposed by Keynes and Black.

The significance of international trade to the business organizations of the UK can be judged in various ways and the benefits that are reaped by such organizations. It is ascertained that due to the conduct of international trade, the business organizations of the UK can visualize a wide variety of goods and services at a reasonable price.

The ‘International Accounting Standards (IAS) were mainly issued during the year 1973. These standards have the aim of ensuring the understanding persistent between the global countries for keeping consistency in terms of business affairs. Later, during the year 2001, IASB and IFRSs were introduced as a common platform.

The couple had already made a decision not to have any more kids. Her part-time job of 20 hours a week, probably so as to have time off for taking care of her young kid, Warren, who is yet to start kindergarten will be affected greatly. The supplementary cash floor from her salary will no longer be there in case of death or permanent disability.

The City of Glendale, Arizona’s Comprehensive Annual Financial Report (CARF) is often presented at the close of each financial year which includes full financial statements in compliance with the generally accepted principles of accounting (GAAP) which is audited by an independent auditor in conformity with the generally accepted auditing standards (GAAS).

The statement explains why I am not keen on pursuing an accountancy route. Although they command a lot of respect in society, accountants do routine work that does not appeal to my desire for constant improvement. Human beings have the capacity to develop an interest in the activities that they are engaged in.

The United States Postal Service (USPS) is also known as the Postal Service or the US mail. This agency was originally known as the United States Post Office Department. The agency was completely controlled and managed by the Federal government of the United States of America. Today, it is an independent agency that has its headquarters in Washington D. C.

She (petitioner) was in contract with the mortgage to continue operating the property and pay net rental received to the mortgagee. In 1932, the property has attracted a principal

The aim of the study was to analyze the Financial Performance of Dart Group PLC in comparison to the competition. Four listed companies (listed on London Stock Exchange) were compared with the main company. The profitability of the firms, liquidity, and operational performance was analyzed by using the Financial Ratio Decomposition Approach.

The author states that the financial institutions are striving to create awareness about the threats associated with mismanagement, which may cause massive loss and grave cases to this industry. The factors affecting financial service industries are external or internal. The financial sectors have a role to play in dealing with the factors affecting them.

The passing if the Security Act of 1933 was the beginning of federal regulation of the securities market. The Act sought to provide fair and full disclosure of the character of securities that are sold in interstate commerce. The rationale for the Act was the belief that the investors in the new issues had been hoodwinked by inadequate disclosure.

The paper studies the impact of the consolidation of banks and its effects on the wealth of the shareholders. Though it is largely thought that consolidation is likely to have a positive effect on the wealth of the shareholders, study has found that it is not the case.

There are several methods of ranking projects and also to provide opinions on whether they should be included for the purpose of capital budgeting, and they are 1. Payback 2. Discounted payback 3. Net Present Value 4.Internal rate of return (IRR) 5.Modified internal rate of return (MIRR) and, lastly, 6.Profitability Index. (Brigham & Ehrhardt 2004).

Globalization refers to the economic integration of goods, services, and financial markets to offer opportunities for governments, businesses, and individuals. Businesses do not only have operations in various countries of the world but need to have bases in them to be able to remain competitive. Integration has given way to opportunities for competition.

The author of the essay states that a positive coefficient indicates that the two variables are positively related and the dependent variable has a direct dependence on the independent variables. The 95% confidence interval indicates the range between which r will lie in 95% of the samples.

So, there are many opinions concerning the world-famed IS-LM model, as well as there is a lot of criticism against it. But the truth is in that the model is alive; it is developed by numerous Hicks’s stalwarts and in spite of a number of objective limitations and implementation problems, it is still widely used for studying the interrelations between the monetary and the real sectors of the economy (Vercelli 20).

Various characteristics of Government Contracting affect legal and competitive Pricing. Innovative techniques should be employed to ensure fairness in pricing to minimize risk to the government (Cibinic, Nash & Nagle, 2006). This is by using contract information that is currently available in the market or history.

A variance is a term used to refer to the difference between the expected results and the actual results. Variance analysis is, therefore, the process through which the difference between actual results and standard results is analyzed. When the actual

On the other hand, the bank’s ability to grow by 25% each year, for a period of five years, is a major strength for the bank. In this case, such growth is not possible without

According to Feldstein (1999), this legality of tax avoidance could reach a point that it will turn out to be an illegality. If any government were to seal or curb these tax avoidance

My course has been a comprehensive introduction to the world of Business. I have completed courses in External Reporting, Internal Reporting, Taxes and Business Decisions, and Principles of Auditing. My passion for numbers (I was the winner of the Math Olympiad in High School in China) has added substantially to my enjoyment of these courses. 

Accounting is the system of recording and summarizing financial statements for a particular financial year. The financial statements must provide a true and fair view. This helps to ascertain the correct financial standing of a company in the market. Social and ethical accounting provides quality assurance to stakeholders and management.

The author of the paper is of the view that a financial audit is essentially conducted to verify the financial statements of a legal entity in order to make an audit opinion about the statements. In this case, the opinion seeks to provide some level of assurance that the statements have been made in line with the given financial framework.

However, the company’s cost of sales in the current year has increased with the increase in turnover. Although the increase in the cost of sales is $1 million, this may be due to several reasons, including increased raw material prices and decreased discounts received compared to the previous year.

The stock index is used to show the performance of the securities exchange on each trading day. Where the change in the index from one day to another shows the movement of the stock and from this, the gains or loss from the stock can be evaluated. The data above is based on the NASDAQ composite index which represents the overall performance of the stock market over the period of ten years. 

Countries and cities have glared at the international media a stiff competition for a place to host mega sports events. The rights to host mega sports events such as the Olympics have been up for grabs all over the globe. The universality of these mega-events all over the world is not in question, and neither is the extent of its domine clearance.

The miscalculation that was made falls on the side of forecasting the long-term agenda. Initially, there was a high demand for the stock because numerous potential customers had believed that the market price of the share would increase hence being in a position to earn profits from the investment (Yegge, 2002).

According to Deegan (2009), Social and environmental audit implies the auditing of organizations environmental and social reporting requirements and reporting thereon going beyond auditing of financial statements. Subject to this case, auditors provide assurance services to the social and environmental operations of the organization. 

Materiality is a concept that guides auditors in auditing the financial statements of an organization. This concept is the backbone of the auditing profession because it is a guide to carrying out auditing activities, and it is the most critical factor in an audit report. Materiality is critical in auditing because it helps auditors to reduce the risk of overlooking misstatements in the financial records.

Transfer the specified properties to the trustee. For real estate, the preparation of a quitclaim deed, from you to the trustee, is required. You then need to apply for the tax ID number, specifically, from the IRS. Nevertheless, the

Return on equity also increased throughout the period indication an increase in profitability, the company is more profitable in 2013 that it was