Finance & Accounting Essays

Basically it targets bringing about the excess amount of disposable funds from the borrowers and lending them out to the potential investors to bring about better investment opportunities in the economy and hence help it to develop in a healthier way. The more robust the financial system of a nation is, i.e., the greater the efficiency with which it can mobilize the resources in the economy.

Intercompany pricing requirements are also not consistent across standards, multinational companies pick and choose those options that would help them in reducing the tax burden by suitably modifying profits. None of this is illegal, however, but the hapless investors are often unable to make an informed decision. Australia and New Zealand have switched over to IAS with minor modifications to suit the special requirements of their economies.

Therefore, the concrete argument will be based on the banking crisis and how it has affected the economy. High-risk trading practices in financial products especially the securitization of assets demonstrate the role of effective banking regulation. Cannon and Warren-Smith emphasize that normal practices in banking have been abandoned.

This study would include an analysis of two most famous American automakers General Motors and Ford. Ford Motors is the third largest automaker in USA and the fifth largest in the world. The company is based in Michigan, and it has about 164,000 employees around the world.

To be relevant in a business organization, a company must initiate the culture of innovation among its employees. Patel and Pate (2008) observe that the market demand and competition constantly change, and to sustain the growth of a company, the

The majority of us do not want mundane jobs (Lyons, 2010). We do not want to be poor. For us to be successful in life, we need to overcome the difficulty that prevails when we try to focus our minds on a specific goal. It is said that a person can do anything he or she put his or her mind to. Having come across this statement, I took my time to reflect on what I wanted to achieve in my life.

As opposed to the accrual method of accounting, the cash basis of accounting is one that is not desirable for most organizations, because it does not match income to expenses which produces the income. The cash basis of accounting only recognizes income when cash is received, and expenses when cash is disbursed.

The author states that the Income Statement made a net profit before tax of £41,873 after taking into account the following information: Interest received on company savings account makes up £136,300; Motor Expenses (includes the cost of running the company car which is also used by Melissa privately for approximately 20% of the time) makes up £1,500.

The business would need four tiers of staff. The lowermost tier would consist of the customer contact staff that would take care of the customers and would be involved in a variety of activities like the serving of the ice creams, billing of the products as well as the general activities that need to be undertaken to run an ice cream store.

Financial statement analysis is a useful tool that is used by the investors of a company. The financial analysis can be done by the use of horizontal and vertical analysis or the use of ratio analysis. The analysis that is done on a company is usually helpful to all the stakeholders that are involved in the company.

Altman applied statistical method of discriminant analysis to test the probability of corporate failure for publicly held companies. Altman’s Z-score is important as it helps in establishing the

Therefore, the company can opt for debentures, bank loans and selling it shares as effective long term financing methods (Higgins, 2008). Debentures can be a useful form of long term financing. Debentures are a type of loan stocks. Debentures and loan stocks are referred to as bonds in the United Kingdom.

Sox changed the manner in which companies are run in several ways. First, the act let to greater requirement to have robust internal

The author states that fixing the debt ceiling is a significantly important macroeconomic factor for the country. The debt ceiling does not directly manage the national deficit. The debt ceiling crisis of 2011 was a significantly debated topic in the US Congress. The matter was an important subject of substantial political debate in the country.

Finding the P/E ratios of a company high, investors foresee the possibility of overpricing the company’s stock. Extremely lower earnings per share compared to the shares’ price lead to a high P/E ratio. Overpricing of a company’s shares builds an impression on the potential investors that the shares have low intrinsic value.

Although the central bank’s role in controlling inflation and ensuring that the economy runs smoothly is commendable, the problem occurs when it operates as the lender of last resort. Financial institutions ‘ability to easily access

The ABC approach traces the resource consumption levels, and also ensures the costing of the final outputs. The resources are allocated to the activities, and the activities are allocated to cost objects according to the consumption

Mary has a long-term goal of starting a day-spa resort with her sister Martha. She planned to open a resort in central coast area. After she has been offered a retirement package from her employer, they started to implement the business plan and came across a building situated on the central coast.

The main competitors of Northern Foods Plc are Nestle, Uniq, and United Biscuits whereas Nestle has a global presence in most of the countries and has strong potential to compete in different brands of Northern Foods Plc. To highlight, the essay covers major aspects of Northern Foods plc’s financial position.  

The accounting profession is mostly self-regulated and its practitioners have to abide by the generally accepted accounting principles. Three accounting topics that will be analyzed and discussed in this term paper are financial statements, the Sarbanes

We first determine whether an event is worthy of recording as a financial transaction, then record it in a general or special journal, transfer it to a ledger and a trial balance and then classify it at year end into an income statement or balance

An operating budget should be ready for an annual operational cycle. Types of operating budgets include; the sales budget, production budget, labour budget. Capital budgets in a company use up a lot of money in catering for

Ethics relate to moral course of actions taken by individuals. While it is easy to distinguish some actions as ethical or unethical, there are others that pose difficulties in terms of deciding the right course of action for specific situations. Most ethical dilemmas center on the short term consequences and the probability of undesirable consequences in the long run.

Walton’s business began in 1945 in Arkansas. At the time, he purchased a small Ben Franklin store that was 5,000 square feet. It was unknown store at the time and the town was very small, so there were challenges to

Reserves are allocated over time to cater for the losses. The method used to value inventories is the market value or other lower valuation depending on the market waves. Through FIFO method of dispatching inventories, technology is not obsolete. The old

The Current generation is characterized by various modes of funding that range from the private sector to the governmental sector. The modus of Operandi of such financial organs differ from one organization to another; this is majorly attributed to the differences in the goals and objectives of such financial organs.

Since its inception, IBM is well known for the quality of its products and services. In 2012, it was ranked as the 2nd largest firm in terms of the number of employees which is around 435,000 globally, the 4th biggest firm in terms of market capitalization, the 9th most profitable company, and the 19th in the list of the highest revenue.

The company is small means that the cost of acquiring it is a bit low therefore Hershey Company will incur low costs of acquiring (Gaughan, 2010). The merger of the two companies will lead to the growth of this small company by increasing the economic demand. Hershey Company will benefit from diversification.

The aim of this academic article was to provide a critique on the topic based on the information from Reporting and Disclosure in the text, International Accounting seventh edition by Fredrick D.S. Choi and Gary K. Meek. The critiques were embedded in Financial Reporting Disclosure Practices Particular Case of Fair Value Measurement.

Income statements are essential in determining the financial status of a business, as well as, predicting future growth. Income statements are prepared by accounting for all types of incomes, sales, revenues, expenses, and costs. The net income is the most important value because it indicates the profit leftovers after deducting all expenses in a financial year.

at there should be a clear cut role for all the executive statutes within an institution and likewise a form of accountability to follow up on the requisite success of the entire body. Unitary board of governance that checks the financial obligation of the institution. The

It involved working for 12 hours from Monday to Thursday. However, Fridays were associated with short working durations. The internship program has made me gain valuable experience in the job sector. In

This analytical report takes to account the budget analysis of West Virginia as a local government to the people that resides in it. With reference to this issue, it will review the budgetary process, provide a description of the operating and capital budgets and then make an overview of the sources of revenue. 

Most of the studies have been carried out in the USA and the developed world. Very little has been done in developing countries. Studies on audit quality have focused on the status of audit quality, the factors that influence the audit quality as well as the consequences of audit quality on a number of variables. Some of the studies are reviewed in this section. 

Sustainability in the realm of a business environment refers to the holistic methodology of management. In business, three foremost sustainability concerns arise relating to environmental, financial, and social concerns. Sustainability aims at embedding better commercial practices of governance, making ethical organizations, and augmenting social, environmental, and economic responsibilities.

Upon focusing on the level of performance of the entire investments made, the investments are creating significant returns and working well in the market. The first area of performance is the performance observed by looking at the overall performance. The data indicates that total returns are at 3.79, which is a good figure to consider while making a decision to make more investments.

A bond is a debt instrument issued by companies or government bodies to borrow money for a fixed period of time. The interest rate, called the coupon rate is fixed close to the prevailing interest rates. Some bonds may offer variable coupon rates. Bonds issued by government bodies and financially strong companies would have lower coupon rates.

I would recommend that the clinic raise their costs to $1 per patient. That would have the clinic breaking even. It is not cost-efficient to shut the clinic due to the rental agreement. This would help sustain the clinic. A raise of $2 per patient would make the clinic profitable. $1 per patient would generate a $45 profit a day.  

Hobbies: I like reading Classic Russian literature. I have always been fond of studies. I want to keep nurturing my hobby of learning. I am ambitious to acquaint myself with enormous knowledge before going back to Azerbaijan and taking up a full-time job so that I may be able to apply the knowledge I developed over the years in my professional life. 

 The analysis in the previous stage assumed that the level of risk is equal in all the countries. In reality, the risk perception is different. If there is a difference, then there should be a risk premium for the lenders and investors, that is, an increased interest rate for the purpose of compensating them for taking higher risk. 

In order to analyse Can Go’s financial strengths and weaknesses, in comparison to the industry average ratio, this paper will analyse the leverage, profitability and efficiency aspects of the company.

Price Analysis Techniques usually involve a great deal of comparison, either with similar items and catalog prices or with own estimates of costs (Murphy 2009). When it comes to finding the most reasonable price for your required good or service, a consumer has a number of different choices of methods to conduct price analysis.

In order to produce each product type separate labor requirements from departments A, B, and C are required at different stages of production in order to complete the production of each product type. Additionally, each product type has a different variable cost rate for each unit manufactured.

The cost incurred by the company for raising equity is in the form of allocation of profits by the company to its shareholders and in the form of dividend payments to the equity-holders (Pratt, 2003). The cost of equity is calculated is calculated

Ideally, Sam and Judy are newly married and at this point, they are establishing themselves to gain financial freedom. Notably, they are living in Sam’s

The Sarbanes-Oxley Act of 2002 helps keep track of the financial accounting and accountability of the responsible. Being integrally related to and vested in accounting, accuracy of financial reporting is

The analysis using appropriate ratios will be undertaken in the light of the general and economic and industry-specific contexts.  The company's ratios will be compared to its competitors in the industry using the averages available to enhance analysis. There is a need to compare the company to its competitors measure whether the company is performing well in the industry.

The group is striving to incorporate its values and culture that aims at running the Group as one bank across different countries. In addition, it is committed to building a consistent performance through incorporating the corporate strategy into products and services, business models, and involvement in corporate social responsibility to the communities.

Bertrand Russell in his book The Study of Mathematics wrote “Mathematics, rightly viewed, possesses not only truth, but supreme beauty—a beauty cold and austere, like that of sculpture, without appeal to any part of our weaker nature, without the gorgeous trappings of painting or music, yet sublimely pure, and capable of a stern perfection such as only the greatest art can show” (p.83).

Accounting in the organization deals with the payable and the receivables in the organization while operations deal with the inventory as well as financial management of the firm. Financial management further determines how funds are utilized on fixed assets and the preparation of dividend strategies that correspond to the goals of the company.