Finance & Accounting Essays

Therefore, identification of the performance of banks in the implementation of its tasks can actually present different weaknesses and strengths in banks. Because banks just like any other organization are after financial profitability, they strive to attain this key objective. It is thus essential for them to identify effective variables.

The return of an investment on a stock over a historical period is a vector that has direction and quantity. This assignment has selected four stocks from the S&P 500 index. The stocks are of companies Microsoft Corporation, Apple, Inc., Intel Corporation, and Hewlett-Packard. The objective of this assignment is to study the behavior of return (capital gain) using different statistical tools.

In 1995 the company agreed with the Egyptian Geological Survey and Mining Authority (EGSMA) and the Arab Republic of Egypt to explore gold and base metals in the Eastern Desert of Egypt, including at the Sukari Gold Project (Centamin, 2013). The company enjoys a first-mover advantage in Egypt.

In nutshell, finance has built its foundation across the organization type and has also earned the reputation of being the organizational backbone. In fact, starting from individual to organizational level for any initial expansion or large scale development finance has always been a catalytic accelerator to boost to the objective attainment.

b) An advance magazine subscription collection is reported as unearned subscription. This is the Revenue recognition principle which states that companies are required to

To follow what the CEO wants to be done may be easy for a number of managers and employees but not at all times. When the subordinates including the managers have to do some work that would require their

The third party is the insurance company that pays the second party for the health care services to the first party. Respondent: There are two types of payment; the fee for service reimbursement and the episode of care reimbursement. In

FedEx relies on various strategies for success in the marketplace. The company relies on operation excellence, customer intimacy, and product leadership. According to Thomas and Maurice (2008), businesses that depend on customer intimacy, rely on the quality of their products as their business competitive factor.

The collection of values that give the optimal value constitutes an optimal solution. It is not possible for the two objective functions to give similar optimal values. This is an indication that the two objective functions are not equivalent since they give dissimilar optimal values despite the application of similar constraint values.

Bonds are the debt instruments issued by corporations and governments in order to create liquidity, especially for a specific period of time. At maturity of the specific time period, the bond issuers not only repay the principal amount of debt but also the periodical interest payments to the bondholders (Berk and Martin, 2011).

It was provided on Yahoo Finance and has been used for the calculation of ratios. The details have been shown in the figure below. With these details, the ratios will be calculated. The Net Profit Margin calculated from the above details for the three years has been shown. The Asset turnover is calculated from the above details.

Two factors are central in this concept; present value and future value of money (Homer and Leibowitz, 269-276). One of the important financial decisions that many people make at individual level, is regarding their retirement

On the other hand, net operating cash flow refers to amount that business remains with after deducting its ongoing expenses from the amount set aside to cater for such expenditure. Conversely, amount available in the business after subtracting expenses does not readily reflect net income of the business since several discrepancies contrast the two figures.

The author states that Bear Stearns failed largely because it had spent the previous five years gorging on subprime mortgages in what appeared to be an ever-rising housing market. When home prices started falling and those loans started to go bad, Bear’s creditors got scared and pulled their money out of the investment bank.

Event studies measure the effect of specified events on security value. Event studies try to answer questions on whether a given event matters and whether the relevance of the information is impounded mainly into aspects such as prices. Market capitalization entails a multiplication of the total number that a company owns by the price of each share.

For that reason, international bodies have set up agencies whose primary function is to converge the varying accounting practices. This essay, therefore, focuses on

In spite of the significant amount of research done in this field, only a few conclusive pieces of evidence have been set forth regarding the causal effect of corporate governance disclosure requirements on financial reporting throughout the world. The fundamental rationale behind the above-mentioned fact is the combined endogeneity of accounting systems and governance mechanisms.

Essentially, there are four different types of foreign aid. Each one of these forms is intended to affect a given result for the nation or nations that are giving it as well as the nation or nations that are receiving it. These four different types of foreign aid are contingent upon the following: bilateral aid, multilateral aid, tied aid, and project aid.

By the year 2009, Deutsche Bank Ag achieved 21 percent market share and this elevated in the world economic market (Deutsche Bank in Asia, 32). According to various

Research in management accounting has recently taken an up-scale as scholars and practitioners in this field have realized the importance of the study to various companies, businesses, and learning institutions. It is a fact that an accounting system that is well designed can provide a better competitive advantage to a company than its competitors.

As exports become cheaper and cheaper, the manufacturers will have no reason to cut down on costs hence it is possible that the prices for the goods and commodities will continue to rise. A positive impact perhaps of depreciation will be better current accounts. The high exports will help reduce the deficits of the current accounts. 

After a continuous debate for over a decade, the Saudi Mortgage Law gained approval in 2012. News sources suggest that this approval will encourage various banks to expand their lending facilities in the area of home purchase, as the practice of home purchase through mortgaging has so far been restricted in the country due to Shariah compliances (Bloomberg “Saudi Mortgage Law Opens Kingdom to Home Lending Surge”).

Excluding Defence Science and Technology Laboratory unit, MOD separated all the other DERA’s functional units as a private business entity with the name of QinetiQ (QinetiQ, 2015a). The business headquartered in Farnborough, Hampshire, United Kingdom registered on the London stock exchange as a public-private partnership in 2002.

The business model outlines strategies and approaches that are aimed at generating a sustainable stream of revenue and profits. Managers have to consider several internal as well as external factors before developing a business model. This is because the integration of those factors within the business model is of paramount importance.

The real industry in China is considered an important part of the countries national economy and represents about 78.8% of the industry revenue in the Asia-pacific region. The operations of the firms within this industry are, therefore, immensely influential on the activities of banks and real estate agencies.

Investment in securities by companies ensures that there is an availability of funds and a store of excess temporary cash. This is because the companies through investment with other companies the company earn a return that leads to smooth running and management of the particular company (John, 2008). 

In the novel Animal Farm (Orwell, p. 50), one of the first mantras of the animals after taking over the farm was “Four legs good, two legs bad!” as a way to commit to the memory of the victorious four-footed rebels the first two commandments of the new regime: that men (two-legs) are bad and animals (four legs) are good. 

Bear Stearns an upper-tier US investment bank was only rescued from the crises by the Federal Reserve Bank. (Avgouleas, 2008). In addition, other major investment banks such as Merrill Lynch, Citigroup, UBS, and JPMorgan have all announced negative earnings in their last financial reports as well as plans to lay off a significant number of workers.

Banks are considered as one of the most important institutions in the financial system of any economy therefore their performance also plays a critical role in defining the overall soundness of the financial system. To evaluate the performance of a bank, one must take into account a multi-dimensional approach that must be undertaken to properly evaluate the bank's performance.

The employee must decide for himself how much he values the flexitime being offered by the employer in the package no.2 since the benefits offered by package no. 1 appear to be more attractive.

Each automobile is composed of hundreds of parts that could get damaged. Selling auto parts is a profitable business that has a great demand in the United States and abroad. Auto parts vendors such as AutoZone

The above financial statements have been prepared on the basis of the requirements of the IAS 1 Presentation and Disclosure and further the performance of the company is measured using various profitability

That day came when he breathed his last and his last will and testament was read to us, his family members. He provided well for everyone, he left some money and real estate properties that amounted into the millions. We all felt very lucky that day. It was like manna from heaven. A dream come true.

They purchase the keyboards several times a year and sell them daily. The inventory quantities, purchases and sales for 2007 are shown below. 2-2: Apex bought a new labelling machine for their tinned mushroom division on January 1, 2007 for $ 126,000.

Normally property investment generates a satisfactory return as compared to cash and bonds but has more risk . According to data in Table1, the rate of returns from the year 1992 to 2006 is getting appreciated and the overall average expected rate of return is better than cash or bonds but inevitably results in greater risk or standard deviation.

The author explains that the war in Afghan was highly sponsored by the US government and led by the US Army. The war in Afghanistan was one of the most expensive in history due to the US government’s dedication to dealing with Taliban and find Osama who was the architect of the September 11 attack.

Thesis statement: The 2007-2009 Financial Crisis resulted in unemployment, banking collapse, and decline in international trade. As pointed out, the financial crisis of 2007-2009

If he deems it fit to actually increase this amount by the said 15% he may then do so. After which Jill should ensure that this is communicated to headquarters through the profoma budget that he has prepared. Jill can do this by then stating in the

The public finance initiative (PFI ) is a government prerogative. Under the prerogative, the government can deliver better services to the public. The government enters into contracts with private companies to improve the country’s public service facilities. The PFI helps the government provide better facilities for its constituents. The initiative saves the government huge bank loan amounts.

the creditors and owners). Then free cash flow (FCF) is used in gauging the cash flow beyond that which is necessary for the corporation growth at the current rate. This is because the corporation

This may increase the payout of the creditors in bankruptcy. Another criticism is that the creditors and the debtors can renegotiate the loan or debt contracts through the use of voluntary debt reconstruction. These criticisms can be addressed by

For these reasons, the topic will be of research to determine and explore the independence of auditors in terms of the audit quality, non-audit service fees, and non-audit service (Campbell and Houghton, 2005). Non-audit services are professional services provided by a

The countries are raising their voices for the creation of a central bank. The high potential and naturally gifted part of the world does not have any central bank. A suitable structure for the proposed central bank is provided. It analyzes the point of similarities and dissimilarities between the proposed central bank of GCC and the European Central Bank.

The paper discusses red flags, which may be indications of fraud along with several reports that are helpful in monitoring and reviewing financial records. The accounting system offers businesses with a constant way in which to use their data and financial material. A system of control is essential as it controls the three key partitions.

Being an investment firm, Brewin Dolphin company requires operating in multiple currencies and as a result, it is susceptible to certain systematic and unsystematic risks such as market risk, political risk, and country risk. Market risk primarily comprises interest risk and foreign exchange risk (Clare and Gang, 2010). 

From the assessment of the two calculations, Sally is bound to pay a total personal income tax of US$ 42,240 if she operates as an individual. If she operates as a limited company, the company will pay a corporate tax of US$83,130. This is the basis of decision making, from which it is advisable for sally to avoid registering a limited company.

There are a number of valid arguments for companies that might wish to remove income allocation entirely at the time income has been earned. Most of the firms believe it is costly, complex with the conceptual framework. For this reason, companies that practice effective and efficient methods of decreasing income taxes.

The Shell multi-global company too has initiatives that tend to respond to these concerns. Shell Company is a group of global companies that majors on the provision of energy

Kerr Inc. will lose money if the exchange rate between the US dollar and the Japanese Yen fluctuates negatively during a transaction. For Kerr Inc. to mitigate the adverse fluctuations in the foreign exchange market, the company should manage the foreign exchange risk. The company can manage the foreign exchange risk.

This program was executed at the onset of the 2008 global economic crisis. TARP is considered to be the largest government rescue program in the history of the United States in terms of funds appropriation. The Treasury implemented the rescue program at a time when the financial crisis was threatening to bring down the entire US financial system.