Finance & Accounting Essays

Funds provided by the provincial government to the NSD are equally distributed among the three regional schools. The funds are allocated to the schools at a fixed rate. The restructuring of the NSD also included the centralization of numerous services into two departments; the administration and the academic.

counting follows uses the United States Generally Accepted Principles (GAAP) the principles contain guidelines regarding what can be capitalize in a company and how to go about it. When a company incurs costs, it can either capitalize on those costs or expense the costs.

It is considered unethical in North America and provides unfair advantages to those who engage in the practice. Ma & Huey-Lian (1998) ask the question as to whether society and the business world should consider insider trading unethical. The authors

ision have served in attracting the investors while also maintaining the customer base; consequently, serving to strengthen the distinctive competencies. Adoption of farming methods that guarantees great taste, value and nutrition, make this resource valuable. Exhibit 2 shows

Unfortunately, Asia suffered a serious financial crisis that paralyzed the economic progress of the countries in the region. However, the countries stated recovering from the crisis the year 2007 when another financial crisis hit the region

Experts suggest that current reporting practices simply reflect a conventionalized representation of transactions, and hence they are not effective in meeting the information needs of modern investors. UK’s financial reporting practices are highly aggregated and information on various transactions and balances are combined into a few figures in the account.

In case of no reply for a positive confirmation, we resend the confirmation and consider calling the customer to encourage them to reply. If this does not work, we perform alternative procedures that would be intended to verify the existence and valuation of the receivable. These alternative procedures would include analyzing subsequent receipts.

Software and other services necessary for the proper functioning of the devices are also offered by the company including networking and third-party software and hardware products. The firm was incorporated in 1977. Since then it has grown and acquired many firms including Locationary Inc, Hopstop Inc, Algo trim AB, PrimeSense Ltd., etc.

Sukuk is considered similar to bond in the case of Western Finance and it is regarded as an Islamic certificate. The structure of Sukuk mainly complies with the Islamic religious law which is known as Sharia. Sukuk is considered a financial certificate of Arab. Sukuk is a certificate that is sold to the investor by the issuer who returns it back to the issuer in lieu of a predetermined amount of fees.

Incorporation has more than four thousand assets of great value in more than seventy-five public states internationally (Finance.yahoo.com). This indicates how the Marriott International Incorporation has heavily invested in various countries due to the high demand for their quality products and services.

GAAPs derive their content and authority from all the sources concerned with the establishment of accounting standards within a particular jurisdiction. The concept of the jurisdiction is

The findings have been presented based on the research objectives. The present study aims to investigate the GCCs common currency and efficiency to position in the region as a monetary union identifying exchange rates and other related factors. The data has been analyzed and summarized by applying statistical techniques (descriptive analysis).

Income tax is calculated by first finding the taxable income. Then you take the actual total income of the individual in question adding back capital expenditures and other revenue expenses that are not supposed to be taxed. Other incomes should also lessen then are not supposed to be taxed.

The differences in prices may also be influenced by a variety of different services. These services include the segments in which seats are divided on an airline in the relevance of price and are the first class, the business class, and the coach class. The fares of these seats vary from high to low from first to the coach class.  

The same problem in accounting standards for leases is echoed in the United States. The U. S. Financial Accounting Standards Board or FASB had come up with many accounting standards and interpretations related to leases. Yet, according to an article in Business Week, leases have become “one of the most convoluted areas of off-balance-sheet accounting”.

There were a number of ethical issues and accounting mistakes that were committed in the running of the firm as was disclosed in the article. Among the frauds committed by the top executives included insider trading whereby shares were traded at unfairly high prices in

An intangible asset is, therefore, majorly a concept that can be turned into revenue. An intangible asset is thus identifiable only when it is separable in that it can be separated or sold, transferred, rented or exchanged

Regulations before implementation are necessarily tested on the yardstick of ethics. Regulations that reflect positive implications on the ethical conduct of an organization receive more votes than those not expected to have any positive impact. Moreover, proposed regulations that are expected to violate any ethical boundary are likely to receive opposition.

The operating expenses =-$89,000+$0.49X, X is the volume of sales in dollars. As per the equation the companys monthly sales if its zero , then its operating

A term that came into vogue in the later part of twentieth century is aimed at bringing about further improvement in the manner in which the public administrations are being carried out. The desire and demand has been driven by improving the overall

An organization is used by stakeholders to accomplish their interest in making profits. The set goals of each stakeholder motivate him to make more and more contributions; it is the collective responsibility of all stakeholders to make contributions needed for an organization to meet its goals and mission.

Sainsbury’s offers food and non-food items at its supermarkets and convenience stores and it also operates an online grocery store and general merchandise operations. Sainsbury operates almost 1106 stores that including 583 supermarkets and 523 convenience stores. The company also holds interest in freehold and long leasehold properties and also the properties that come under their joint venture agreements.

The stock market in Algeria is underdeveloped and not relied on as the main source of raising investment finance. Algeria legal system is a mixture of French code law and Islamic law. In some cases, Sharia law is instituted as residual law in dealing with civil

A con of the payback period is that it does not take into consideration the time value of money. The net present value calculates the present value of future cash flows of a project. A project is accepted only if the present value is above cero. An advantage of

The process involves making adjustments as well as corrections pertaining to the subsequent accounts. Additionally, according to Simon and Hatherly (p 154), the audit process is one that involves the incorporation of the term's true and fair perception of the financial aspects with regard to the application of the relevant sections of the law.

This was evidently because the process of work undertaken within the US mortgage industry witnessed a huge change over the past few years, wherein usually, the banks were responsible for raising funds. Likewise, if in case the borrowers defaulted from paying back the borrowed funds, the banks were held liable for bearing the loss.

Risk management refers to the process of identifying, analyzing, and then opting whether to accept or take mitigation steps when it comes to investment decision-making. (Allen 2013, pg. 1) shares this ideology as he defines risk management as the process through which investors and fund managers identify potential risks of their businesses and act in such a way that their business interests are safeguarded.

The revenue cycle essentially involves all the activities and processes from the time a product is ordered by a client to the point at which the product is delivered or collected by the client in exchange for money. The client makes an order for a particular product to the purchasing department where the clerk will process the order.

Retail companies are omnipresent in the economy of the UK. It acts as a connecting link between the producing companies and the consumers. It is an important segment in terms of influencing the demand and supply levels of products and services in the economy and acts as a significant route for manufacturers to market their products.

The paper includes the influence of various economic factors on the performance of the industry. In addition, the financial analysis of the companies is provided. The economic analysis covers a four-year period from 2019 to 2013. The current ratio, quick ratio, time interest earned ratio, and debt to equity ratio. 

The random walk model assumes that past earnings performance cannot predict future earnings accurately since distributions are same and independent of each other. In this case, the earnings are

The signals of my trading strategy are explained as follows: It is based on valuation ratios namely; price/dividends, price/earnings, price/cashflow, enterprise

One of the challenges is the fact that different sporting events demand different fixed costs. Furthermore, different athletes may have disproportionate profits received from them thus making them more of variable cost than indirect cost. Also, the number of athletes does not more than a single function because it is only basketball and football.

The capital asset pricing model is a method that is used to determine the cost of capital in the market. The paper will start with the presentation of the capital asset pricing model and show why it is not a valid method of estimation in the capital asset market. Assumptions of the model will be outlined and a clear explanation as to why the model is not good in the emerging capital asset market.

The defined contribution plan is a type of pension plan whereby the employer and the employee both contribute to the fund in a defined manner. Basically, employers are the one who establishes the plan and are responsible to make their contributions.

It may be true that the state punishes those who save. Accordingly, there can be three most identifiable government policies that discourage savings: taxation on savings and capital; low-interest rates in risk-free financial instruments; and social security and other government programs that substitute savings—the major argument of the above statement.

Thus, one standard deviation implies that an investment’s returns will lie within the standard deviation limits 68% of the time. Similarly, two standard deviations imply that the returns will lie within the standard deviation limits 95% of the

Soft Capital funding is used for K-12 schools. Rollover Repayment system is also in use in Arizona. Charter schools in Arizona are having two main issues, namely duplicate operational funding and duplicate capital funding. Hence, the Building Renewal Grant Funds are

The selection process involved going through the latest news articles and finding out the best-performing securities. Given that my company is a bank, I had to choose data that relates to the banking industry. I compared the performance and volatility of both institutions in the banking industry and the investment and financial institutions.

Takaful insurance is an Islamic version of the traditional concept of the featured sort of trade. The Islamic teachings do not allow the followers of Islam to do business in which interest is involved (Soysal, 1997). The conventional approach of the insurance business involves interest and therefore, is forbidden for Muslims.

Through the recognition of losses and gains, fair value accounting brings in a lot of volatility in the owners’ equity of firms where the net income might not correspond to the current cash flows. Critics of the accounting system also accuse fair value accounting to be the cause behind the subprime crisis and the financial meltdown.   

he resurgence of securitization is low interest rates and the availability of funding which have encouraged finance entities to refinance their high cost debts and fund their growth initiatives (Kothari, 578). Securitization has also been resurgent in the past year because it

Further analysis, in ratio analysis, is however necessary to allow for a comparative perspective of an organization’s financial position, from a longitudinal and

The company’s current ratio is generally good, above 1. A current ratio of more than 2 means the company has the ability to pay off twice the value of its current liabilities should they become due at any given point within

The paper helps to understand how changes in sales volume, prices, and costs will affect profits. Cost refers to fixed and variable costs incurred by the company. Volume refers to the number of products sold. Profit refers to how much money the company makes given the price of the product sold, the volume of products sold and the company's fixed and variable costs.

The individual reflection is necessitated as a means of having a blueprint for professional and personal growth that can be utilized later in life as

The Board of Directors' accountability of a company and its shareholders is established in chapter six of the OECD Principles. It also gives authority of providing strategic guidance to the company. When you look at Article 3/1 of the QFMA Code, it demonstrates the same spirit as that which is embodied in Chapter six above. 

The jurisdictions also require the accounting reports to be adequately submitted to the company’s registry. Companies that participate in the stock exchange experience more frequent reporting. Most stock exchanges prefer continuous illustrations of the accounting performance of the listed companies (Stanley, 2009).

This is because issues to do with financial accounting are delicate and if not well managed can interfere with the annual performance of any business. In order to get precise data, the researcher will use both

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