Finance & Accounting Essays

Qatar Islamic Bank provides an effective opportunity to people who desire to work in the Islamic system of finance. QIB holds assets of QAR 83 billion, where the market share touches to 43.4% in the first quarter of 2013. QIB has a workforce of 500,000 employees. It has 3,000 corporate sectors and 170,000 retail sector clients. 

The main objective of this essay is to carry out a financial analysis on City of Charlottesville. Ratios are useful in making comparison between different

Publicly listed companies are required to conduct an audit procedure at the end of every fiscal year. The procedure can be carried out by internal or external auditors. The auditors then supply the audit reports with supplementary information covering their opinions.

Michael J. Fox describing his career is provided. Similarly, the Crawford Capital Partners’ Hedge Fund report also indicates background information regarding its top management team, specifically

QuickBooks refers to a renowned accounting software used by many businesses and organizations to manage their accounts. There are numerous capabilities and benefits that may be realized by using QuickBooks because of several features which users can take advantage of. These features include electronic payment functions, e-mail functionality.

Spirent Communications is one of the leading telecommunications and measurement firms, based in Sussex, United Kingdom. Spirent began as Goodliffe Electric Supplies which was later changed to Bowthorpe (Morning Star, 2014). The change in fortune of Bowthorpe came in with the dot-com boom of the 1990s (Morning Star, 2014).

Two theoretical principles have been postulated before. One postulates that introduction of a profit-sharing scheme will improve employee satisfaction and organizational commitment. The other theory argues that there will be greater alignment of employee and employer interests if such a scheme is introduced.

Tata University was initiated in the early year 2011 and in that year the net profit jumped from Rupees 92,210,000,000 to Rupees 135,740,000,000 in 2012. TATA

They are necessary for a decision. They are cash flows that arise from the direct consequence of the taken decision. They arise also incremental. However, irrelevant costs or revenues are not required for decisions to be made. Examples of such

Domestic demand from both private persons and corporate has driven the increase in the volume of the business sector. Even though the confidence of the insurance sector varies with the insurance sector being slightly pessimistic, firms from most sectors anticipate an increase in the volume of their business. Financial service firms embraced their rising cost.

The existing literature indicates that companies can be grown either through internal expansion or external development. An internal expansion growth is where an entity develops gradually over time and in the ordinary course of its business, through new assets' acquisition, replacement of the technologically obsolete equipment as well as the establishment of new products lines.

A modified Chow test was conducted on the data, with the results presented in Table 4 below. The estimated break date was found to be Q3 2008, right at the beginning of the crisis. It was around this time that Sharpe ratios began to decline, indicating that risk-free investments became better alternatives to mutual funds.

The author states that the term income inequality indicates that there is an irregular distribution of income among individuals. Generally, the term income may be off in two ways, such as personal income and household income. If there is dissimilarity between earnings and income inequality, it is necessary to analyze the reasons for such difference.

Considering the situation of the two companies (FKI and Wolseley), one has to analyze the best price for purchase and the viability of the purchase of FKI for Wolseley. To do that, one will analyze the data of FKI Plc and compare its various figures against the company’s figures to establish a ratio-based comparison between various factors.

One fall day in 2008 it was if the world had stopped turning as economies around the world ground to a halt and the flowing taps of credit dried up faster than a beer at a NASCAR race. It was if suddenly, and with no warning, all of the liquidity in the world's market has simply just vanished with no reasonable explanation.

Based on these arguments, this report ascertains the subsequent effects of budgeting on management control systems and what advantages and disadvantages they bring to the implementing organization. It ascertains whether the given statement at hand has been vindicated by the conducted study or it remains unproven (Abernethy et al, 1999).

Based upon my observation, the supervisor has a high degree of authority in many areas such as recruitment, recording of timesheets as well as payroll which should be done by an HR. Since the supervisor has control of all the process in doing payroll as well as disbursing paychecks to employees, there is a possibility that untoward incidents such as fraud can happen.

The cost and management accounting principles must become an integral part of the management organism. The responsibility segments should be defined and established by the administration of every reporting entity and the management costing must be executed in order to calculate and account for the costs of the outputs of every segment.

Favourism on one party over the other which is intentional should not exist concerning the information on financial reports. The financial statements will henceforth, provide a balanced scorecard to all the parties I relation to the

The bedrock of my code of ethics is developed by elements like personal conduct, respect, just treatment, self-direction,

The table shows the fling status of five publicly listed companies from five different industries. It also provides information on the SIC codes and their description as well as the financial year-end to which the filer status. The financial statements of all five companies were unqualified; however, two were modified due to lack of consistency.

During its first decade, Soviet-style fund accounting was implemented to support and sustain its communist political commitment. In 1979 after the permission of joint ventures separate accounting standards for joint ventures were issued. During the 1990s People’s Republic of China's Generally Accepted Accounting Standards ( PRC GAAS) were realized.

The proper accounting of the $60,000 loan is to record it as part of Current Assets (cash) in the asset portion and liability (loans) in the balance sheet of Ontime Delivery Service.  It follows then that interest payment should be recognized by the business along with the repayment when the $60,000 is recorded as a loan. 

Their key concern at the moment is the purchase of a new home. They intend to sell their old home in order to get sufficient funds that would contribute towards a new one. Generally, they are have the

Even though the prime minister insists on his fiscal plan for the year, the forecast for the gross domestic product of the country for the fiscal year 2013-14 seems to drop by 6.3 percent lower than as was expected in June 2010 when the government promised to raise it. The prime minister claims that, because the total deficit of the country had been paid quarterly, the plan had begun to work well and would not bow to any advice to turn his mind.

In 2000 Pepsi had a current ratio of 1.16, while Quaker had a current ratio of 1.15 in the same time period. Both companies have acceptable current ratio results. The quick ratio is more stringent short term liquidity metric. It is

The parameters of the income statement, balance sheet, and cash-flow statement and the information communicated by these key components have been explained. The interpretation of the key components of the financial statements fulfills the general purpose of the companies in communicating the effectiveness of the strategies for capital maintenance and wealth maximization.

Macro and microeconomic factors have a direct influence on investment returns and hence it is essential to consider such factors before making any form of investment. This is the essence of investment analysis as it has the impact of making the prospective investors be aware of the market and economic trends as well as the earnings ratios.

The profit per product line of product XYI and YZT are reduced by 46250 and 180000 respectively, while that of ABW is increased by 64000. This is because in the traditional costing method other cost drivers are not considered. It only considers the machine and

There are many other ways through which organizations benefit from environmental accounting and reporting. For instance, it helps the organization facilitate its voluntary and legislated emission reporting requirements. This accounting and reporting requirement ideally provides an organization with insight into data of its environmental campaign.

The operation cash flow can either be reported through indirect or direct methods. In cash flow statement, three activities are recorded: financing, investing, and

It is the presentation of financial data relating to the performance, position as well as the flow of assets in a given accounting period which is then conveyed to different users of accounting information in order to facilitate their decision-making process. The sole objective

The activity-based costing analysis technique applied in calculating the breakeven even point must figured with utmost accuracy. The breakeven point of a good rise with an increase in the production of the same product. Scholars utilize new variable cost inputs and new fixed costs to determine a new breakeven point.   

My overall long term goal falls under growing in an institution and company dealing with investment banking/ corporate finance that will enable me to continue learning, have additional responsibilities,

In the early 1990s, social reporting became a norm with large public and private corporations across Europe and the Americas. Laan (2009) argues that the two theories namely Stakeholder and Legitimacy, derived from the broader political economy perspective, broadly explain motivations for social disclosures.

Boliver Fuerte (Bs.F) has been the currency of Venezuela since it replaced the original Bolivar. This change was a result of inflation that highly devalued Bs against the dollar. Boliver Fuerte, which is referred to as “strong bolivar”, was adopted to mean a strong economy facilitated by a strong Bolivar hence giving a strong country

Financial planning can be termed as the process of evaluating an individual’s or an organization’s present and future financial situation with the aim of predicting future income flows and withdrawal decisions. Financial planning incorporates drafting of the budget in order to organize the usage of funds and disposition of savings in future.

The bank was then involved in buying back the sold assets and in order to purchase those assets it again had to borrow money. What the bank did was it performed these transactions just before it had to

The company was listed on the Vietnam stock exchanges. The main business that the company was conducting was majorly focused on the real estate business mainly on the commercial properties and the development of residential properties in and around the City of Ho Chi Minh (Richard Ivey School of Business, 2013). 

ACF is significant across the years. However, at year 1 it is quite high but it has a decreasing uniform trend across the years; implying that the data is not stationary. The above plot shows the partial autocorrelation of Lrpsi. PACF is

There are different revenue types which are linked with Peet`s Coffee and Tea. These benefits are known as social, communal, financial and commercial understandings.

If a firm that wishes to be sharia-compliant is registered or headquarter in a country that recognizes the IFRS standards, it will still be needed to report its accounts with the IFRS standards. Due to the small differences with regard hot AAOIFI treats accounts and the way the transaction are done in AAOIFI standards, this can bring a small difference with regard to the accounts of income.

The debt ratio computed above indicates the solvency financial position of Wal-Mart Corporation is better compared to Target Corporation. The solvency position of Wal-Mart is better compared to that of Target because the debt ratio indicates the assets of Wal-Mart have been financed by debt by 57.81% while that of Target is 66.19%.

To determine how much each company pays to its shareholders in the form of dividends, the total dividend is divided by the number of shares issued and becomes another important aspect of investor interest. Again, Sainsbury shows higher dividends per share, but TESCO again demonstrates better performance.

Also, companies such as Tesco Plc and Marks & Spencer have been analyzed as regards their use of long-term financing sources in order to give a better real-life insight into the discussion. Seasoned equity offerings or SEOs are stock issues for companies that are already publicly listed in the stock market (Sherman 2003).

Liquidity Ratios evaluate a company’s ability to pay off their debts when they fall due. Basically it gives a basic picture of a running position of a company. This ratio illustrates a company’s ability to pay off its short term obligation/ current liabilities (amount due within 12 months time) with the current assets that it holds.

We can hardly say that stocks returns are s better than S&P 500 because they are still both within the positive range. Since the analysis covers only 30 days, it creates a very bad picture considering there are many opportunities for these stocks to grow and reach to levels of

In this section, we will outline the major financial crisis so as to develop a deeper understanding of financial crisis and in brief the impact which this crisis has on the progress of employees. This section emulates

These events cause a displacement of the macroeconomic system and change the economic outlook of the stakeholders in the financial sector. This can result to the depletion of capital in some sector and overvaluation on some as investments

The current ratio, which is a liquidity ratio and is equal to the ratio of current assets to current liabilities, can be used to make a comparison with the past period. For example, if the current ratio in the previous financial year was 1.6 and has decreased to 1.1 in the current year, it may be a matter of concern.