Finance & Accounting Essays

The paper “Measurement and Decision Making” is a meaningful example of a finance & accounting case study. The paper prepares an incremental analysis concerning the possible discontinuance of The discontinuance of divisions 3 and 4 is not recommended since it can be observed that both divisions depict a positive contribution.

The paper "The Primary Responsibilities of the Reserve Bank of Australia" is a perfect example of a finance and accounting case study. The Reserve Bank of Australia is like one of the central banks that exist in any given country. It is said to be the bank of the government. The government uses it to control the economy to take the direction that it wants it to go.

The paper "The Key Points of Financial Health Analysis of Apple" is a perfect example of a case study on finance and accounting. The financial success of the company is a prerequisite for the preservation and compounding of its competitive position in the market. Financial success is determined by the company's ability to manage money resources.

The paper "Financial Analysis of Emaar Properties PSJC" is a perfect example of a case study on finance and accounting. Financial analysis is the process of examining an organization's monetary statements to give a forthcoming record into the present condition of the business, with respect to stock turnover and the capacity to meet short and long-term obligations.

The paper "Importance of Accounting - Etisalat " is a perfect example of a finance and accounting case study. Etisalat is a brand of Emirates Telecommunication Company based in UAE. It provides telecommunication services in more than 18 countries of Asia. It is the 13th largest mobile network provider in the world. Its main products are mobile telephony, digital television, fixed-line and internet services.

The author states that AAS 21/AASB 1015 ‘acquisition of assets’ and AASB 1041 deal with ‘revaluation of noncurrent assets’. The changes brought in by AASB 138 are considered controversial at places. In this write up an effort has been made to critically analyze the changes and problems relating to reporting of intangible assets.

Operational capital is the net working capital—which is the difference between the firm’s current assets and current liabilities. Operational capital is important because no matter how profitable is a firm, when it cannot meet its obligations that are due in the short-term with the assets that it has, it will put the firm into so much trouble.

The author states that in fact, IASC adopted the US framework ‘Framework of Preparation and Presentation of Financial Statements’ that it published in 1989. The objectivity of IASB is to achieve harmonization in the accounting world by making mandatory application of International Accounting Standards among member countries.

As a specific Supreme Court case of Henry Denny & Sons Ltd. T/A Kerry Foods v The Minister for Social Welfare, the fundamental test to evaluate the employment status of the person include verification that "employee perform certain work performs it as a person in business on their own account was considered among other matters".

This statement of account will also help in highlighting possible problems that may face a business and therefore help in decision making, for example is a business incurs a loss the decision makers will determine the origin of the problem, whether there is a problem with the revenue gained or whether the expenses exceed revenue.

Using the stock options to change the stock value, as a means to inflate accounting numbers or mislead reporting, is the gamesmanship that seems to have driven Enron to collapse. The options allow for dollars to be taken away from the company by internal staff members in a way that hides these expenses from curious investors.

The impact of globalization on the major sector of industries have been presented in this paper. The cumulative effect on industrial growth has also been analyzed. From the graph presented on the effect of globalization, it is clear that this policy has not created a major impact on the overall development of the nation in terms of poverty alleviation, job security, etc.

The average recent share price of the companies was about 41 (SD = 21.52). The distribution of the recent share price was approximately normally distributed. The average estimated earnings per share 2004 of the companies were about 2.45 (SD = 1.71). The distribution of the estimated earnings per share 2004 was right (positively) skewed

Draw up a list of 7 May of Lulu the Clown’s fixed assets, current assets and current liabilities, and then calculate what Lulu’s net assets are at that date. From the information provided above in Question 2, construct a simple cash account for Lulu the Clown for the week from 8 to 14 May 2008. Explain the purpose of a cash account.

The author states that bank performance can be evaluated using published accounting data by calculating and analyzing key financial ratios for the bank. According to Myers and Brealey financial ratios enable an analyst to determine: how much a company has borrowed and whether the amount borrowed can lead the company to financial distress.

The current paper “Efficiency Performance in Indian Banking” focuses on the examination of the methods available for the evaluation of the performance of organizations of a particular character, i.e. banks. These institutions are differentiated from the other organizations operating in the market.

The author states that when one thinks of taxation and its underlying purposes, the first thought that comes to mind is that taxation is something imposed or forced on us by the government and is nothing more than the way in which the government collects money in order to finance its various activities.

An analysis of Nokia’s annual reports during the period 2004-2009 showed a major strategic shift that took place in 2008. This move by the company showed its attempt to respond to a highly dynamic operating environment, such as global economic trends and changes in the strategies of Nokia’s competitors. 

Throughout the preparation of statements, the Ethical rules must be followed, which are significant for the smooth running of a company. According to Labspace.com (2006), the Prudence concept instigates a firm to overestimate the expenses and underestimate the incomes, in order to provide leeway in the worst scenario case.

The given case study was of the Ferguson Manufacturing Company, where a problem related to the budgetary control came into effect between the supervisor or the departmental management and the plant manager. The basic problem lies in the strict focus on the budgeted cost; from the conversation of two departmental heads, there is a problem.

The second major way they try to influence interest rates in through the Federal Reserve’s ‘discount policy’, which includes setting the discount rate and the terms of discount lending. That influence on the discount policy will, in turn, affect the money supply and interest rates as we will later see.  

It is important to mention that most of the scandals that erupted in the corporate houses had due support by the accounting and auditing firms which have led to a decrease in the honesty of auditing firms. These scandals have led to the erosion of confidence in the auditors’ independence resulted in Congress passing the Sarbanes – Oxley Act in 2002.

The company can get $3,030,303 (3,000,000/.99) of free trade credit.  Based on the total assets turnover of 2.08 and the debt/assets ratio and the budgeted turnover of not more than $661,102, SKI could get approximately $130,000 in costly credit in order to remain within a Debt/asset ratio of 100%. The percentage cost of the costly credit would be somewhere between 15 and 21%.

The Managing Director is not keen on including Lease A in the books as a finance lease and, instead, wants it recorded as an operating lease. A new accounting standard that will replace International Accounting Standard (IAS) 17, which covers 'Leases', is due to be finalized within the year.  (IFRSF 2011)

Rio Tinto Plc is a mining group dedicated to the exploration, mining, and processing of mineral resources. The company has over 138 years of experience in the mining industry. I was very attracted to the product portfolio of the company. Rio Tinto products include aluminium, borates, coal, copper, iron ore, titanium dioxide feedstock.

The paper  “Bonds and Derivatives as Main Financial Instruments ” is a comprehensive example of a finance & accounting assignment. This article focuses mainly on understanding the two main financial instruments which are bonds and derivatives. The company that is selected for the analysis of bonds and derivatives is HP, one of the giants in manufacturing computing units.

The paper  “Yahoo Finance” is a thoughtful example of a finance & accounting assignment. The three stocks that I have chosen for my portfolio are from S&P 500 index. The index currently floats at 1234.83 which dropped marginally from its previous day close at 1255.19. The three companies include Abbot Laboratories (ABT), Amazon.com Inc. (AMZN), and 3M Co. (MMM).

On comparing the Traditional costing system and the Activity Based Costing System, the latter is found to be more flamboyant and suitable to the needs of the modern-day as it makes use of activity cost drivers to allocate overhead costs instead of the conventional method of assigning costs to cost units or centers (Drury, 2007). 

The paper “Finance Services Decision” is a valuable example of a finance & accounting assignment. Sports World is a huge retail chain with strong financial statements to back its impressive sales growth and can have a very bright future if it goes ahead with careful strategic expansion.

The paper "Interpretation of the Financial Data - Telstra" is a great example of a finance and accounting assignment. An article published by Business Day on the website smh.com.au dated August 11, 2011, reported the company’s profit for the latest financial year. The article was titled “Telstra shares rally most in 3 years despite profit drop”.

The paper "Determining Land Recoverys Current Ratio, Working Capital and ROE" is a great example of a finance and accounting assignment. Land recovery is considering several forms of financing its assets for next year. The total assets for next year are $65 million and it has decided to use $40 million equity for financing its assets and the rest would be financed by a combination of short term and long term debt.

The paper "Financial Planning" is a great example of a finance and accounting assignment. Homer does not need to pay gift tax on the stocks to be transferred to Bart because the base amount of stocks which is $14,000 is exempt. Any sum paid by Homer to his family members as much as $14,000 per year per person is not subject to the gift tax.

The paper "Julyfest Limited Financial Analysis" is a great example of a finance and accounting assignment. Statement of cash flows provides important information to those using it as it provides information about the outflows and inflows that have taken place in a certain financial year or within a specific period of time (Baker 2005).

The paper "Financial Statement and Cash Flow Analysis" is a perfect example of an assignment on finance and accounting. Though the current ratio of the company is lower than the industry, yet it has the capability to pay off liabilities in the short run with the help of short-term assets.

The paper "Cost Structure: Break-Even Point and Target Profits" is a great example of a finance and accounting assignment. In a contribution format income statement, different expenses are excluded from the total revues of the business for arriving at the contribution margin. From the margin, fixed expenses are deducted to obtain the net profit/loss of the business for a particular period of time.

The paper "BMW Company Financial Management Analysis " is a great example of a finance and accounting assignment.  Financial management analysis is also referred to as financial statement analysis or accounting analysis or analysis of finance. It refers to an assessment of the viability, stability, and profitability of a firm, business or venture.

As the paper, Risks in Banking & The Prevention outlines, the risks involved with this client may cause the fall of the bank especially if the client is from a country associated with drug money such as Mexico. Therefore, this paper will describe some of the risks involved when the bank decides to take this client. The first risk is a credit risk. 

The paper  “Financial Trading Techniques” is a thoughtful example of a finance & accounting assignment. The five stocks that will be analyzed from the FTSE include Barclays plc (BARC), Vodafone Group plc (VOD), BP Plc (BP), Rolls Royce Holdings Plc (RR), and Royal Bank of Scotland Group plc (RBS).

The paper  “Basic Business Finance ” is a thrilling example of a finance & accounting assignment. The company made sales up to 3.7% to an estimated over 2.3 billion dollars and had an underlying growth in profit of 9.8% to 400 million dollars. The company also had a strong cash generation of 271 million dollars before share buybacks of 250 million dollars.

The paper 'Financial Statement Accounts' is a wonderful example of a finance and accounting assignment. There are two steps of calculating materiality. The first step is to determine reporting materiality. A misstatement in excess of this amount would result in the financial statements being materially misstated.

The paper "The Financial Performance of Cathay Pacific Airways and the Fly Emirates Airways" is a worthy example of an assignment on finance and accounting. The fly emirates group consists of companies in the hospitality, tours, and travel industry. The most famous and active of the companies in the emirates group of companies is the fly emirates airways.

The paper "The Return and Risk of Each Asset for Chargers Products" is a wonderful example of an assignment on finance and accounting. Stanley, a financial analyst for Chargers Products, a manufacturer of stadium benches, must evaluate the risk and return of two assets - X and Y. The firm is considering adding these assets to its diversified asset portfolio.

The total estimated back-end split profit from the entire tour is $105,513,012. Therefore based on the back-end split profits the minimum profits of $21,000,000 would be guaranteed. Fusch! a’s share of the total back-end split profit is estimated to be $84,410,409.45, while the promoter’s share is estimated to be $21,102,602.36.

Fusch! management had already set the prices for the Tired, Blocked view and Royal VIP tickets available for the concerts, however, break-even analysis indicates that the prices for Tired feet ticket types would have to be adjusted so as to avoid the incurrence of loss in the sections occupied by people with this ticket type. 

Socialization is described in the article as the numerous formal and informal processes that enable individuals to become successful and functional members of a collective community. This assumes importance given the fact that these are important factors in ultimately shaping the notions of professionalism.

Of great importance will be some of the observations made by Bresser-Pereira (2010, p. 4) that the GFC can be seen within the context of the history of global capitalism, particularly starting with the forms of early capitalism in the United States and Europe, through crises such as the Great Depression to the years that preceded it.

Generally, the paper "Quantitative Fund Management" is a great example of a finance and accounting assignment. A bond is said to be a debt instrument. The periodic interest payments that it pays are based on the coupon rate that is stated and the principal is returned on the maturity date (Dempster, Mitra, & Pflug 2009).

The paper "Advanced Trading and Investment" is a worthy example of an assignment on finance and accounting. The main aim is to test a trading system on ASX 200 futures using Quantstrat of R studio software. Futures consists of a portfolio designed to reflect the composition of some broad-based market index it does so by holding securities in the same proportion as the index itself.

The paper "Financial Services Regulation" is a wonderful example of an assignment on finance and accounting. The industry regulations require the financial service provider to observe transparency, disclosure of capacity, and conflict of interest management. In this regard, there is a need for the provider to disclose their capacity to provide the services they have been contracted to provide.

The paper "Draft Prudential Standards" is a wonderful example of an assignment on finance and accounting. "These are standards used by banking and other financial organizations both unregulated and regulated used for the control of the banking and securities entities. Capital standards are set of rules and regulations set aside to guide the running of these institutions in the care of the people.