Finance & Accounting Essays

Control risks can be eliminated or reduced if Infosys and Apple sort out the problems or issues beforehand by making it clear on control of the ownership share and control of local enterprises. The two companies can decide on the nationalization of the local operations of the companies (Johnson, 2012).  

As part of the case study, the banks' annual reports were critically studied, as well as other related literature. During the presentation and interpretation of results, it was established that banks that pay the best salaries and have an effective remuneration program retain their employees over very long periods of time in their organizations.

Management of Personal financial services explores the strong correlation between customer loyalty and profitability of the bank. The deregulation and emergence of new banking technology in the financial services industry have also impacted the purchase behavior of the customers, as a result banking companies rely on the strength of the financial services that help the banks to make tailor-made financial products for customized customer requirements.

In this regard, an investment is a transaction in which funds or assets are transferred to another with the expectation that they will generate profits (Corporations Act 2001, Section 763B). Managing financial risks refers to actions taken to compensate for losses accrued as a result of or impacting the investment.

Management literature fulfils this need by provides various systematically designed strategic tools to be employed by the organization that facilitates in effective execution and implementation of the strategy. One of such tools is Balance Score Card (BSC) which a tool that directs the organization towards vision.

The author states that due to limited budgets, governments have been unable to develop all part of the economy equally. Further problems like the inadequate use of knowledge, experience, and specialization in the management of the various sectors occur and citizens may not receive goods and services from the public enterprises effectively.

The purpose of this essay is to argue the fact that accounting is simply mathematics and a precise subject as compared to the belief that it involves judgment and other critical thinking tools. First of all, by definition, accounting is an important tool used in evaluating the operations of a business through the use of bookkeeping methods that related to financial records of business transactions and preparations of asset statements.

Return on Assets = (Net Income / Total Assets) * 100 b. Year 2012 Return on Assets = (961 / 15,184) * 100 = 6.33% c. Year 2011 Return on Assets = (864 / 11,943) * 100 = 7.23% Question 26 a. Profit Margin = (Net Income / Net Sales) * 100 b. Year 2012 Profit Margin = (961 / 14,197) * 100 = 6.77% c.

With good business plan, the future of the business is certain, and all future occurrences will be met with certainty. A start-up business plan is used by the business to determine its future survival and viability. Businesses cannot run effectively without a plan. Any assumption made should be made with great caution.

List of Assumptions along with Financial Calculations Given below is the proposal / break-even analysis of a new product to be introduced to the market. The product is a herbal shampoo prepared from natural herbs to protect, nourish and nurture the scalp and make hair healthy, thick and lustrous Based on the market research and demand analysis, the financial figures associated with the project are given below Scientific research for the development of new hair care product is exceptionally costly and it can be difficult to manage for smaller companies.

The global financial crisis affected the whole world through the impact has been severe in the Arab Countries. This comes as a surprise to many, considering that the Arab countries are rich in oil reserves. The general perception is that these oil reserves cushion the Arab countries during the global crisis. These perceptions are obscure since the Gulf region has extremely rich and extremely poor countries.

The focus in this paper is on imperfect competition, one of the rarest market phenomena as far as international trade is concerned. Only few organizations are currently enjoying monopoly or oligopoly in the market now. Imperfect competition is against the norms of globalization and the interests of consumers. It helps companies to control the prices of products and services in the market.

The cash serves the purpose of depositor withdrawal either from checking or savings account or checks written by the depositor to other banks. Liquidity management makes sure cash is available upon depositors' demand to withdraw or pay. To keep enough cash on hand, the bank must engage in liquidity management practices.

Lehnert (2003) gave the information that the Love Bug worm was witnessed in 2000. It ended up costing an accumulated amount of $8.7 billion. Viruses are similar programs that can corrupt files and data on any system. Virus protection software is advised to be used by internet users to save them from the threat of losing their data.

At times some weaker states get the advantages. By taking this research I believe that I will be able to make out the present situation of international law and will be able to put forward some suggestions for the best implementation of the law for global peace and security. Thus, I believe that the topic is worth taking.    

These theoretical frameworks and concepts are effective and useful for business practitioners and especially for the perusal of management as opportunities to hone knowledge, skills and abilities in preparation for the achievement of organizational goals.

The CEO represents a management not a board. However, the board is represented by a chairman, who is authorised to oversight the management and make certain strategic decisions about a company. Corporate governance is defined as how the companies are controlled and directed.

However, the creation of a help desk is never as easy as it sounds. The limited numbers of resources at the help desk are not able to cater all the requests of their customers in a useful manner, thus earn a negative image for the company. Help desks can be considered as socio-technical structures; Ropohl (1999) stated that such structures involve interaction between people and technology.

A multipurpose tree must be able to adapt to climate change in the region, soils, topography, flora, and fauna. This is particularly important for exotic species, ie species introduced from outside the development area or abroad. The case must meet the needs of farm families. It is important to involve farmers, men, and women in selected species.

The ratio analysis explains the solvency, financial standing, liquidity, profitability and other facts about the firm’s financial position. This assignment will study and analyze the quality of income ratio and its usage for the company.

Computer networks have been classified by scale scope and purpose. LAN (Local Area Network) connects devices in a limited geographical area such as a house, school, or a housing society. This type of system is usually wire connected however, it may also be wireless (WLAN).

The Cost-Volume-Profit (CVP) analysis is composed of five components. The five Cost-Volume-Profit components are volume or activity level, unit selling price, variable cost per unit, total fixed costs, and sales mix. The volume component refers to the quantity of goods or services that were sold during a period.

SER support from the various stakeholders is essential for the company in order to ensure that business continues to exist. Stakeholders of the company are varied – they are investors, lenders, creditors, employees, managers, the environment in which the company operates, government, the general public, and the local community.

The author states that the accounting profession has formed its own body that governs the actions of all its members in the conduct of their auditing, accounting, and other services. In this regard, this body is tasked to form its rules and regulations that govern all members in good standing.

The company has been able to earn a healthy EPS of 15.73 in the FY 2010. However, the performance of EPS declined in the year 2011. It came down to 14.8. The result of this decline in performance is because the company the company’s efficiency has decreased in terms of cost of making goods.

While people often talk of accrual accounting or matching the revenues and expenses of a period to work out the actual profit or loss incurred, it is the cash in the bank and on hand that are very much the most important indicators of business health. Even so-called liquid assets are known to provide much less than their book values. 

The money which is owed by customers to Tesco plc and that, which is held in inventories cannot be employed to settle any obligation of the firm. If a firm operates in a slow collection, it will be indicated as an increase in working capital. It is evident from the comparison of working capital. To do this one should manage the working capital.

Main Risks & Financial statement applications One significant risk of the quality service process is the risk of company image. When a company has a lousy reputation, its accounts payable rise more than the revenue the company generates from the services it offers.

While common consensus suggests that MIRR is a better valuation method than the IRR investment method, the overwhelming use of the IRR technique in comparison to MIRR arouses considerable curiosity. The MIRR method aims to overcome some of the glaring limitations that IRR presents in valuing investment projects in organizations.

Integration - Causal Chains and Strategy SLP In business scenario regular follow ups the financial and accounting strategies are very essential if the firm is to experience a significant growth and the consequent high profits margin. Additionally, an integration of the causal chains and the SLP strategies should constantly evaluated to elevate the performance of the business (Krajewski etal, 2013).

Guillermo Furniture Store is located in Northern America. Guillermo operated this business for several years successfully until the late 20th century which saw him face the reality of a competitive global business environment. New players came up in the market that was able to produce quality furniture hence a heightened competition. 

There is compelling evidence that past performance records at Tyco did not reflect the actual picture of the company’s status. Multiple reports have given strong indications of irregular accounting practices. The reports posted by the company would show significant variations if the accountants were to adapt conventional accounting practices.

An accounting standard is a document issued by a rule-setting body, stating the manner in which accounting transactions are to be recorded and reported. The entities that most commonly issue accounting standards are the Financial Accounting Standards Board (FASB) and the International Accounting Standards Board (IASB).

Being committed to a comfortable workplace and being free from unlawful discrimination is the basic entity of Central Queensland University University, Australia. Policy statements include that there is a responsibility on the staff members to avoid any kind of harassment and unlawful discrimination that will cause disciplinary action.

Accounting Question one Tax exempt health care organizations rely upon bond issues to finance large scale capital projects. Describe the process in which the board and senior leadership take the organization to the capital market. What is the advantage of tax exempt bonds to both the issuer and investors?

This is a critically analyse the importance of a global approach to regulating corporate governance, focusing on the problems/benefits that this may cause Multi-National Corporations. This study entails about researching on these specific aspects and also includes relevant examples that form a strong evidence for the opinion presented at the end of the paper.

Depreciation with the corresponding principle, which is the allocation of the asset cost to periods upon which that particular asset is in use. This affects the net gain of reported assets. It is worth noting that when computing depreciation using a particular method, the cost of an asset is allocated to that period the use of an asset covers. 

There are those transactions that are initiated by the organization towards other stakeholders to that organization, while others are initiated by the stakeholders’ towards the organization. Either way, the transactions entails either bringing some money to the organization, or taking away some money from the organization, for the purpose of paying up some expenditure it has incurred.

The recommendations I made are with the aim to cover the long-term and short-term goals having analyzed the market and economic trends at present and the likely trends of the future. With the adoption of these recommendations, the firm is expected to reap maximally from the market (Accounting Education Change Commission, 1993).

In the wake of policy rates approaching and ultimately getting stuck in their lower bounds, such central banks have had their balance sheets replace the interest rates as the instrument of the main policy. The result of the above move was that the estimated models over the economic crisis period with short-term interest rates.

The family firm, Tyneside Gravel Company, was established in the year 1912. It is run by John Hepple as the chairman and managing director. He is assisted by his two sons. The market for their products has increased due to the fact that in the Tyne area, projects concerning building and civil engineering have increased. This has made the firm seek expansion strategies.

The financial statement accounts for an entity’s assets and their sources, capital, and liabilities. Sources of liabilities for a banking institution are different from liability sources for a magazine publishing organization or a departmental store and this section compares and contrasts liabilities items for the three types of organizations. 

Book report: When Genius Failed: The Rise and fall of Long-Term Capital Management: By Roger Lowenstein. Roger Lowenstein, an American financial writer and journalist was born in 1955 to Helen and Louis Lowenstein of Larchmont, New York. He studied at and graduated from Cornell University.

The literature review elaborates the fact behind the regimes of performance measurement in the public sector. Arguments are made to see whether the performance measurement is fit for the public sector. The review discusses the likely results that are obtained from the usage of the performance measurement rules in the public sector.

The impact of increased investment in renewable energy resources on world market prices of oil and the economic growth of OECD remains unclear. Therefore, this study aims to determine whether or not the increased investment in renewable energy resources could literally affect the movements of the world market prices of oil.

Critique of Quantitative and Qualitative Research: Female Auditors and Accruals Quality This paper investigates the relationship between the quality of accruals and the gender of the audit engagement partner in the firm (Ittonen et al 206). It seeks to determine whether female auditors have any particular influence on the quality of audit reports.

Recent corporate failures, the global economic crisis and the recent global banking crisis have made many governments around the world introduce auditor’s rotation as mandatory, mainly to achieve auditor’s independence and to increase the external audit’s ambit and quality, to minimize their market concentration and to minimise the peril of fraud. 

Accounting Requirement A 1. Potential Costs and benefits to Henley Manufacturing In most cases, when a firm decides to announce its financial statements information to the shareholders during annual meetings, there are costs and benefits involved. In most scenarios, shareholders are interested in such information as it helps them in evaluating their ongoing investment decisions in a firm (Kimmel, Weygandt & Kieso, 2011).

Wells Fargo’s mission, vision, and values have propelled them through rough financial times in the great depression as well as the current economic downturn. Wells Fargo has a proven history of success and overcoming obstacles. Change management and the ability to adapt to the new environment will be of the utmost importance to Wells Fargo over the next few years.

The recent reform in the US tax code in the Congress is with the aim to reduce the number of people who evade tax, while promoting the economy’s growth (Snowdon 35). The tax code is aiming at a situation where the tax levied on the people is fairer and everyone pays according to their levels of income.