Finance & Accounting Essays

Although she could use this as an opportunity to prove her expertise in forensic accounting, the manner in which she approaches the situation significantly would determine her success. With the understanding that on Fridays, George, Gwen, Andy and Bob go out for lunch together is enough evidence that there is a close relationship among these individuals.

sale 900000 1.3 1170000 Less cost of sales 720000 1.3 936000 gross profit 180000   234000 less depreciation 70000 1.4 98000 other expenses 30000 1.3 39000 net profit 80000   97000 c) IAS21 provides accounting concept when preparing financial statement of foreign subsidiaries.

The need to determine the relationship between the above variables to advise the minister for finance is the key drive into this work. This work seeks to determine the existence and degree of relationship between per capita gross domestic product and both secondary school enrolment rate and bank rates. 

A wide range of factors must be considered as both obstacles and opportunities in the establishment of this or any new franchise. The initial success of the Cool Moose Creamery in Ontario should be studied for comparison purposes prior to the financial commitment of franchise investment. Of considerable interest is the notion of whether the initial location of the first business contributed to its success.

2. When learning a second language, there is a greater consciousness and attention paid to the correction of errors, which is not such a big issue in the primary language acquisition, which occurs through interaction rather than through the more bookish and theoretical study and learning.

The account receivable should be treated as if they had not been sold, but rather a loan for $500,000 had been taken out of an 8% rate of interest. This means that the interest expense would be $40,000 higher ($500,000 x 8%) and EBITDA would also be increased by $40,000.

Risk assessment entails the analysis of investment vehicles to discover their capacities to ensure sufficient returns on investment. Risk assessment entails the analysis of an asset’s standard deviation or risk with regard to the expected return on investment (Bodie, Kane & Marcus, 2006).

The indirect method shows that increases in current assets are classified as decreases in cash inflows. Likewise, decreases in the current assets are recorded as increases in the company’s cash inflows. On the other hand, the indirect method shows that increases in current liabilities are classified as increases in cash inflows.

The cash generated from operations is likely to continue at present levels, given the healthy market share and the past performance of the company. The expansion activities might yield some additional income, but given the general economic condition, the revenue is unlikely to go up substantially from expansions.

The company has shown to be above 450 US dollars by 2000 and this trend has been increasing. This has made it to become the third most valued company globally following Microsoft together with General Electric Company. Considering the financial statement for the last three years, it is clear that the current ratio has improved from 2010 to 2011 and then to 2012.

Partial development programs shall be accepted and a low rate of growth will be attained or else people will be required to forfeit to a limit beyond tolerance, which is feasible in an authoritarian state but not in a developing country like India which is a democratic state. So, there is a need for international sources of financing in India which is very important for economic development.

The analytic thinking discloses that the indicant returns of the three markets do not abide by a normal distribution litigated. Additionally, the analysis depicts that the returns are not random. It is established that 0.00020 and 0.00021 are the mean returns of the three GCC markets analysis and thus, the difference cannot be deliberated high.

Strategic management accounting which is one of the forms of management accounting emphasizes the information related to the external and non-financial factors of an organization. Traditional management accounting is considered to be inadequate with its focus only on manufacturing and ignores the effect of various other activities.

These financial statements are to be prepared using a predefined set of standards and guidelines, widely known as the Generally Accepted Accounting Principles (GAAP) (Types of Accounting, 2013). Managerial accounting is an accounting process that reportedly produces information for the sole use of the management of the organization.

There is very little information on how corporate decision makers can reconcile differences between the public and private interest goals. There are no singular limitations of CSR concept which act in the favour of aligning the personal and business goals (Tapang and Bessong, 2012).

The two most powerful outcomes that can be associated with the said attempts that have been made are the passage of Medicare and Medicaid in 1965. Since then, not much has been done to improve the healthcare system, criticizes Koplan, Liverman, and Kraak (2010). It was in line with this that the Obama government attempted a healthcare policy.

The purpose of this research is to investigate the following: prescription drug effects on demand and supply of other products and services; elasticity of demand and supply; increasing-cost industries. Prescription drugs are drugs prescribed by a medical officer to a patient and are regulated by legislation unlike the over-the-counter drugs which can be old to anyone.

When one find that the risk and returns of a stock are understandable and can be estimated on the grounds of some broad parameter, the future behavior of these stocks can be predicted with moderate accuracy (Estrada, 2011). The companies chosen to be represented in a portfolio are as follows:ANZ, BHP, BOQ, HVN, TLS and WOW.

This project examines critical elements and concepts in Financial Reporting and Regulation. It includes the examination of the concept of earning management, an element of creative accounting. It also examines the concept of impairment and how it relates to financial reporting. The paper is written in two parts.

They are plant-related compounds that help the plants to maintain immunity to infections. They act basically as the defense compounds inside the plant system. Pomegranate is a plant that bears fruits that are delicious and full of phytochemicals. The tree height is between 5 to 8 meters. It is traditionally used as a treatment remedy option.

The advent of computers has caused revolutionary changes in almost all fields of life. The mode of business has also changed due to the integration of information management systems and the inception of the internet. Much research has been done regarding the impact of the internet on business and its level of acceptance among the masses.

1999 refers to the year when the case was reported. ICR is the abbreviation for Industrial Case Report or the law report where such case was recorded. The number 693 refers to the page number. Such case can be found in the volume of the year 1999 starting at page 693.

This essay is a detailed analysis of a variety of long-term sources of finance along with their advantages and disadvantages. It also includes the suitability of each source of financing to different firms based on the kind of business stage the firm is in. The long-term finances for a firm are mainly of two types- Equity and Debt. Mainly four sources of long-term finances are discussed i.e. preference equity, common equity, debt and leasing.

As an accountant for Denmark Technical College, I have recently made a number of professional decisions that have had an impact on the working and operations of this institution. Through this response posted on the Discussion Board, I wish to apprise my supervisor of the decisions made and their impact on the college.

The company is mainly interested in making some long-term contracts with another promising and renowned listed company namely AMD. Section two mainly describes the stock performance of the company which emphasizes the fluctuations in the share prices along with the earning and dividends analysis of AMD.

The paper explaines broad categories of approaches, such as the fundamental evaluation and the technical scrutiny approach. The fundamental evaluation method implies the investigation of a business with the purpose of determining its approximate total worth. The technical scrutiny involves the analysis of a company’s stock price fluctuations.

The author states that various managerial activities can be hazardous for earnings allocation and distribution and earnings management can be a challenging issue. Different earnings management activities are focused on legitimate choices focused on account provision for transactions and for other events.

The efficiency and effectiveness of financial reporting under the government of Hong Kong appear governed by; The Companies Ordinance (Chapter 32), the dominant sections appear as Sections 121-145. The bodies governing Hong Kong Financial reporting operate as; Hong Kong Financial Reporting Standards (HKFRS), and Accounting standards (HKAS) handling the related interpretations.

Break-even analysis has its limitations. To begin with, it assumes that fixed costs, variable costs and sales revenue behave are linear. However, this is not the case since some overhead costs may be stepped in nature. As a result, the straight sales revenue line and total cost line tend to curve beyond a certain level of production.

I will experience several problems emanating from Real Estate Leases. Some of the problems will emanate from Premises and their usage, management of property, security deposit, pets, storage, taxes, and maintenance. Several items in the Lease agreement should be changed to make my life as a tenant of Lucifer Leasing Company comfortable.

Many individuals boldly join the risky small and medium enterprise market segment. The market segment is grounded on low capital investments. The market segment reduces the United Kingdom's unemployment rate. With the ease of establishing small and medium enterprises, more people can easily find work within the small and medium enterprises segment.

Here the company will raise the entire £40 million from the debt market. Using debt to run a business has both advantages and disadvantages. Debt is a low-cost capital. Using debt the company does not have to pay tax on it. Hence the company will have to pay less tax overall. Using debt the earnings per share of the company fluctuates more than using only equity as the source of capital.

Relatedness studies in themselves have presented additional considerations for determining the success of a merger or acquisition. The measure of relatedness depends on whether the companies involved: (a) serve the same or similar markets or resort to the same distribution systems; (b) make use of the same or similar production technologies.

Moreover, Shakespeare employed a host of dramatic devices that not only made the story more complex, but also more engaging and interesting. These dramatic devices include patterning, foreshadowing, framing, imagery, dramatic irony, pathos, symbolism, tone, among others, but this paper focuses on formal patterning, dramatic irony and foreshadowing, which are abundantly used by Shakespeare in this play.

Changes and innovations in technology that have been observed over the time have proved as time saving and effective for organizations. In this paper we shall examine the impacts of modernized system on accounting structure of modern organizations. Introduction: Accounting is one of the important departments of every business that deals with monetary functions.

Kia Motors Corporation which is headquartered in Seoul Korea was established in 1944 (Funding Universe n.d.). The company manufactures and sells various types of automobiles including commercial, passenger and recreational vehicles. Kia which operates subsidiaries in the United States, Canada, Japan, Australia, China and Slovakia is currently engaged in developing various new technologies that will facilitate the manufacturing of eco-friendly motor vehicles including hybrid-electric vehicles (HEVs).

One’s career goal is to own a little café or restaurant that serves healthy food as opposed to greasy fried fast food, generally offered in most proprietary restaurants today. The wealth of experience and academic background in the field of professional cooking and kitchen management has provided the solid foundation to pursue a life-long career as the owner and executive chef of one’s own diner.

Nonetheless, the financial resources that are available for the projects are more likely to be limited. As a result, the management has to evaluate the project’s viability in order to determine the best project to invest in. Through the use of investment appraisal techniques, a company is able to decide the whether or not a project is viable to undertake (Needles, Powers, & Crosson, 2011).

In an expanding business, the old processes, attitudes and corporate culture should be revisited. The old ways were good enough to carry Atokowa up to this point. However, in order for Atokowa to raise up to the challenge of a much more sophisticated clientele, a more demanding market and a more competitive industry new and better processes, attitudes and corporate culture should be developed.

According to the report there are two forms of accounting typically taking place within an organisation, namely, financial accounting and management accounting. Financial accounting is mainly focused on provision of financial statements of interest to external stakeholders while management accounting is majorly focused on provision of details.

To estimate an appropriate financial structure for the company, the size, growth of the industry, risk, profitability, and market analysis are required that can signify an appropriate margin for the selection of equity and debt in the capital structure as it has an effect on the business value, performance, and long term stability in the foreseeable future.

The financial atmosphere both determines the existing monetary substitutes and the influences that come out from many decisions. Therefore, it is considered important that shareholders and financial directors have an excellent understanding of the financial setting in which they conduct their activities. It is important to note that a strong financial environment plays a significant role in economic expansion and prosperity.

I have always thought of the popular saying that “money runs the world”, and my take has been that if indeed this is true, then accountants and other financial experts run the world since they are the ones who handle money on behalf of people and organizations. The importance with which people hold financial issues confirms this saying given that proper financial accounting can be the difference between failure and success.

In the contemporary period, process costing is one successfully adopted accounting methodology in organizations. Organizations use process costing for effective cost calculation, especially at times when other costing models (job costing or activity-based costing) are futile and do not produce desired outcomes.

The Shia consider that Imam Ali, the son-in-law of the prophet, and his successors have been the true descendants of the diviner. These successors have been the children of the diviner Muhammad. On the contrary, Sunnis consider that “Abubakr, Umar, Uthman, and finally Ali”, have been the right leaders of the ideology of Islam (Haji-Yousefi, 114).

The physical geographic conditions of the Gulf are concerned with the Monsoon and Trade wind of the Indian Ocean. The heavy monsoon rains and winds occur in the summer season as the storms, for example, Tsunami and Phet, disturb the coast guard operations of Kuwait. To have full control over all the activities of Coastline, Kuwait has developed the Coast Guard Services.

What impact have successful women made in the U.S. hospitality industry as leaders? Hospitality industry refers to that part of the service industry which is concerned with a broad range of activities including hotels, restaurants, transportation, theme parks and also event management.

These situations should at least be reduced if they cannot be reduced as a whole. The process of loss reduction involves a complex understanding about the following terminologies:1.CAPM and Arbitrage Pricing Theory 2.Efficient markets hypothesis and Pecking order theory 3.Modigilani and Miller approach and Residual theory

A budget is used in business organizations for developing plans for production, sales, training, and almost all other activities. It can be used for managing administrative operations and motivating employees to perform coherently with the organizational goals. It can deliver a criterion where employees are encouraged to achieve their targets.

'Corporate social responsibility (CSR) reporting to stakeholders is based upon the assumption that companies have wider responsibilities than simply to make money for shareholders.' Discuss the information that might be included in a CSR report to stakeholders, giving illustrations and examples.