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This research will attempt to identify and evaluate the causes of the 2008-2011 Global Financial Crises; to evaluate the relationship between world economic growth and liberalization and also consider the variability in world economic growth and liberalization/protectionism; and to recommend policies on how the world can escape from this and prevent future crisis.
Off-balance sheet arrangement have long been the main concern of all accounting regulators and the economic consequences related to these items have prompted these regulators around the globe to think of developing standards that increases transparency in the financial reporting.
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The Saudi Arabian government is politically divided into fourteen emirates also known as provinces. These emirates are headed by brothers, sons, nephews and next of kin of the King who currently is king Abdullah.
OECD has predicted more trouble for the US economy in the near future. The organization has forecasted shrinkage of the world economy owing to the recent financial crisis that led many US companies to bankruptcy. The Euro crisis is supposed to result in negative growth for the next upcoming six months.
From the paper it is evident that a global approach to regulate corporate governance will not benefit multinational companies, because economic as well as political aspects differ from one country to the other. The globalisation, which aimed the integration of the whole world economy, caused far reaching troubles to many economies.
16 pages (4000 words)
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Contents
1 Chapter 1 4
1.1 Introduction 4
1.2 Nature of the Issue 5
1.3 Research Question 6
1.4 Research Objective 7
2 Chapter 2 8
2.1 Literature Review 8
2.1.1 Theory of Externalities 8
2.1.2 Cost-Benefit Analysis of the Clean-up 10
2.1.3 Economic Policies of Government 11
The biggest part they played in all this fraud was that they dismissed the report of one of their employees working at Enron, Sherron Watkins, which was based on facts as she made some inquiries related to it. Enron was highly unethical as they did not trust employees of their own company and allowed clients to continue doing fraud for such a long interval.
29 pages (7250 words)
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The research presents a thorough analysis of the basic difference between Islamic and conventional financing methods through literature analysis and effective research methods. The primary research collected from respondents helped in understanding their views and opinions on Islamic and conventional financing methods.
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.
15 pages (3750 words)
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In the world, every single person has their own interest and negotiation is a process through which the person can save one’s interest. Negotiation is a part of the day-to-day life. Through the process of negotiation both the parties involved can have their rights to save their own interests.
A deduction of personal allowance of 7,475 is made in the year 2011/2012 (Great Britain: Parliament: House of Commons: Treasury Committee, 2011,103). This figure was increased by £1000 (Budget, 2011, pp.1). The National insurance contributions are calculated under the annual brackets for directors. This is payable by the employer – Jumbo Company.
This project highlights the different segments of strategic management accounting including the performance indicators used by the University of Newland. To assess the strategic position of the university the internal and external analysis has been done in order to assess the organisational and educational environment as a whole.
10 pages (2500 words)
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The International Financial Reporting Standards (IFRS) are a set of guidelines that are sued to guide accountants and financial professionals in preparation and reporting financial information. This paper will discuss the IFRS in terms of its basic information; by discussing its foundation, and how it was formed.
The author explains that segregation of duties, also known as SOD, is paramount in today’s information technology spectrum as one considers: business risks from the standpoint of an IT auditor in an organization; control mechanisms which can be implemented for more effective auditing procedures.
The company sells the following products: Consumer electronics, Personal computers, Domestic appliances, Photographic equipment, and Communication products. Principal products like Brown goods, white goods, computing products, and mobile phones are sold by the company. The company is a multi-channel retailer that sells products over the internet.
Contemporary Management Accounting System Table of Contents Overview 3 The Concept of Management Accounting 5 The Drivers for the Changing Role of Management Accounting Practices 7 The Contemporary Business Environment 8 Role of Management Accountants in Contemporary Organizations 10 References 14 Overview Anthony G.
For many years different organisations, agencies and financial analysts have worked on developing their own conceptual framework however there has been no one common conceptual framework which has been accepted by everyone (Kaplan, & Atkinson, 1998). Considering this situation, in the year 1976 FASB started working to develop a common conceptual framework which could become the basis for accounting standards and resolve different controversies regarding financial reporting (Hines, 1991).
Mergers and acquisitions help companies to build their brand value which in turn become value creators. In 1998, in one of the biggest deals, US oil giant Amoco decided to merge with British Petroleum (BP) which was a 110 billion US dollar deal. After the deal, BP Amoco emerged as Britain's biggest oil and Gas Company.
10 pages (2745 words)
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The debate could as well have finished there. It would be fascinating enough to investigate the disagreement between individuals who signify a point, which seems to meet high ethical principles, although is inexperienced in financial terms, and individuals who eventually would like to get recognition, but cannot close their eyes to the realistic parts along with the problems involved.
Tesco Plc is a global retailer of grocery and other products. Some of the contents of the chief executive officer’s report are useful. One useful content is the report that the company was able to achieve a good set of results in the areas of sales, profits, and earnings per share growth. Another useful content is the increase in the company’s ROCE by 13 percent.
This study identifies the main causes of credit risk for Techcombank before and after the implementation of the new risk management regime. Results of this research will form an important basis in understanding the concept of credit risk, how it occurs in the banking institutions and how it can be prevented.
Strinidal is an industrial island whereby oil, natural gas, agriculture, and industry are the major exports. It has a population of 1,252,800 people and 35% of them live in urban areas. The International Monetary Fund and the World Bank have argued to venture into globalization to increase their business operations so as to reduce their dependence on financial aid (Wallerstein 2004).
The author will assume he is an investor living in Europe and answer such questions:
How much will you pay in dollars if you buy 1000 shares of that firm? How much will you pay in euros?
How much will you receive (dollars and euros) if you sell 1000 shares?
What will be the total costs and net proceeds in each case (dollar and euros), if the broker charges a 0.2% commission for each transaction?
The company is headquartered in Michigan, U.S.A but has received popularity worldwide and it became a public limited company in late 2004. It has branches in all the major cities of the world including London, New York and Kuala Lumpur. The corporation was founded in 1960s and is now the second largest Pizza chain in the U.S.
This research aims to evaluate and present primary reasons and motives of an organization going for merger, various types of bid methodologies used by companies and the tactics for each, the concept of merger waves and analyze the reasons behind the same as either of technological shocks or availability of sufficient liquidity in the market to facilitate continual mergers.
10 pages (2500 words)
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Boeing is a considered the world’s biggest aerospace company and top manufacturer of commercial jetliners, defense, space and security systems (Boeing in Brief, 2011). The company has 63,000 employees around the world and worth $32 billion (Boeing Defense, Space, & Security, 2011).
According to the paper marketing strategies are integral to maintaining a competitive edge as a product or particular brand must “measure up to a threshold of acceptable quality and be consistent with buyer behaviour, preferences and expectations”. The marketing strategy determines the strategic objectives of the business and also centres it as a market-oriented system designed to fulfil consumer needs.
15 pages (3750 words)
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The author states that the leverage ratio for the minimum risk-based capital requirement was initially 2% and the increased to 4.5% meant to help the situation. However, in measuring total risk-based capital, the committee has retained the framework that was adopted initially in determining risk-based capital.
The era of globalization has seen businesses extend their operations in foreign markets making them classified as multinational enterprises. In this course, multinational companies face many challenges. Foreign exchange is one of the major challenges that multinational enterprises have to reckon with.
Better IT systems are needed by the company than those which are being used at present. Keeping in view the likely surge in business in the future the company needs to augment its IT infrastructure. Software needs to be bought which integrates Marketing demand forecast, production scheduling, and warehousing requirements in an integrated way.
Starting a new venture or moving to another country is not an easy task because the investor or the company not only has to face usual risk that a business faces but it has to deal with the exchange rate risk or translation risk (Gitman, 2003).
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Law requires that all public companies present financial statement at the end of every financial period. Financial statements presented by corporations are as results of proper book keeping and independent auditing.
The author states that ordinary residence indicates a higher degree of permanence when compared to the residence. An individual is considered to be ordinarily resident if residence in the UK is of a habitual nature. Therefore, if that person goes abroad for a period constituting a full tax year the individual is regarded as remaining a resident.
“Modern corporations are created by persons, but they are created in the image of their creators” (Donaldson, 1982, p. 3). Despite the fact that they are created by fiction of law, it is corporations that have shaped the way we live and continue to govern our society, economy, and environment.
The following study discusses the various methods by which leases are presently differentiated and accounted for in accordance with SSAP 21, the reason and content of ASB statement of codes, the criticism of the approach adopted by the present accounting standard and at last the amendments to the current accounting standard which have been proposed in light of this criticism.
The author states that Eugene Fama in 1970 developed the concept of market efficiency on the basis of EMH (efficient market hypothesis). He suggested that at any given time the prices of stocks are purely dependent on the information present in the stock market regarding stock or the overall market.
The purpose of this research is to study the effect of ex-dividend declaration on stocks listed in India. This will help in analysing the efficiency of the Indian Stock Market. In addition, it will also provide food for thought to the policy makers in order to increase the market efficiency and thereby capital inflows.
For South Africa to expand its businesses to other nations it has learned of the environment of the global markets. There are also factors that will affect international business, they are, cultural, political and economic factors. Political events in are of great concern because they influence the cost of doing business, the social and economic stability of countries, the accessibility to the human and non human resources (Fung, et al, 32).
An Owner Controlled Insurance Program (OCIP) is a scheme through which an owner of a project tries to provide diverse types of insurances to contractors as well as subcontractors in United States. It is a recognized insurance acquiring/purchasing option that provides risk coverage to insurance owners.
The research studies interest rates, inflation, 10-Year treasury yields, currency exchange rate movements, exports-imports and various economic indicators of US and South Africa such as unemployment and education. The foreign exchange risk has been analyzed if the new business revenue is going to be exposed to various types of exchange rate risks.
In the year 1988, the Basel Committee on Banking Supervision established a capital quantifying arrangement in banks. This system was widely known as the Basel Capital Framework. It has been broadly utilized by almost all the financial authorities across the globe in addition to the entire set of banking entities that possess global operations.
NGOs source their funds through donations, sponsors, or charitable sources. This is different from For-Profit organizations that source their funds from shareholders who are the real owners of organizations. The organizational structure of NGOs and For-Profit is a bit similar in that both sets of organizations are managed by boards of directors.
Business organisations of present era are dealing with highly competitive environment. For the better implementation of business policies, vision and to attain the desired mission, management of every organisation comes up with sets of plan termed as strategies which further promises sustainable growth of the business.
The promoter is assumed to have executed without utmost good faith. This means that disclosure of their activities is the most important issue and they must work within the objectives of the promoters and must use their skills knowledge for the best of the firm. A promoter is any person involved in the planning to incorporate.
The author explains that a promoter refers to a person who assists by procuring capital or otherwise, in promoting commercial or financial enterprises. A promoter main duty is to offer sufficient funding or capital for the company and to ensure that all the formalities required by the statute of incorporation are met.
26 pages (6500 words)
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The aim of this research to verify and to examine the investment atmosphere and different kinds of investments; to recognize and to elucidate the logic of investment procedure and the contents of its’ each phase; to distinguish concepts of theory of portfolio and apply its’ principle in the procedure of investment portfolio configuration; to determine the optimal investment performance appraisal systems.
The intention of this study is cosmetic accounting that can be represented by the income smoothing technique. This consists in deliberate using of accounting policies to report the series of income as low from one period to another for the purpose of showing low wealth to shareholders. This way, the management can reduce the net income’s fluctuations from one period to another.
People have come up with several reasons why the financial crisis occurs and why the impact of financial crisis was so strong. Not only the financial institutions in the country but the overall world economy had to face consequences of the financial crisis.
The report critically evaluates the elements that form the business plan along with their definitions and reviews. The contents of the business plan are put under discussion through various subheadings. It also describes the entrepreneurial traits that are available for one to become successful in his business ventures.