Finance & Accounting Essays

This study entails the balance sheet and its components. The balance sheet is a type of financial statement prepared by all business organisations to represent their financial position at a particular point time when the balance sheet is prepared by them. Balance sheets are generally prepared by a company at the end of its financial year.

Circumstances led to the situation in which the giant loss incurring banks due to the subprime crisis have to solely depend on capital flow from the Middle East, Chinese, and investors from Singapore. Thus major nucleus of these losses has been related to credit risk.  Thus the notion of credit risk management is a grave concern in this world of complex financial milieu.

According to the report the concept of the organisations without control is actually not possible. Controlling the organisation is important to achieve the organisational objectives and purpose and through process of control, it can be ensured that organisation is adapting to its environment and moving on the right track to achieve its goals.

Advance Corporate Finance Table of Content Introduction 3 Organizational Structure 3 Corporate Governance 5 Previous Merger and Acquisition of Crown Limited 7 Reference 8 Introduction This paper represents organizational structure and corporate governance of Crown Limited, a famous international entertainment company and one of the largest entertainment groups in Australia.

This report shall carry out a financial analysis and equity valuation of Burberry Group Plc using information from its financial statements for the four-year period ended on 31st March 2012. The researcher analyzes the importance of income statement vis-à-vis that of the balance sheet as the primary financial statement from the perspective of an equity investor.

It is essential to state that the global relationships among people, cultures and economic activities have increased considerably in the past decade and most of this globalized state of the economy can be attributed to a reduction in international trade barriers such as tariffs, import quotas and export fees.

A derivative is a type of financial instrument and a contract drawn between two parties for certain assets that are subject to variables such as the value of the assets, dates and notional amounts. These variables determine the payments that must be made for the parties. Assets that are used include stocks, commodities, bonds, currencies and interest rates.

Introduction In today’s world the primary objective of a firm is to survive the cut-throat competition and one way to do that is to make more profits and add value to shareholders’ wealth.The ladder of success for any firm is ‘growth’ which can be achieved either by expanding existing resources or introduction of new products and services.

Rates of interest are considered to be the price that is paid for a period of time for the usage of a sum of money. Thus, for the determination of the value of a bond for a period of time, the rate of interest is a useful metric that would help in the determination of the present value and the future value of the bond.

I would align employee objectives to the organizational objectives, thus leading to a synergistic operational framework. The Taj Group has emphasized upon talent management as the source of the company’s sustainable competitive advantage. To ensure that employment resourcing is aligned to the business goals, the management has implemented many programs such as STARS, BSS and ESTS.

It holds a considerable market share and manages its operations through a well-established supply chain. Perfect Pies Limited generates its turnover through selling its product under its own brand name and also by supplying to a giant and renowned supermarket chain. The financial outlook of the company and its turnover are stable.

Enough evidence was discussed to say that placement in foster care puts the child at risk of developmental constraints, especially on the formation of desirable behavior. Although the legislation approves and thrives for the reunification of adopted children and their biological parents at the right time, this does not help.

The value of a bond that is issued to any company is determined on the basis of a company’s credit ratings; the lower the credit rating is the higher return will be demanded on the loan notes invested in the company. For this paper the focus is on Microsoft Corp and Aon Corp.

Hellen Gebremichael’s article “The Costs, Benefits, and Unintended Consequences of the Sarbanes-Oxley Act 2002” published in August 2012 expounds on the positive and negative effects of the Sarbanes-Oxley Act. The study entailed a review of existing literature on the Sarbanes-Oxley Act. He did it as part of a degree in Accounting and Finance.

Whenever the value is positive then it means the company has made profit, and if the value is negative then it means the company incurred loss. Retained earnings exhibit what the company has reinvested in operations since its inception out of profit generated.

Its purpose is to enhance the health and welfare of a section of the most susceptible youth and children living in societies that are highly affected by poverty and HIV menace.. The organization has a target of seeing the society in question who feels endowed to cater for the needs of the children.

Among the company’s leading brands are its Mercedes A, E and S classes all of which are prestigious and luxury cars used worldwide by dignitaries and leading business people. The company also manufactures Actros and Antos both of which are heavy commercial trucks.

Retinoblastoma protein (pRb) plays an important role in the epithelial cell differentiation and viability apart from this they also act as positive transcriptional co-regulators. These retinoblastoma proteins were phosphorylated and dephosphorylated in the mammalian cells and were found to play an important role as tumor suppressor genes.

At a local level, it makes way for efficiency while at a pan-European level it assures that the decision-making power does not get concentrated into the hands of the national governments. However, the multi-level system of governance leaves many questions unanswered as to the need for and mechanisms of assuring accountability in a political system governed by multiple centers.

According to the research, it can be said that many financial managers and investors will confront opportunities to earn positive rates of return on firm funds.  This may occur through investments toward attractive projects or in interest-bearing securities or deposits.  The timing of cash outflows and inflows has valuable economic consequences. 

Management accounting is the accounting intended for the internal stakeholders of an organization. It helps managers to take sound decisions for the betterment of an organization. Accounts department, production department, sales department and the business processes are some of the data sources for management accounting.

Considering the fact that investment is one of the most important drivers of economic development, when firms and individuals take risks to invest, the productive capacity of an economy is consequently increased. Increment in the productive capacity of an economy increases its ability to produce goods and services, which consequently lead to an improvement in people’s living standards and increase in per capita income.

It has traditionally performed the role of converting one currency into another (Madura, 2009). It is consistent with the principles of market economy laid down by Adam Smith, according to which the value or price of a currency is determined by the market forces of demand and supply.

Sheila Bair’s Bank Shot as written by Joe Nocera is an exit interview on Federal Deposit Insurance Corporation’s (FDIC) chairperson Sheila Bair published a day after her term expired. The interview basically revolved around the 2008 financial crisis, highlighting the important role played by Bair before, during and after the event.

Toyota Motor Corporation was started in 1933 in Japan. It is a business dealer in an automobile as well as financial services and housing deals. The company stands as the leader in the automobile industry followed by general motors and other car manufacturing industries. The company has its wings spread all over the world supplying cars.

Virgin money is the owner and operator of the bank. It is located at Regent Centre of United Kingdom. It is the earliest bank which suffered a bank run once it approached the Bank of England for a facility of loan. The bank was taken into ownership of the public in 2008 after failing to find purchaser for the business.

Cost accounting and information systems offer benefits to many companies; cost accounting is normally a method of accounting in any organization that is concerned with the manufacturing goods and goods sold at the same time. Cost accounting systems offer a means for performing an accurate inventory valuation of the inventory at hand.

Advance Corporate Finance Valuation The free cash flow is the measurement through which the financial performance of a firm can be detected. This is the amount that helps the company to analyze the profitability of the company as the expenses and the amount to be reinvested by the company is already made.

The concept of the conceptual framework can be regarded as recent in the field of business and accounting. In the past, people involved in the setting of accounting standards used to operate in the absence of conceptual frameworks. .

The company believes in ethical business practices and regulatory compliance. The paper explores about the procedures that Microsoft has put in place to ensure ethical behavior. The paper also focuses on the processes that the company employs to comply with SEC regulations.

Generally, in financing decisions, there is not too much say in the managers. However, in those cases where the managers are provided with some sort of autonomy and liberty, they start exploiting such opportunities in their favor by surpassing the organizational interest and preferring their interest. 

After finishing my MSc Finance, if I could get the opportunity I would like to work in the UK for a brief period and then would like to migrate to China where I wish to develop my career. I would also like to do CFA to broaden my scope. I am choosing China for my career growth instead of my home country Malaysia because the Chinese economy is developing at the rate of over 8 percent consistently, and it will provide me with a plethora of opportunities there.

It is commonly believed that good managers make good leaders or a leader requires managerial skills in order to become an effective leader. Certain people believe that the concepts of management and leadership are different from each other; others are of the belief that these two terms are similar and are used interchangeably.

It needs a high growth to attract labours that are unemployed in the agricultural sector and, thus, promote employment. As China does not have much in its way of social welfare payments, so, the authorities are aware that without job creation in the manufacturing sector they could face social unrest and high level of unemployment.

New Heritage Doll Company's main business specialization is in the toys and game industries. Its total revenue in the U.S. game and toy industry was $42 billion in 2008 and this was projected to increase to $52.5billion by 2014, this implied an average 4.6% increase annually. Capital budgeting to facilitate the growth seems hectic since the production division was weighing each project proposal.

This research paper analyzes impact of the recession on the three supermarkets Tesco, Sainsbury and Morrison. The research problems identified in this report are applicable to comprehending the overall effect between the economy and the supermarkets.

There are different types of investing one is through investing through physical capital; this is where the any particular firm invests through buying capital so as to improve their state. Through this investment physical capital is involved to earn higher profits in future of the firm.

As the film described, what it had been perpetrated over the prior 20 years to the collapse taking place was a systematic and fundamental removal and restructuring of most of the regulatory controls that it previously insured that the economy functioned in an ethical and reasonable manner.

The global financial crisis started with the deterioration in the performance of the housing markets in the US. The investments in housing, real estate and properties were lucrative in the initial days. The investors had the opportunity to multiply their amount of investment in a short period of time due to the appreciation of prices of the land properties.

Treynor ratio refers to a measure of excess returns that can be obtained from a given investment operating under a risk-free rate. Treynor ratio utilizes beta rather than standard deviation when determining portfolio returns. It assumes that relevant risk is systematic whereby; the inherent risk can not be diversified through portfolio management.

Corporate and financial risk analysis involves the use of various strategies and methods. Proper implementation by investment managers helps them identify the various risks that they may incur during the trading process. It, however, requires a well-trained eye and an experienced specialist. This is because the final decision-making process is not as easy as 1, 2, and 3.

In this way the use of trains and rails are promoted versus the average community that places more emphasis on roads and highways (Brown, & Damon, 2012). Brown estimates that there are currently over 4000 communities considered urbanism projects within the United States with half of those being historic projects.

In the past decade, the world has been plunged into a global economic crisis, with many countries, mostly the western developed states experiencing major economic difficulties and losses.  The crisis caused significant hardships to middle and lower-class families, as well as various businesses and companies.

Nonobservance of this provision will attract both fines and imprisonment. (Walton & Henderson 2005:17). Under s 195(2), an interested director of a public company may vote and even present in the board meeting provided if the board passes a resolution before such matter is voted upon The nature and magnitude of the director’s interest in that business are taken into recognition by the board

There are two types of assets in business, intangible assets and tangible assets. Tangible and intangible assets also have different methods of calculating their rate of depreciation thus it is absolutely necessary for accountants to differentiate them. A person dealing in accounting needs to carefully understand these two types of assets in order to help him record them properly.

The exceptional rise in bank reserves that have been caused by the responses of the central bank to the present financial crisis has brought about substantial anxiety concerning a potentially uncontrollable and explosive future inflation increment. Practically the same concerns in the Federal Reserve during 1935 promoted an immense rise in reserve requirements for 1936.

The low earnings (at the level they were 10 years ago) combined with rising cost of living because of soaring commodity prices have worsened people’s living standards. Basic costs have risen by 45% whereas the Minimum Income Standard prices increased by 25% (Croucher, 2013).

Private equity firms have undergone some structural changes over the last few decades. Since the financial crisis, these changes have become more distinct and have affected the operations of private equity firms. Almost all industries are developing by keeping pace with the rapid technological changes that are occurring in the era of globalization.

Additionally, in its concluding arguments, the discussion emphasizes on an ethical dilemma as to whether those attributes which are contrary to the CEOs beliefs in Acme will be addressed in the report. Correspondingly, the notion considered has been in favor of maintaining transparency in the report and addressing all crucial facets of doing business in China.