Finance & Accounting Essays

This is a hugely capital intensive venture and require significant investment in assets. Also the company is dependent on fluctuating world markets of commodities such as oil and metals which might affect its profitability. Below is a ratio analysis of the

Over the year, management accountants have had to change their roles in order to fit into changing business environments. Several researchers have tried to analyze the changing role of management accountants to determine whether the position has any role to play in contemporary businesses. Management accountants seem to be moving from their traditional roles of being scorekeepers and controllers in an organization to playing a strategic role.

Though currently many models are also introduced for this purpose which may include Arbitrage Pricing Theory and Mentor’s portfolio Problem, still many investors use this old CAPM because of its reliability. CAPM is used to quantify the risk associated with the assets and then translate it into the returns associated with the securities.

The capital is essential in a business so as to be able to develop business activities, initiate and continue production. By investing and acquiring different types of assets, a company can produce various types of goods and services. Through sales of the finished products and services, a firm is able to earn revenue.

The failure of the governments of a few countries to address the financial debt crisis dating back to the year 2000 became the major cause of the European sovereign debt crisis. The question that lingers in the minds of many is how the financial debt crisis of the few countries could have caused such a global debt scare, yet those countries are not even the major economies of the Euro Zone.

This enables the company to sell its products to consumers all over the world. With over 80 stores and galleries distributed all over, the world, specifically in Europe, Asia, and North America, the company has managed to amass sales and remain ahead of the competition. This makes it always remain a fierce competitor in the industry.

reasingly important for a business to survive in the currently highly competitive corporate sector, organizational leaders have found themselves having to plan for both long-term and instantaneous projects, goals and objectives. Mergers and acquisition have continuously been

The capital pricing model is mainly used or applied to establish the relationship between the risk and the expected rate of return in order to evaluate the price of high-risk securities. It can be established with the following formula (Berk and DeMarzo, 2007). Ra =  Rf  +  Ba  (Rm – Rf) Where, Ba = Beta of the security, Rf  = Risk-free return, Rm = Market return that is expected.

The Saudi Mortgage Law has been established as a measure towards stimulating more mortgage borrowing by the Saudi nationals, to increase the number of the homes that are owned by the Saudi nationals through mortgage financing. The homes owned through mortgage financing in Saudi Arabia accounts for less than 4% of the total homeownership.

In conclusion, the aim of adopting IAS 17 in the accounting model for leases intended to assist lessors and lessees recognizes the assets and liabilities generated by the lease. However, this model resulted in accounting issues of the comparability of various firms across the industry. The complexity of the model also makes it difficult to implement.

From the annual report of the company, it is evident that there are some areas that require heightened audit risk this year. One of the areas in the company that has heightened audit risk is the operating costs. There was an increase in the operating costs of the company by 11%. While the figure was 13.5 million pounds in 2013, it rose to 15 million pounds in 2014.

rs, the global accounting firm of Ernst & Young, as “a material weakness” because their accounting procedures cannot provide “reasonable assurance” as to the accuracy of these accounts as well as an insufficiency of said procedures to provide “an accurate and

The accountants also provide litigation support programs and delver behind the numbers to detect complicated crimes such as securities fraud, money laundering,

Kingfisher is the leading retailer of home improvement in Asia and Europe having 900 stores in eight countries. It has market-leading status internationally in Asia and Europe along with the emergence of businesses in Russia, Spain, and Turkey. “Moreover, its core businesses were developed in France, Poland as well as the UK”.

by dividing dividend by value that it was bought and adding it to the difference between value that it was sold and value that it was bought and dividing it by the value that it was bought. When portfolio includes bond issues, realized return calculations need to focus on actual

The period of analysis runs from 2003 to the year 2007 and it captured the following areas: combined Balance sheet, consolidated statement of change, combined statement of operations, cash flow statements and brief notes of the

The existing balance sheets are not constructed in that manner as they have been categorized into “operating and financing”. In these balance sheets, net operating assets and net financing assets are computed by deducting their corresponding liabilities which is quite a very unconventional method of presenting a balance sheet.

The article describes an analytical framework that can be used to quantify societal savings and other financial consequences especially for health information exchange (HIE). The author of the article demonstrates the effective use of designing adequate pricing policies for appropriate and sustainable HIEs.

Nevertheless, there has been some disparity in the way certain elements of the incomes and costs are accounted for, under different accounting methods. The US GAAP and iGAAP bears some similarities as well as differences, in accounting for certain element of income

A static budget is usually preferred when a business estimates the budget and wants to compare the difference between the estimated budget and the actual budget. Companies use different budgets. Static budgets and flexible budgets are used for different purposes. Each company uses a budget that fits the company’s accounting practices.

This being the case, it would then be easier for such a tax framework to be enforced globally more so in a uniform manner, thus helping to seal all the loopholes that exist in different accounting frameworks that are applied by different countries globally, whose standards, principles and enforceability are varied (Hung, & Subramanyam, 2007:627).

The purpose of this internal report is to present findings on three different tasks required by directors to be performed. These tasks are listed here, and under each section of the report, different issues related to these tasks have been elaborated and discussed. Valuation of a project for the production of a new product involving costs of $ 2 million.

However, the national insurance and VAT are equally important taxes charged to both the employed and self-employed individuals. All the same, there are other types of taxes such as inheritance tax and pensions. However, very few individuals pay the inheritance tax annually considering only a few assets are moved for probation.

In this respect, a successful budgeting should have a concrete long term goal, knowledge of expected returns, contains accurate data, have simple tools of budgeting, and must be realistic in nature. The company that

Currently Home Depot has a total equity capitalization of 59 billion with a share worth $ 25 compared to Lowe’s that has a total equity capitalization of 29 billion and a share

Calculation of profitability assumes that all three activities at each process (Depreciation, Maintenance, and Utilities) are considered independent activities.  The total production cost of all is calculated by taking into account the administrative costs and other costs such as Order Processing, Technical support, and production planning. 

Kent Baker, 2011). Strategies lies at the heart of an organization and all of the strategies are important to strengthen the organizations from both operations and financial aspects. There are certain strategies which

It happens to be important also to understand the wider economy for one to know factors, which influence the personal finance within the United States .This paper looks at family and personal financial changes, which have occurred in the last

It depends on factors whose understanding may be significant to consumers, producers, and intermediaries. Statistical application to the understanding of the distribution of levels of consumption and associated factors is significant to business organizations for policymaking and decisions on levels of production (Lee, C., Lee, J., & Lee A., 2013).

The data analysis is performed by using SAS which has comprehensively produced a descriptive analysis of the data showing statistical analysis of the variables under consideration and measuring the coefficient of variables being considered in the study. The data analysis is expected to produce meaningful outcomes.

Though the Birch Company allows the other division to purchase boxes from outside companies, the other divisions were interested in the enhanced by Thompson division. They

Our fee is $500 per hour for the services that the professionals from our firm will provide to you and $200 per hour for those services that will be performed by the non-professionals. You will also meet any

There are two primary costing systems that are utilized by organizations; Traditional costing and activity-based costing. Both methods calculate the cost of overheads

The Indian banking system provides people with financial security for their funds. It is done by offering loans at competitive rates, paying reliable remittance services, etc. That's how people can save their money. They also invest in financial tools like government securities, long-term bonds, etc.

The financial crisis of 2008/09 affected the credit markets in a major way as commercial banks and other lending institutions moved to reduce their exposure in terms of loans. This means that most of these lending institutions put up strict measures for extending loans while others made it virtually impossible to lend.

The theoretical aspect of the concerned issue has also been presented in the previous chapter. In this chapter, a research methodology will be developed that will direct the pathway to achieve research objectives. Research methodology can be defined as the systematic approach to the collection of data and the determination of the process.

Equity capital formation is advised because the corporation will not be on the hook in case of failure. It also offers a flexible payment regime for the corporation. On the same note; the choice would have a positive attribute on the new venture if it is able to acquire investors. That would boost the chances of future prospects for the venture.

In the United Kingdom, there are companies thriving in this industry utilizing branding strategies to differentiate themselves from the competition. Two UK companies that have been very successful are Burberry and Debenhams. This paper analyzes these two companies by providing insight into their levels of debts, five-year financial history. 

The above transmission mechanism that occurs as a result of changes in base rates all emanates from changes in monetary policies by the CB. Even though such changes affect the prices of marketable securities such as bonds and equities, changes in their prices are in the cases inversely related to long term interest rates.

Companies in almost all industries have ended up having transactions with parties located beyond the borders of their respective countries. The marine industry is among those affected by these trends. The companies therein presently source their equipment and tools from offshore suppliers that offer better quality or more competitive prices.

The stock option plan allows its holder to purchase common stocks of the company they work for at a predetermine exercise option price which is typically the market price of the stock at the time of the issuance. Stock option plans provide companies with the flexibility to award stock options to employees, officers, and consultants.

The company has a very strong asset base and a high level of operating income, meaning that acquiring this firm will add more value. Every investment is worth being undertaken, but what is more important is to understand the financial position of the company, how the company pays dividends and the way the shareholders treat the company.

According to the paper, if a company (engaged in free trade) takes an action against the same, then it will lead to PPP deviation until the profit-seekers make profit by way of arbitrage. The deviation from PPP causes in real exchange risk. The product demand of the company will get reduced, if the substitutes are available in the market.

The author of the essay illustrates the peculiarities of finance and accounting. Besides, it is stated that according to the COSO framework, internal controls are normally based on five main components, which include the control environment, information and communication, monitoring, control activities and risk assessment.

One such strategy is the ability of the bank to create great services and products along a value chain framework. Nonetheless, Westpac’s ability to upgrade and develop new products, or even improve the current products,

One needs to excel in education hard work is paramount. As a student of hospitality management, I have realized that the best moments in life are when one engages the mind in books in search of knowledge. Sometimes, this can be difficult but the resilience and the urge of wanting to know, have propelled many to the greatest heights of success.

According to the book written by Khan (2005), he describes Al Waleed Talal as a Saudi Arabian businessperson and investor who comes from the privileged Saudi royal family that is equally known to be wealthy. Al Waleed

The portfolio theory originated with the use of asset-pricing concept as an investment instrument. Let us assume, the entire financial market consists of three stocks, those of company X, company Y, and company Z in the following manner; X’s market capitalization is $1 billion; Y’s is $2 billion, and Z’s is $3 billion.

On the other hand, when the capital is raised from long term finance or capital then it is considered as a conservative financing strategy. The difference between the two is that firms that are looking for more

Cash flow is the money that comes in and goes out due to different financial, and investment operating activities. Net profit is the amount remaining from sales revenue after the deductions of all expenses of the firm. We follow the accrual method of accounting and under it; net income is calculated by subtracting all the expenditures that the firm has incurred from the total sales revenue.