Finance & Accounting Essays and Research Papers
Strategy of Object-Orientation Development
Object-Orientation Development can be a great help when using an iterative development process. Groups of objects can be identified that are needed to provide certain functions of a system, these groups of objects can be manipulated and modified to perform certain tasks, other objects can then be added to the system.…Read Text
International Accounting Standards Board as a Global Answer to Accounting Policy Variances
International Accounting Standards Board has done well in establishing itself as a prudent accounting standard. Its efforts and achievements are worth mentioning. IASB developed 33 accounting standards. Its co-operation with national standard setters; it has national standard setters in its board and also calls for participation from interested groups.…Read Text
Questions on investment
iii) Every investor tries to reduce the risk associated with its portfolio. If the investor is willing to accept 10% of risk as shown in figure 1 it is difficult to get good results. As the risk is high and return is also high, this position becomes more sensitive to the market fluctuations. At this position a slight change in the market will affect the portfolio more. Investors can go for the risk free return but it is usually unrealistic as allowances for the differences in borrowing makes…Read Text
Is accounting the most effective means of achieving accountability in organizations
2. As budgets include cost definition and measures, they increase coordination as well as better planning among the various departments of a company as budgetary control in an organization forces management to think in a constructive manner as a group. Failure towards development of accurate budget in a company can easily result in a situation where all the different departments in the organization will tend to function in an un-planned and non-coordinated manner, which would certainly fail in…Read Text
Balanced scorecard evaluation
According to Kaplan and Norton (2004), an analysis of the objectives of an organization’s internal processes helps the management of an organization to understand and choose type of process that are very important for satisfying its shareholders and most importantly, its customers. Basically, this performance measure outlines the main processes which an organization must focus its efforts for it to excel.
An analysis of the learning and growth perspective of a BSC enables an organization to…Read Text
Fraud Meeting the Challenge through External Audit
The paper "Fraud – Meeting the Challenge through External Audit" is a brilliant example of a term paper on finance and accounting. Fraud in business enterprises has become one of the major phenomenons in the industry. The research paper will describe the fraud cases in Canadian organizations as well as the role of external audit to meet the fraud challenges.…Read Text
European sovereign debt crisis DURING 2010-2011
(Mitropoulos & Pelagidis, 2010)
These programs have been progressing at a very slow tempo and have, therefore, derailed the reform programs in the health, labor culture and pension schemes and for such reasons, the country has been facing major structural unemployment in the last decade especially among the young people. This has been compensated by the GDP in regard to the feeble laws that have been imposed. (Schneider et al., 2010) On April 23rd 2010, the Greek government made an official…Read Text
Capital Budgeting and Investment Appraisal: The Gamma plc. Case
That can be a reason of late payback period. It is possible that if the project will generate inflow for year 1 than there would be clear decrease in payback period of Gamma plc.
The main problem with the payback proposed investment is that payback ignores the overall profitability of a project by ignoring cash flows after payback reached. In this case the benefits after the payback life are ignored.
The discounted payback period of Gamma plc is 3.7 and is a significant proportion of the…Read Text
Advanced Financial Reporting and Theory
Critically assess how the use of IFRSs contributes to increased transparency for stakeholders, and the extent to which IFRSs can influence economic stability. You should develop your arguments in the context of appropriate accounting theory.
The international business scenarios has evolved in the last decades more than it had for many previous years. This accelerated growth is a result of advancements in information technology. There are two different aspects of information technologies which…Read Text
Contemporary issue in accounting
Part- A Introduction Information Asymmetry deals with the access and knowledge of information for parties to any given transaction. Information asymmetry therefore arises when one party to the transaction has better information than the other. Based on this asymmetry, person having specific information therefore may be at advantage as compared to party which is relatively ignorant of this new information. In such a scenario, the overall transaction can go wrong and it is often considered as the…Read Text
John Jones Dr Sullivan Finance 201 22 June Decision Analysis Financial Services Corporation Implementing an HR Balanced Scorecard Background Information
Financial Services Corporation is a large money services corporation with offices throughout the United States, although it is mostly centered the East Coast of the country. With over 70,000 employees its Human Resources division has an almost overwhelming task in carrying out its daily duties, especially considering the volatility of the…Read Text
One drawback of employing a mean-variance analysis to find efficient portfolios is that means and variances require estimation which is done with a degree of error. Although, in this case, there are only two stocks, for the real world where there are many stocks and other investments to choose from, the full use of this analysis as a tool for portfolio management is limited (Grinblatt and Titman, 2002).
In order to examine the performance of the weighted average portfolio (50% in BARR and…Read Text
Logo> Balanced scorecard [Semester] Balanced scorecard Introduction A balanced scorecard is a performance measurement tool used in strategic management to discover and develop a variety of internal processes as well as assessing of the impacts of the external factors. In particular, the purpose of this technique is to measure and assist organizations in the implementation of their goals and strategies. The balanced scorecard method is used by organizations for different purposes including…Read Text
Financial Statement Analysis
3. ECONOMIC FRAMEWORK
After the recession, the economy has suffered and there has been a decline in the construction industry as well. Because of a decline in the construction, the revenue of Boral had decreased after 2008. The revenue of Boral though has increased by 6% in the year 2012 and it has crossed the figure of $5 billion again after 2008. This shows that the company has started recovering after the decline in sales because of recession. The following graph shows the trend of revenues…Read Text
The supporters of the gold average center on the method it averts the management from delivering paper money as a measures of refreshing their financial system. In the gold average, the management could not enlarge base currency if the budget was in exchange deficit. It was reflected that the gold benchmark acted as a ways to regulator the currency supply and produce price intensities in diverse exchange nations, which were reliable with exchange stability (Regan, 2006). The local financial…Read Text
Integrating the benefit and income tax systems into one system of the current system In the current UK taxation system, income tax system is different from the benefit system. Income tax system has two different types of taxes – income tax and national insurance. Income tax involves the amount taxed on individual earnings such as salaries, business profits, sales, corporate profits, capital gains and other sources of income. On the other hand, National insurance contributions include the…Read Text
Accounting Theory Research Assignment
Accounting Theory Research Assignment Table of Contents Table of Contents 2 Article One 3 Summary (Part A) 3 Accounting Theory (Part B) 3 Analysis (Part C) 4
Article Two 5
Summary (Part A) 5
Accounting Theory (Part B) 6
Analysis (Part C) 6
Article Three 8
Summary (Part A) 8
Accounting Theory (Part B) 8
Analysis (Part C) 10
Summary (Part A)
The name of the article is ‘Latest effort at transparency just muddies water’ which was…Read Text
Financial Strategy Analysis :A case study on ADIDAS
It is using financial information to improve effective decision-making so as to sustain a more positive market position against competition and also achieve a greater net income by examining costs of production, administration, labour, and even procurement.
1.2 Research objectives
Having defined the importance and relevancy of financial strategy analysis and corporate life cycle issues, this research project aims to understand what specific strategies are in place with a firm that has reached…Read Text
Tax avoidance; a debate easily resolved
Discussions have always revolved around how such activities and behaviors by companies affect corporation taxes with the effects even silt to other taxes like VAT (Freedman, Loomer & Vella 2009).
As opposed to tax evasion which is illegal, tax avoidance has never been viewed as illegal in the eyes of the law despite the fact that the avoidance of taxation by way of bending the rules of tax being viewed as working under the letter of the law as opposed to the spirit of the law. Ethics comes in…Read Text
Referee report On the implications of market power in banking: Evidence from developing countries
As compared with the body of literature the efficiency of research based on the relationship of the market research and the bank efficiency does not practically exist for the developing countries.
Those studies in a bank level are measuring the competition for investigating the important of the market power for the efficiency of bank in the developing countries. The market power should also consider both the cost and the profit efficiency (Dietrich, 2009, pp. 45-47).
The most important part is…Read Text