The Sharia Finance Model As An Ethical Alternative To Conventional Banking

The financial crisis of the past decade has driven a gradual movement towards more equitable forms of banking. For instance, stricter regulations on capital requirements and consumer disclosure standards have been introduced as measures to prevent financial malpractice and predatory lending. However, many of these regulations are indiscriminate, and acts as a drag on the … Read more

Techniques for environmental forecasting 

The term business environment means the totality of all individuals, institutions, and other forces that are outside of a business that but that potentially affects its performance. In business decisions, particularly strategic ones, need a clear identification of the relevant and detailed and in-depth analysis of them to understand their impact and implications for the … Read more

General purpose financial statements

The objective of a general purpose financial statements is to provide financial information about the reporting entity that is useful to present or potential investors and creditors in making decisions in their capacity as capital providers. Also, the objective of financial statements is focused on meeting the information needs of the primary user group. The … Read more

Analyzing Of The Company JPMorgan & Chase

Introduction: As one of the oldest and largest financial institutions in the world, JPMorgan Chase & Co. (JPM) serves millions of consumers around the world. Headquartered in New York City and operating primarily in the United States, JPMorgan Chase also services some of the world’s most prominent corporate, institutional, and government clients. Throughout its history, … Read more

The Role of the Accountant in Corporate Governance of Business Organizations

In context of corporate governance, there are two vital elements that needed to be maintained in order to ensure efficiency and transparency of organizational operations. These two elements are accountability and performance. Shareholder’s confidence is enhanced by good corporate governance practices. Thus, Good corporate governance creates shareholder’s value and secures corporate image in the competitive … Read more

Offshore financial centre and taxes

In fact, an offshore financial center (OFC) is a jurisdiction with low taxation that specializes in providing trade services and company formation to non-resident offshore companies and investing chances for offshore capital. The exploitation of OFC should not for illegal purposes, however, cover-up the legitimates roles of such centers in the global financial system. A … Read more

National bank for agriculture and rural development

NABARD is set up as an apex Development Bank with a mandate for facilitating credit flow for promotion and development of agriculture, small-scale industries, cottage and village industries, handicrafts and other rural crafts. It also has the mandate to support all other allied economic activities in rural areas, promote integrated and sustainable rural development and … Read more

Create and Maintain a Budget

The first step to avoiding the troubles of financial debt is to create and maintain a budget. It’s not as intimidating as it sounds, don’t worry. First off, create a list of all your monthly income and also a list of your monthly expenses. When determining income, list all sources including alimony, child support, side … Read more

Financial Statements Analysis

Every enterprise whether big, medium or small, needs finance to carry on its operations and to achieve its targets. In fact, finance is so indispensable today that it is rightly said to be the life blood of an enterprise. Without adequate finance, no enterprise can possibly accomplish its objectives. So that the study of financial … Read more

Conventional banking system

Conventional banking system: On the other hand, conventional banking systems are much longer than Islamic banks. Thanks to experience and product selection, traditional banks are more advanced. The conventional bank is based on a full-fledged intermediary model that lends borrowers to suppliers and then loans to companies or individuals. They provide marginal interest rates between … Read more

The types of swaps

A swap is an agreement between two counterparties to exchange two streams of cash flows the parties the cash flow streams Purpose of swap is to change the character of an asset or liability without liquidation Issuer of swap can contract to pay a floating rate and receive a fixed rate, or vice versa. Swap … Read more

Financial Market Pricing Of Earnings Quality: Evidence From A Multi-Factor Return Model

Significant manipulations of audited financial statements by public corporations can be problematic for investors and other users of a firm’s financial reports. Greater attention to the concept of earnings quality, a catch-all term for the reliability of accounting information contained in the financial statements of corporate enterprises, may represent a response to perceptions that the … Read more

Why Animal Cloning And Its Funding Should Be Stopped

Man’s best friend has become scientists’ guinea pig. Over and over again, scientists have pushed the government for public funding towards animal cloning. However, animal cloning is morally wrong. Cloning animals is just as inhumane and grotesque as cloning humans is. Scientists also do not know enough information on the safety of cloning, and there … Read more

The Role of the Accountant in Corporate Governance of Business Organizations

In context of corporate governance, there are two vital elements that needed to be maintained in order to ensure efficiency and transparency of organizational operations. These two elements are accountability and performance. Shareholder’s confidence is enhanced by good corporate governance practices. Thus, Good corporate governance creates shareholder’s value and secures corporate image in the competitive … Read more

Framework components of The Committee of Sponsoring Organizations of the Treadway Commission (COSO)

COSO was formed in 1985 to sponsor the National Commission on Fraudulent Financial Reporting. The Treadway Commission was originally jointly sponsored and funded by five main professional accounting associations and institutes: the American Institute of Certified Public Accountants (AICPA), American Accounting Association (AAA), Financial Executives International (FEI), Institute of Internal Auditors (IIA) and the Institute … Read more

Create and Maintain a Budget

The first step to avoiding the troubles of financial debt is to create and maintain a budget. It’s not as intimidating as it sounds, don’t worry. First off, create a list of all your monthly income and also a list of your monthly expenses. When determining income, list all sources including alimony, child support, side … Read more

Profit as the Lifeblood of Business

Profit is the lifeblood of every form of business, be it a sole proprietorship, partnership or a corporation. In its simplest form, profit is defined as “the money that is earned in trade or business after paying the costs of producing and selling goods and services” (Cambridge Dictionary 2017). Corporations strive to make and maximize … Read more

Why Animal Cloning And Its Funding Should Be Stopped

Man’s best friend has become scientists’ guinea pig. Over and over again, scientists have pushed the government for public funding towards animal cloning. However, animal cloning is morally wrong. Cloning animals is just as inhumane and grotesque as cloning humans is. Scientists also do not know enough information on the safety of cloning, and there … Read more

Toshiba financial politics

There are a lot of companies that aren’t being honest with their financials. Some are still committing fraud today hoping not to get caught. With all the deception that has happened in the last few years, I decided on researching and writing about Toshiba’s accounting scandal that was uncovered in 2015. Toshiba was understating their … Read more

Future of CRE Underwriting

You may be a one-man broker shop, a mid-size debt fund or an underwriter working with a large lender. Either way, you understand the importance of correctly extracting key financials from property historical, rent roll and other third-party reports to prepare a loan sizing file. There’s a lot of heavy lifting to be done and … Read more

The difference between Surety and Guarantees

“ A surety is a binding agreement that the signee will accept responsibility for another individual’s contractual obligations, usually the payment of a loan if the principal borrower falls behind or defaults. The person who signs this type of contract is more commonly referred to as a cosigner. Someone may sign a surety contract to … Read more

Healthcare Finance Cost Allocation

Family Practice Physicians Office (the Group) is a medical practice with four locations in the greater Indianapolis, IN area. The clinical staff consists of 20 physicians, all of whom practice in one or more areas of family medicine, and 46 physician extenders and nurses. The Group is organized into three patient service departments: Adult Medicine, … Read more

Importance of Financial Literacy

Financial tools – financial literacy Financial tools can be understood only when entrepreneurs are financially literate. By understanding the important five elements of finance an entrepreneur can be succeed which can be achieved only through financial literacy. Understanding the fundamentals of the financial tools that enable businesses to operate successfully helps entrepreneurs not only with … Read more

Meaning and definition of Mergers and Acquisitions

Mergers and acquisitions refers to the aspect of corporate approach, corporate business and management dealing with the buying, selling and merging of different companies that can support, build, finance, a developing company in a certain industry develop quickly without having to create another business entity. Merger is a tool used by companies for the purpose … Read more

The Importance of Budgeting in Every Organization

Budget is defined as a financial plan meant for a specified period of time. It estimates cash flows, expenditure as well as outlining organizational strategic plans in measurable terms. Therefore the budget, therefore, gives detailed information on how various capital has been allocated for specified purpose regarding the different proposals provided. Budgeting is an essential … Read more

History of MMM

Popularly called Mavrodi Mundial Moneybox, MMM was founded in 1989 by three Russians: Sergei Mavrodi, his brother, Vyacheslav Mavrodi, and Olga Melnikova. The company reportedly started out as a network of computer importing cooperatives. (Womack, 1994) However, it crumbled in January 1992 after a tax evasion charge levied against it by the tax police. Sergei … Read more

The Generally Accepted Accounting Principles (GAAP)

The Generally Accepted Accounting Principles, or GAAP, are the accounting principles, standards, and procedures employed by companies in recording their financial statements (“Comprehensive guide…”, 2018). This principle is used to make sure that investors keep a consistent level of financial statements when trying to figure out which company to invest. The GAAP includes revenue identification, … Read more

The Fundamentals for Career In Finance

The degree in finance or business is a condition for getting jobs in the financial industry, but what if you don’t acquire one , and really want to work in this field? While it is more difficult for someone with a non-financial degree to locked a job in finance, there’s still hope. Every employer wants … Read more

The aims and benefits of Beyond Budgeting

For a long period of time, budgets have been the furthermost vital management and control tool. They are being used to provide targets for a company and help point them in the right direction. Due to the great success of budgets throughout the years, they are being used within almost every company. However, like in … Read more

Conventional banking system

Conventional banking system: On the other hand, conventional banking systems are much longer than Islamic banks. Thanks to experience and product selection, traditional banks are more advanced. The conventional bank is based on a full-fledged intermediary model that lends borrowers to suppliers and then loans to companies or individuals. They provide marginal interest rates between … Read more

Financial Crisis And Global Capital Flows

The recent upheavals in the world financial markets were quelled by the immediate intervention of both international financial institutions such as the IMF and of domestic ones in the developed countries, such as the Federal Reserve in the USA. The danger seems to have passed, though recent tremors in South Korea, Brazil and Taiwan do … Read more

Federal Reserve Act

The banker was frantic. A large mob was gathering outside his bank and the people were clamoring for their money. The banker called the Federal Reserve Bank in Minneapolis and warned that unless this “mad run” were stopped, he would soon be out of currency. With the bank nearly two-hundred miles from Minneapolis, a small … Read more

NYSE: The New York Stock Exchange

The NYSE was first housed at a rented room at 40 Wall Street in 1817. A 5-story building at 10 Broad Street opened in 1865. It was enlarged and remodeled during the 1870s and 1880s, then was demolished in 1901 to make way for the current building. The new Exchange building at 18 Broad Street … Read more

The Securities And Exchange Commission

In 1934 the Securities Exchange Act created the SEC (Securities and Exchange Commission) in response to the stock market crash of 1929 and the Great Depression of the 1930s. It was created to protect U. S. investors against malpractice in securities and financial markets. The purpose of the SEC was and still is to carry … Read more