Study Like a Boss
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
It is worth incurring significant debt to earn a college degree. One of the main advantages of obtaining a higher education that many people can agree upon is a future with some type of financial security due to a steady profession and income. According to College Board’s Education Pays 2013 report, individuals with higher levels … Read more
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
Budgeting a project is extremely important. It can be argued as one of the most important aspects of a project. De Waal (2005) states, “Traditionally, budgeting is considered to be one of the most important management tools to steer the organisation, evaluate its performance and motivate its people” (p. 56). Budgeting can make or break … Read more
Introduction EKO India Financial Services is an Indian Fintech company founded in 2007 with the mission of enabling any financial transaction for anybody from anywhere. It is a Business Correspondent (BC) and also has been issued PPI license from RBI. It provides one of the largest and the most efficient domestic money transfer services in … Read more
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
Executive Summary: Natureview Farm Issue at Hand Natureview Farm’s venture capital investor is ready to cash out, but in order for them to so do, they require the company to increase revenues by over 50% in a period of less than two years. Until now, Natureview has been sold exclusively through the natural foods retailer … Read more
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 stock market crash of 1929 during the terrible many people were left homeless because they did not have jobs, without the people having jobs they did not have enough people to pay for their house or food for their children, this made mothers very upset when they couldn’t afford food for their kids. According … Read more
Japan being a high developed and market-oriented economy is the third-largest economy in the world by nominal GDP and is the world’s second largest developed economy, Japan recovered from devastation to become the world’s second largest economy, All of this was only possible after Japan joined World bank in 1952. The help of World Bank … Read more
The simulation that will be discussed in this paper concerns the decisions that a coffee shop’s owner needs to make in order to expand their business. The name of the shop is El Café and in located in Minnesota. The owner has decided to expand the business because it is becoming profitable and expanding the … Read more
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
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
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 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
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
The financial crisis that occurred in 2007-2008 took a major impact on the United States, it was considered the most dangerous crisis since the Great Depression. Due to the fact that this crisis did not just effect the US, it continued onto a global level. It started off in 2006 when the pricing of many … Read more
Factors to be considered while writing a Variance report Since the monthly budget results of my variable hospital epartment gave a higher salaries and lower supplies than the initial budget, the following factors will be considered to decide which variances to investigate: First to consider is the reliability and accuracy of the figures provided. It … Read more
Introduction and Situational Analysis The lessons from the collapse of Enron on ethical standards will never fade. In its prime, the company stock was selling at $90, and it had assets worth sixty-five billion, a growth that had taken almost sixteen years. However, in just three months all the gains were lost culminating in the … Read more
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
“ 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
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
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
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
American Accounting Association describes depreciation as, ” Any decline in the service potential of plant and other long term assets should be recognized in the accounts in the periods in which such decline occurs. The service potential of assets may decline because of gradual or abrupt physical deterioration, consumption of service potential through use even … Read more
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
Most people are stressed over high credit card bills, and high interest rates and monthly payments. People usually cringe when they hear the word budgeting. There really is no need to. You can relax about it. In fact, budgeting is the only way you will be able to have peace of mind and take control … Read more
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
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
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
GENERAL VIEW The massive success of the blockchain industry in 2017 has steered up the interest and acceptance of individuals, organizations and some governments. Furthermore, since 2017 till now, the technology has been used to subdue the centralized model of operations that has kept a lot of individuals and organizations in a bad situation whereby … Read more
Capital markets are the financial markets in which stocks, bond, debenture, etc., can be traded between the buyers and the sellers. Capital market is very much essential for the functioning of the economic output. The trading in the capital markets are done for the long term investments only, that trading activities will be done by … Read more
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
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
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
Outline the differences between the rules of tracing at common law and in equity. Should the rules of tracing at common law be changed so that they are not as restraining as at present? The law of tracing has historically been beset with confusion about the nature of the tracing process. It is sometimes referred … Read more
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
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
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
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
Budgeting is the systematic method of allocating financial, physical, and human resources to achieve an organization’s strategic goals. Budgets are utilized by for-profit and non-profit organizations to monitor the progress towards the goals, assist in the control of spending, and help predict cash flow for the organization. The central challenge that budget developers encounter is … Read more
It’s no secret that financing a college education is getting tougher. College costs have skyrocketed over the past decade or so, and there’s no relief in sight. Average tuition at four-year colleges will increase 7 percent this school year, double the rate of inflation. Student aid is not increasing fast enough to plug the growing … Read more
“Spending financed not by current tax receipts, but by borrowing or drawing upon past tax reserves. ” , Is it a good idea? Why does the U. S. run a deficit? Since 1980 the deficit has grown enormously. Some say its a bad thing, and predict impending doom, others say it is a safe and … Read more
The purpose of this paper is to discuss the short- and long-term effects of current budget deficits and the nation debt. In order to do this; I first had to find out exactly what they were. I will also discuss whether I think the government should operate with a balanced budget. Budget deficit is the … Read more
“No matter what your social issue, if you want to solve it get the money out of politics. Only then will lawmakers vote for their people rather than their pocketbooks. ” Jack E. Lohman. Money corrupts politics, and when contributions are being made to candidates it is not in the best interest of the American … Read more
Economic Growth is defined as the way that the real income of an economy increases over time. This generally signifies that the economy is wealthier and producing more, individuals are better off, and that living standards are higher. A more technical definition would go into the way that Economic Growth is measured – usually in … Read more
The year 2001 had been unlucky for Turkey. Apart from the crisis in 1994 and November 2000, the country had to face another financial crisis, causing problems in the management of its economy. Why does a country delve deep into financial crisis? What are the possible immediate triggers for both the current and potential new … Read more
Greater access to the international financial markets has bestowed many benefits on developing countries, but it has also exposed them to the vicissitudes of these markets. In addition to the macroeconomic challenges posed by large, potentially volatile flows, the sizable external foreign currency debt of many developing countries makes them vulnerable to swings in international … Read more
Richard Hofstadter from The American Political Tradition and the Men Who Made It believes President Andrew Jacksons refusal to recharter the Bank of the United States was politically popular but economically harmful to the long-term growth of the United States. Peter Tenim, from The Jacksonian Economy, believes international factors, such as changes in the monetary … Read more
Computers have made financial bookkeeping much easier, and people no longer have to spend hours tracking investments or pay someone else to do their taxes. Moreover, the advancement in technology has allowed governments to cut back on the number of big companies and employees hired to process tax returns, resulting in the saving of millions … Read more