Financial and Accounting Regulation: Turner Review - Essay Example

Only on StudentShare

Extract of sample
Financial and Accounting Regulation: Turner Review

Financial regulation is a tool used by financial institutions like the banks, investment institutions and agents as well as brokers so that they can meet the obligations, guidelines and restrictions set upon them by government and international agencies concerned with the financial sector. Financial regulations have been formulated with the purpose of protecting investors and clients to financial institutions from manipulation and exploitation from the management and the dealers of the institutions. The regulations also ensure that financial institutions will be in a position to refund their customers incase it ends up splitting due to poor management and other related problems (Vinten, 2005, p220). It is within the mandate of financial regulation to ensure that there is not discrimination in lending loans; an individual operating a grocery must be accorded equal rights and opportunities like a company manager does (Ely, 2008, p1). The regulatory tool ensures that market operations are not interfered with which include interest rates, market prices. ...Show more


Financial and Accounting Regulation: Turner Review Instructor Institution Date Financial and Accounting Regulation: Turner Review Regulation refers to managerial laws and rules that encompasses rights and assigns duties. Different organizations have different ways of developing their laws and policies that are aimed at improving the functioning of the organization…
Author : qmarvin
Save Your Time for More Important Things
Let us write a custom essay on your topic
"Financial and Accounting Regulation: Turner Review"
with a personal 20% discount.
Find out more

Related Essays

Finance and accounting assignment: Advanced financial reporting & regulation
4 Stuffing the channels…………………………………………………………… 8 Cookie Jar Accounting………………………………………………………….. 9 Impairment of Assets…………………………………………………………….
10 pages (2500 words) Assignment
Finance and accounting assignment: Advanced financial reporting and regulation
The research delves on stuffing the channels’ marketing strategies. The research focuses on the Vodafone and Peugeot asset impairment topics. All companies must present realistic financial reports. Question 1: a. Discussion of the incentives why managers would resort to extreme earnings management technique.
10 pages (2500 words) Assignment
Financial Regulation & Supervision
The changed face of business has brought changes in the way the transactions occur through debit cards and credit cards, and the issue of security that has often been cited as a barrier to ecommerce (May, 2000, p.165). In response to such a barrier, firms engaged in such business have continuously assisted establishment of set of standards known as PCI DSS that today governs all the firms engaged in online transactions in the developed world.
9 pages (2250 words) Essay
In the final accounts, it is an expenditure that is deducted from the revenue. Deprecation shows the amount of decrease in the past worth of assets. Stakeholders can review this data and identify when to purchase substitute assets for the organization. For instance, an industry frequently replaces its manufacturing equipment at some time throughout its operations.
7 pages (1750 words) Essay
Graduate Accounting Capstone - Accounting and Audit Enforcement
The company is located in Birmingham, Alabama in United States. It is the largest owner as well as operator of the inpatient rehabilitative hospitals. The company operates in more than 28 states throughout the country and serves the patients through its channel of the outpatient rehabilitative hospitals, inpatient rehabilitation hospitals and various health agencies.
6 pages (1500 words) Research Paper
Review : Accounting and Regulation Will there ever be full comparability?
It is important to note that comparability has been applied in this context to infer to the extent, state, or quality of different accounting procedures and regulations being comparable. Therefore, this section will discuss aspects of accounting and regulations that will enable full comparability and even those aspects that will discourage full comparability.
3 pages (750 words) Literature review
Accounting Controversies
Enron has developed into becoming a part of America’s top ten companies in the span of nearly two decades. Their sudden rise to power seemed impossible to many industries in the financial world. However, the scam which brought upon Enron success was discovered.
5 pages (1250 words) Essay
Find out how much would it cost
to get a custom paper written by a pro under your requirements!
Win a special DISCOUNT!
Put in your e-mail and click the button with your lucky finger
Your email