Finance & Accounting Essays

The company operates numerous warehouse stores in New York, Atlanta, and Los Angeles. In addition, Florida, Northcoast, Georgia, and California also host over seventy stores belonging to Ameritel. Ameritel gives priority to business partner connections, field employees, and newly identified customers in its list.

This is complete opposite of high-risk investments where the interest rate varies since it relies on market demand and supply. In the case of taking uncalculated

Firstly, begins with identifying the threat, and the significance of threats is then evaluated if on acceptable levels. The Code of ethics is affected. The evaluation is done. This checks if the threats are eliminated. The process is done continuously until the threats are eliminated each time using a novel code of ethics.  

Though this one definition cannot define wholly what accounting is as its users differ on what is accounting according to David Solomon’s accounting theory presents an objective representation of the true reality this view has been challenged by Tinker who argues that there is a difference between the underlying real value and commodity prices.

Hopkins (2007) is of the opinion that CSR is a voluntary corporate-driven initiative. In addition, Rahim (2013) stresses that CSR requires firms to perform their operations in compliance and inaugurate programs that further some a noble society. However, the activities should operate beyond the firms’ interests and legal requirements.

In this section, the significance of budgeting will be analyzed in the company in consideration. This will cover the purpose and limitations of budgeting. Third, the analysis of the company’s costs such as materials and labor. The trend analysis of the company’s key items in the income statement and the statement of cash flow.

IT help desk service provides IT support for solving software related problem, which are received from various complaints through phone calls and mails. The function of IT help desk is to provide guidance about products such as

In his book on asset analysis, (Director, n.d.)1 Explained that, some scenarios arise in business, when the lease option is beneficial than purchasing the asset. In this document, a case analysis is done at the Riverbend Telephone Company, to

The year 2007 also registers a higher return on equity. That may be an indication that in 2007, the company was in a better position to maximize resources to generate profits (Bragg, 2012). Apart from the cash ratio, the liquidity ratios are

The International Federation of Accountants (IFAC) has set ethical standards for the accounting profession that includes integrity, objectivity, and confidentiality linked with the auditing profession and many more. The auditors offer their service to the external client companies that in turn has raised the issue of independence both in the case of internal as well as external auditors.

For an employee like O’Neill, who had joined the company with so much enthusiasm, it was quite devastating to come to realize that the company had serious problems in various aspects including poor leadership, poor employee motivation strategies, poor organizational culture, and work stress. Despite trying as much as possible to remain committed to the company, he had to give up and resign.

In finance, the bond is considered a debt instrument in which the investors lend money to the issuers of the bond for a definite period, with an obligation to receive a variable or fixed interest rate after a specific interval and the principal amount at the end of the tenure of investment (Choudhry, 2010).

It is important to note that assets of all categories will be affected with the transaction i.e. current assets as well as non-current assets. Examples of assets accounts to be affected by this transaction include accounts receivables, inventories, cash or balance at the bank, prepayments, plant and machinery, furniture and fixtures, goodwill. 

The investor is treated as a neutral investor and from the question I gained some information about investor such as annual income, the period he likes to invest, family situation etc. On analyzing his income, it transpires he has enough income to invest but he is only willing to take a limited risk. He also proposes to make an investment for a five year period.

to social prosperity and economic growth, their poor performance in complying with tax obligation has been identified as a significant problem in many countries, particularly in UK. This piece of research evaluates the current tax legal system related to small business taxation

pared and planned so that the Apollo Shoes staff and our audit staff members involved are well prepared to perform the audits from the outset (Puncel 2008). Our rationale shall be based on meeting the overall objective of our audit, which is to present an opinion on whether the

The author of the essay casts light on the services provided by Kiva microfinance. Notably, with the high rate of unemployment globally, people from rural or remote areas have been encouraged to borrow money from Kiva microfinance to help them come up with profitable business that can enable them to meet some of their basic needs.

This fee will be treated as direct cost of acquisition and it will not be considered for the purpose of computation of consideration paid. Straight line method is one of the easiest methods to compute the

The most obvious benefit in streamlining hiring process is the savings in time, labor hours and ultimately, money. By eliminating the red tape of sporadically placed interview sessions with a multiple hurdle layout, it will easily allow easy scheduling of interviews that can be held in the same day without waiting for a pass/fail for each interview session.

Despite Goldman and nestle including a premium over the sales of Eskimo during the 1990 financial year (47 million dollars in sales against 57 million dollars’ worth), the Eskimo pie company should be more than that. This is because of various reasons. Firstly, Eskimo pie was third in having the largest market share with a 5.3%. The second was Klondike with a 5.4% market share.

The International Auditing and Assurance Board has presented more than 25 Auditing standards. The standards cover the topic from the stage of selection of the audit client to the stage of the issuance of the Audit report. The standards cover risks and procedures to identify them. Now, IAASB has presented more clarified auditing standards.

The profit obtained by selling Mark 1 is assumed to be part of the cost of purchasing the new plane. The new plane also comes with increased revenue generated and this would increase NPV. The two cases, however, have the disadvantage that no matter which option is taken, there would be no revenue for the first year.

The company has a higher debt-to-equity ratio (0.6882) as compared to the industry’s average of 0.53. The company records a lower times interest earned ratio (4.46) as compared to the

Other than having a lower beginning cost, these more seasoned titles had a slower however unfaltering request over the ordinary physical life of the tape. The stress of the Blockbuster administration was that the standard Blockbuster store has 10,000 tapes with 7,500 separate titles, and was not at all like their rivals (Palepu & Healy, 2012).

As the report declares Africa is full of resources that are still to be exploited by companies so as to derive the most out of the resources. Investment in this area has the power to change the landscape of the continent. The ability of entrepreneurship has already demonstrated itself over the globe with businessmen across the continents.

Banks put pressure on him that the margin calls on his stock in the company, which financed his other businesses, be covered.

Britain should learn from the OECD nations which have reduced their income tax rates to stimulate their economic growth. However, by increasing the income tax rates to 50%, the UK has lost its competitive position as being a low-tax regime. When Margaret Thatcher came to power in 1979, she reduced the income tax rates from a whopping 83% to 60%.

les are done through offshore stores and employees, direct exporters, offshore representative office, dependent sales agents and independent sales agent. However, the resale margins made by an exporter’s UK subsidiary for instance; is not likely to be included in a US

Financial service industry is no longer playing a critical role aimed at initiating corporate social responsibilities as expected. The primary essence of a corporate social responsibility is not all about socializing corporations. The

BNP Paribas is a company that deals with financial services and the same time a bank found in France with its headquarters in Paris. It is a product of the merger of Paribas and BNP that took place in the year 2000. It is rated as one of the world's largest banks. 2012 data ranks BNP Paribas as the third largest bank.

The methods for price reduction promote a continuous flow of goods in the business. For this reason, expired or outdated goods evade the business. It is an advantage to the retailer because the business avoids losses in form of wastage. Perishable and highly perishable goods are in light of the discussed.

Quality remains the key to having a market edge in a competitive business. The sale of any gives company based its product on the market. The customer evaluates the product quality before they purchase. A company that compromises its quality on the ground of financial position is likely to lose in the market.  

Corporate governance is a practice that aspires to assign business resources in an approach that capitalizes on value for all stakeholders of the company. They are the shareholders, financiers, investors, workers, clients, traders, contractors, environment and the society at large and they stand in the driving position to account by assessing their judgments on precision, inclusivity, justice and accountability.

anaged by the European Central Bank based in Frankfurt Germany and the Euro system which comprises of the Central National Banks of the countries within the Eurozone. The adoption of the Euro brought advantages as well as disadvantages to the countries in the Eurozone; this

As such, this paper seeks to critically evaluate the importance of accounting and auditing in the operations of the organization. The paper will draw examples illustrating the significance of auditing where irregular accounting practices have negatively

The garbage trucks go for a total of $240,000. This amount is enough compared to the fact that the expected lifetime of the two trucks is ten years. This budget, therefore, minimizes on any other expenditure for garbage trucks in the next decade. The trucks will guarantee

It is the keeper of the government receipts and payments, acts as a last resort to bail the economy out of recession. The central bank is at the front of the government's fiscal and monetary policy objectives. It does not compete with other banks for ordinary business transactions but ensures a fair play (Black 2000, Visser 2005, Smullen & Hand 2005).

Therefore, it goes without saying that at the minimum level, the corporate companies meet their responsibilities as per law which provides for safety, security, fairness, and honesty towards the stakeholders through so many laws in relation to employment, business, etc., leaving alone the voluntary initiatives. The companies are also benefited greatly in this process, by enhanced brand image and reputation.

The base issue of the research paper, as can be easily highlighted is the insufficiency of use cases or examples in order to elaborate on the implementation of the concept. This is a significant issue from both the managerial and the education perspective. The concept, by its nature, is entirely related to the practical business phenomenon.

According to Lovett, Eckes, & Brinkman (2004), these strategies include putting up sanction and embargo. Embargo is when export to a country is prohibited from its ports or, it simply meant a halt to all types of trade. This is contrary to non-importation where imports

Easypay Payroll runs on any standard IBM PC using DOS or Windows. Some of its features are as follows: it allows a combination of hourly, salaried, and commissioned employees. Aside from that, it also keeps a consistent record of weekly, biweekly, semi-monthly, monthly, ten and thirteen pays per period which a lot of software does not provide.

Metals Australia Ltd is an Australia-based company and listed in the Australian Security Exchanges as “MLS”. The company was formerly named Australian United Gold Limited. Metals explore mineral deposits in different locations of Australia and Namibia. Its business includes different types of metals like zinc, nickel, silver, gold, copper, and uranium.

Faison, the president of Carroll’s Food, Inc, Joel W. Greenberg, Commodity Analyst in Rosenthal Collins Group, George E. Hamilton, the president and the Chief Operating Officer of Smithfield Packing Company, Inc.,

This kind of manufacturing process reduces the employability of unskilled labor. The semi-skilled labor or the highly skilled labor’s demand grows as some knowledge is required in operating the machinery of an engineering-based manufacturing company. But the best part of the automated process is that the employee’s physical labor reduces but at the salary paid earlier or at an increased level of salary.

Quality is an important factor which comes under competitive position. Organizations that provide their patients with a higher quality of healthcare than their competitors can also charge

The tax rate and the dividend payout ratio are fixed. Given this information, which one of the following statements must be true?  17. Bonner Collision has shareholders equity of $141,800. The firm owes a total of $126,000 of which 60 percent is payable within the

The materiality level helps in determining the nature of the audit report and the opinion about the truth and fairness of financial statements. An auditor, while

Credit is the act of refunding, in that when an account is credited, cash flows into the account. Debit is the opposite, since it is the decrease in cash, meaning more cash is flowing out than the cash is coming into the system. Every transaction involves two entries, which balance one another; further, entries are made within the equation; Assets=liabilities + stakeholders equity.

The retained earnings section contains net income that a company would have otherwise distributed as dividend to its shareholders. Retained earnings are usually calculated from the following formulae. Retained earnings = net income + existing retained earnings

Michael Jackson, Inc. company currently has an operating cycle of 154 days and a cash cycle of 38 days. The firm is implementing some changes that will reduce the inventory period by 16 days and decrease the receivables period by 4 days on average. The accounts payable period will be decreased by 4 days.