Finance Essay Examples

The Securities Brokerage industry comprises companies that primarily offer brokerage services for a commission or fee. These firms serve as intermediaries, linking buyers and sellers of various investment instruments such as stocks, bonds, mutual funds, ETFs, and equity or index options. Some of these firms also provide additional services like investment banking and consultation. One […]

In 1992, Sierra On-Line had a significant investment in the research and development of games for both competitive entertainment and educational software industries. Sierra On-Line had initially intended to release its product in time for the holiday season. However, unforeseen circumstances led to a one-year extension of their development schedule. As a result, the company […]

An expense is normally incurred by a firm to generate sales, e. g. promotional expenses which are selling expenses which are directly related to the generation of sales. Most of the expenses normally form a part of operating expenses and are included in ‘cost of sales’. It may either be raw materials, labor, etc. , […]

Summary Financial management is referred to as the science of money management. The management of funds is a critical aspect of financial management. Financial management is simply concerned with managing an entity’s money. It is also about the management of the finances of a firm in order to achieve financial objectives. In the business world […]

Globalization and the Role of Nongovernmental Organization and Transnational Corporations Ever since people started to migrate and encounter new people, globalization has been a fact of life. Trade, war and movement have spread culture around the world but now with the advent of telecommunication, global transportation, and more money; Globalization is happening at rate that […]

Produced on February 16, 2008, this resource serves as a guide for individuals seeking to become accountants and meets graduation requirements at Southwestern College. Its primary emphasis is on the Sarbanes-Oxley Act of 2002. In this report, I will discuss the impact of the Sarbanes-Oxley Act of 2002 (SOX) on the corporate sector and emphasize […]

The IMF, a worldwide organization that involves almost all countries (IMF 2006), works towards promoting international monetary cooperation and overseeing the global financial system. Its key responsibilities include monitoring exchange rates and balance of payments as well as providing technical and financial assistance to achieve a stable international monetary system for sustainable economic development and […]

Fernand Braudel, a modern French historian, sees three intertwined but distinguishable strands of history. They are: material life, economic life, and capitalism. Material life, he says, sets “the limits of the possible”. Material life means the routines of daily work, the everyday tasks that we perform so that we can sustain ourselves. It covers the […]

Many have heard of the Enron Scandal of 2001. A scandal, by definition, is an event that involves allegations of wrongdoing, disgrace, or moral outrage. In other words, a scandal is caused by shortcomings in ethics. Enron’s Ken Lay, Jeffrey Skilling and Andrew Fastow each engaged in unethical practices in their various leadership positions at […]

“Blessed are the young, for they shall inherit the national debt”? President Herbert Hoover This quote was said by Herbert Hoover at the Nebraska Republican Convention on January 16, 1936. The convention took place during the Great Depression of the 1930’s. President Hoover made this statement to make people think about how the actions they […]

THE DEVELOPMENT OF ACCOUNTING THEORY Explain the meaning of the term accounting principles as used in the audit report. (Do not in this part discuss the significance of generally accepted. ”) Answer: Before I dissect the term “accounting principle,” I first want to provide a brief definition of  accounting and  a principle.Accounting is the systematic […]

How much do you really want to make? Many would love to make millions of dollars and do nothing to earn it. However, there are many who could care less about how much they make, and view it as a necessity for living and not as a luxury. Doctors come to a standstill when they […]

Executive Summary The New York Metropolitan Museum of the Art is a non-profit institution with an established history as a behemoth of the artistic world. It was founded and maintains today the mission of “establishing and maintaining in the city of New York a museum and library of art, of encouraging and developing, the study […]

The budgeting process employed by Peters Corporation is discussed in terms of its contribution to the failure to achieve the president’s sales and profit targets. The first issue lies with the president setting targets for total dollar sales and net income before taxes for the next year. Subsequently, the president conveyed the sales target solely […]

CONRAIL CASE Question  Based on the information provided in the “A” case and especially in Exhibit 7 the most that CSX should pay for Conrail should be $93. 42 per share (calculations are attached hereto as Exhibit 1). I assumed that the correct or required discount rate to be used in the DCF analysis should […]

The Twin Deficits in the Economy of the United States The twin deficits are definitely back. People that do not know what twin deficits are? The Twin deficits are the current account deficit and the federal budget deficit. The current account deficit measures the flow of money from and to other countries and measures merchandise […]

Enron, once one of the fastest growing, innovative, and well managed business in the United States filed bankruptcy in December 2001. Shareholders, including Enron employees lost billions of dollars. The main question in everyone’s mind, is what truly happened to Enron? One act of Enron that contributed to the collapse was the Performance Bonus’s that […]

1.0 Introduction Standard Soap Corp. SSC operates through four main production processes which include the transformation of raw materials, drying of bulk soap, production of soap batches, and packaging. However, these processes involve numerous complexities with up to 5000 different pathways. This presents a potential challenge for managing the underlying information base efficiently. Additionally, SSC […]

Homo erectus (literally “upright man”) is an extinct hominin that lived between 1. 8 million and 50,000 years ago. The first fossil found of this species (the type specimen) was a skullcap discovered in 1891 by Eugene Dubois. However, the species was not named until 1894, after a femur (thigh bone) was discovered not far […]

Events BI > JUNE 2006 What’s Important in an Annual Report Running a Faster Paper Chase by Bob Adams Editor’s note: This article is based on a class taught by Bob Adams at past CompuFest meetings and is just a sample of the excellent education available at the annual event organized by the Computer Group […]

The book named The Millionaire Next Door explores the journey to attaining wealth and was thoroughly researched by Dr. Thomas J. Stanley and Dr. William D. Danko over a period of twenty years. American experts have utilized different methods, including research, book writing, seminars, and corporate advising to recognize the affluent and their attributes. This […]

The Four Basic Financial Statements In the field of accounting, the basis of all decisions comes from the calculating and reporting of financial statements. Without these statements, a company may lack in organization skills which could lead to huge errors being made. These huge errors could cost a company millions of dollars. Knowing that, it […]