Financial Services Essay Examples

Before I get into the details of my project, I would like to show my sincere gratitude by adding few heart full words for the people who were part of this project report in numerous ways. People who gave unending support right from the stage the project were conceived. I would also like to express […]

IFACs Code of Ethics desires to reinforce the professional accountancy and economics throughout the world by contribute a high level of ethical professional guidance, and desiring the Code to be adoptable globally. It is very important because it generates ninety nine percent consciousness among professional accountants and to promote an ethical culture with listing the […]

The following report analyses the cash flow forecast situation for Strobe Leisure plc and will cover the following areas: An explanation of the purpose of a cash flow. An explanation of why a company such as Strobe needs a cash flow forecast. A six-month cash flow forecast for Strobe Leisure plc. An analysis of Strobes […]

The Public Company Accounting Reform and Investor Protection Act of 2002, also known as SOX or Sarbox, was a federal law enacted on July 30, 2002 in the United States. It was passed as a response to various corporate and accounting scandals, such as those involving Enron, Tyco International, Adelphia, Peregrine Systems, and WorldCom. These […]

Introduction Services What are services? They are defines as concerned with performing tasks in and around households, business firms and institutions. Services industries are those domestic establishments which are providing some kind of services to businesses, governments and other organizations. FIRE, business and health services are the largest service industries. Business services include activities such […]

This session-long project looks at the calculations used to determine the weighted average cost of capital (WACC). This SLP calculates the WACC for my SLP company – McDonalds discusses how those calculations were arrived at and briefly describes WACC and what investors use it for. Company name: McDonald’s Inc, balance sheet date: 31 Dec 07, […]

The history of Barings Bank Plc began in 1762 and thus making it the oldest merchant bank of London. Over this period it had managed to earn a high reputation in the global finance market as it assisted in financing the purchase of Louisiana, Erie Canal and the Napoleon wars (Fay, 1996). It was also […]

The Reserve Bank of India provides two options for electronic fund transfer: Electronic Fund Transfer and a Special Electronic Fund Transfer Facility. The RBI provides EFT services via managed clearing centers in 15 cities, which are listed in the annexure. There are three daily EFT clearings at 12:00pm, 2:00pm, and 4:00pm. The diagram illustrates the […]

It is important that banks consistently maintain a supervised and effective regulatory framework ensuring stability within the financial system. Martin Wolf’s work on ‘The rescue of Bear Sterns marks liberalisation’s limit’ and The Economists’ ‘When to Bail Out’ outline the need for greater regulation within banks.As banks are the key players in the financial system, […]

Abstract The issue of accounting for Business Combinations, according to Australian standards, has been a cause of considerable concerns and controversies for both, accountants and academics. However, due to the enormity of transactions involved in it, it becomes highly important to understand its application.In this research, we will outline various concepts and definitions to business […]

Who are the Qualified Institutional Buyers? Qualified Institutional Buyers (QIBs), as defined under sub-clause (v) of clause 2. 2. 2B of the SEBI (DIP) Guidelines, can be one of the following: A Public Financial Institution as defined in Section 4-A of the Companies Act. A Bank 3. FII (Foreign Institutional Investors) that are registered with […]

The challenges faced by Commercial Bank of Africa (CBA) in implementing modifications are examined, accompanied by a summary of the executive’s perspective on the matter. The Information and Communication Technology (ICT) management structure at CBA is causing a problem because the management wants to introduce change, but the existing structure is already effective. This puts […]

MetLife India Insurance Company Pvt. Ltd. was established on April 11, 2001 in India as a partnership between MetLife International Holdings Inc., The Jammu and Kashmir Bank, and M. MetLife, which holds over US$2 trillion of life insurance in force, is the leading insurer in the U.S. The company serves roughly 9 million individual households […]

PREFACE PREFACE Risks and uncertainties are part of life’s great adventure- accidents, illness, theft, Natural disasters- they are all built into working of the universe waiting to happen. So far that there is a solution – insurance and to provide with the knowledge of this insurance benefits to the customers, the Financial Consultant plays an […]

With these increased crimes, punishments have also increased in magnitude. In order to foster a successful career as a future Flanagan planner/ advisor, I must be extremely aware of the various laws and regulations that relate to this field and to the many before me that have fallen victim to these crimes. In the last […]

When a client fails to properly separate duties, the risk of theft of cash prior to recording increases. If an auditor suspects this may have occurred, there are certain audit procedures that can be employed in testing for it. These include investigating those responsible for customer orders, credit approval, invoice generation and accounts receivable records […]

America Los Angles, which was later renamed Bank of America (sometimes referred to as BOA) in 1930. In 1983, BOA acquired Seafarers Corporation of Seattle, Washington, and in 1998 merged with Nationalist. In an effort to gain shares in the market and to tap into the global economy, BOA recently acquired Merrill Lynch and Countrywide […]

The Bank of India is appreciated for their guidance and assistance. CRISIS expresses gratitude to the Reserve Bank of India for sharing district-level data that formed the basis of this analysis. Shari Rajah Taker, Secretary of the Department of Financial Services, MOB, SMS Sentential Shirtwaists, Additional Secretary of the Department of Financial Services, MOB, Shari […]

The principal function of any commercial bank is to make a profit. When a customer does business with a bank they have both entered a legal binding contract in which the bank holds the customer’s funds and agrees to offer loans and other lending services, which is also known as money creation. Therefore, the relationship […]

Nevertheless, both ratios are on a relatively low level. In addition, below are some other ratios on the company that I might refer to later: [pic] 2) As in the table above, the collection days for Accounts Receivable are rather long. With increasing sales figures, as displayed in the previous years by the Butler Lumber […]

The article will compare the objectives and differences between two standards boards, namely the Government Accounting Standards Board (GASB) and the Financial Accounting Standards Board (FASB). It will also examine the contrast between modified accrual basis of accounting and full accrual accounting. GASB oversees reporting and financial accounting standards for local and state government entities […]

According to AASB 117, the structure of an operating lease is a form of off-balance sheet accounting, meaning that lease obligations are not reported as liabilities on the balance sheet. However, critics argue that lease parties often structure leases to avoid capital lease accounting and use operating leases as a source of off-balance-sheet financing. This […]