Essays on financial services
Lloyds TSB bank is one of the “Big Four” banks, and historically goes back to a rash of mergers in the early 1900’s. It’s expansion to the present day came in 1995, in the form of two major mergers- the first with the Cheltenham and Gloucester, and then with TSB which was then the UK’s […]
The basic objective in financial reporting is providing information; this is done by making a number of assumption, application of a series of principle and subjecting a number of constraints.Assumptions The business entities are assumed to be separate from its owners and other related businesses. In preparation of financial records personal expenses are kept separate […]
Case 2 A (1) This explain the cash payment in which the other remaining balance will not be accounted for i. e. it’s a credit balance at the existing movement in the purchase of the equipment. It shows the current outstanding equivalence of the equipment that can be equaled to the current value of the […]
Under the Government’s privatisation plan, MAS became the first governmental agency to go partly private in 1985. The Government sold 40 per cent to the public, including Brunei Investment Agency, while keeping total 60 per cent in the hands of Malaysian Central Bank Negala and local Governments. The privatization raised additional funds for MAS’s capital […]
From the financial aspects, the solvency risks show that there are chances of the institutions being declared bankrupt. It is important for the financial institutions to retain adequate capital to solve the conflicts that arise between the institutions, depositors, creditors as well as guarantors (Hsieh & Wu, 2012). In regards to the capital management framework, […]
We also include the main article that has been iven by the different ministers about financial inclusion & its reform. Financial Inclusion Meaning: Financial inclusion is a policy adopted by many countries to include more people in the financial set up of the country. It aims at tackling poverty and deprivation in the country. In […]
The U. S. housing market has had an extraordinary 15-year run in terms of prices, sales of existing homes, and new construction, especially on the East and West Coasts. Beginning in the spring of 2006, however, the housing market began to turn distinctly downward. The collapse of the subprime mortgage market in late 2006 set […]
The accounting process is a very important part of any business. It deals with reporting and analysis of the financial statements of a business or corporation. It is useful for the investors and lenders in their investment decisions, since it reports the current financial situation of the business. And the person in charge of making […]
The Metropolitan Hotel in Vancouver, British Columbia, Canada, is one of the best hotels in the area. The hotel has friendly and helpful staff, rooms of good size that are well maintained, and is quite and very comfortable. The current management of the hotel needs to assess its performance so as to come up with […]
The nine steps of the accounting cycle are You must collect and analyze all transactions. It will determine the effect of their financial position in the business. The equations must balance once the transactions are recorded. Journalize the transactions in the general ledger, which should be organized by the specific account. This should happen at […]
Introduction The case study General Mills Inc. – Understanding Financial Statements focuses on the most basic idea of finance analysis. This case is a brief look into the language that is used in the finance world and a start to interaction with auditors. In this case, KPMG LLP, the public accounting firm that was auditing […]
Introduction: The Sarbanes-Oxley Act of 2002 was passed on July 30th, 2002 as a result of several major corporate and accounting scandals. This act is also known as SOX or Sarbox; another name for it is Public Company Accounting Reform and Investor Protection Act of 2002. Corporations such as Enron, Adelphia, WorldCom, Peregrine Systems and […]
Key Trends and Opportunities to 2018 report provides in-depth market analysis, information, and insights into the Peruvian non-life insurance segment, including: The Peruvian non-life insurance segments growth prospects by non-life insurance category Key trends and drivers for the non-life insurance segment The various distribution channels in the Peruvian non-life insurance segment The detailed competitive landscape […]
A HYIP (High Yield Investment Program) is a kind of ponzi scheme, which is promising unsustainable high returns on investments made by people who play these money games. The profits for the previous investors are paid by investments made by new investors. Nowadays the so called “HYIP Industry” has become a pretty big market and […]
The FCA, which is the financial services authority of the United Kingdom and was formerly called FSA, has issued a warning against the Canada based SolidTrustPay company.SolidTrustPay is a payment processor that is mainly used by fraudsters and HYIP Ponzi schemes, such as Bannersbroker, Uinvest and the already shut down Zeek Rewards Ponzi scheme. On […]
After a huge ponzi scheme called “Zeek Rewards” has been shut down last year, a HYIP ponzi scheme called “Profitable Sunrise” is now getting bigger, as lots of Zeek victims, including ponzi pitchmen, switched over to the new program. This is once again an example how blind people can be, as they are falling for […]
Some time ago I reported that some supposed Ukrainian crowdfunding website called Uinvest, which in reality is a Ponzi scheme, organized some kind of a conference in the United States on April 29 until May 1st. Among two people who pretended to be the Uinvest CEO and the Uinvest lawyer, the scheme also managed to […]
Hard times have come for the Banners Broker believers for a long time now, but now they are getting even harder and even the real believers start to “loose the faith”. Banners Broker is failing to pay all its members for over 8 months now, yet they are still pretending that all is fine in […]
Gold and bitcoin start-up BitGold announced it will public, backed by Sprott Inc. BitGold, a gold and bitcoin start-up based in Toronto, is going public after a reverse merger with Loma Vista Capital, a mineral exploration company. BitGold informed that it will keep its name but all trading on the Canadian National Stock Exchange will […]
erspective P Insights for America’s Business Leaders Building A Fortress Balance Sheet: Protect Your Bank’s Financial Health While Positioning It For Growth Executive Summary: – The Vauban Model – Current Market Overview – Stress Testing and the Fortress Balance Sheet – Capital-Raising Strategies “Ultimately, market participants themselves must address the fundamental sources of financial strains […]
Tips for carrying out an Audit. Before an audit is assigned to staff, there are few matters that should be considered such as: – The size of the company to be audited. (If it is a private limited co . i. e. Sdn. Bhd. 2 or 3 staff will be required. If it is a […]
Netagio, the first British Bitcoin, gold & Sterling exchange, today announced the launch of its Application Programming Interface (API). Institutional investors can now programme their Execution Management Systems (EMS) and Order Management Systems (OMS) and fully automate their trading on the exchange. The API will provide brokers/dealers with easier and faster electronic market connectivity, allowing […]
