Financial Services Essay Examples

Assignment 1: Scandals in Auditing Fortex Introduction Fortex, a company recognized as a leader in New Zealand, utilized advanced technology to increase the value of their products. They received recognition for their achievements, treated their employees well, and provided fair compensation to suppliers. However, in March 1994, when the company went bankrupt, it was revealed […]

Several MNCS are increasingly unbundling or vertical disintegrating their activities. Put in simple language, they have begun outsourcing (also called business process outsourcing) activities formerly performed in-house and concentrating their energies on a few functions. Outsourcing involves withdrawing from certain stages/ activities and relaying on outside vendors to supply the needed products, support services, or […]

You are the new manager of the Betterbuy Electronics store in the Mall of America. Top management of Betterbuy Electronics is convinced that management training should include the active participation of store managers in the budgeting process. You have been asked to prepare a complete master budget for your store for June, July, and August. […]

When assigning an audit, various factors need to be taken into account. These factors include the size of the company being audited, which determines the number of staff required. For a private limited company (Sdn. Bhd.), 2 or 3 staff are needed, while for a Public Listed Company, 3 or 4 staff are required. In […]

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 […]

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 […]

Obtaining travel insurance in Cincinnati is an easy process as the city has several specialized travel bureaus. These bureaus are dedicated to assisting individuals, like yourself, with acquiring travel insurance. To obtain a policy, simply inform the bureau of your intention and they will arrange a personal visit to explain the purchasing process. Travel agencies […]

Compared to other sectors, the insurance sector has the highest growth and potential in today’s competitive world. The Premium/GDP ratio of the Indian Economy is currently around 4%. It is expected to see a growth of over 200% by 2009-10, with private insurance companies growing at about 140% due to aggressive marketing techniques. The insurance […]

Introduction A survey of this research is on the effects of employee motive and occupation satisfaction to CIMB Bank Berhdad. CIMB Bank Berhdad is a bank that CIMB Group is Malaysia ‘s 2nd largest fiscal services supplier and one of Southeast Asia ‘s taking cosmopolitan banking groups. Once known as Bumiputra-Commerce Holdings Berhad, it has […]

OCBC Bank, with its presence in Malaysia for over 70 years, has emerged as one of the top five foreign banks in the country. Its extensive network comprises 29 traditional branches and five Islamic branches, supported by a workforce exceeding 4,000 employees. The bank offers a diverse range of specialized financial services that encompass consumer […]

The market for SME banking services in Mauritius is currently dominated by four fiscal establishments – the Development Bank of Mauritius (DBM), Mauritius Commercial Bank (MCB), State Bank of Mauritius (SBM), and Mauritius Post & Cooperative Bank (MPCB). These institutions primarily focus on providing banking services to SME clients. On the demand side, there is […]

GMAC Insurance is an American car insurance company, entirely owned by General Motors as a subordinate. In 2004, it had successfully implemented its schemes and achieved satisfied public presentation in the insurance market which is full of strong rivals. As Martinez-jerez and Mangum ( 2007, pp.1 ) mentioned in the instance survey of GMAC Insurance, […]

Chase National Bank and the Manhattan Company merged with Chase Manhattan Bank. David Rockefeller, who became Chairman of Chase in 1969, was significantly involved in the merger. By the end of the 1979s Chase evolved to the third largest Bank in the United States (U.S. ). In the 80s Chase saw itself confronted with difficulties, […]

How does this company’s impact the industry as a whole? The industry generally did not have a high opinion of thrift banks. The industry’s standards and leadership typically came from big banks like Bank of America and Citigroup. Washington Mutual’s strategy to rapidly grow and focus on an underserved market segment challenged the industry’s perception […]

To resolve the issue of an outstanding and significant amount owed by Cold Gold Sdn Bhd, immediate action is necessary. It is recommended to avoid conducting transactions with Cold Gold until payment has been requested to prevent the amount from increasing further. If credit needs to be extended prior to payment, approval must be obtained […]

As a sophomore at Stern University, NYU, I am currently studying CPA accounting and finance as my major and computer science as my minor. The purpose of this memo is to inform fellow students about different job industries and explain the reasons behind my decision to specialize in accounting. When I first came to NYU, […]

The oldest bank in India, the State Bank of India, was established in June 1806. It is currently the largest commercial bank in the country. In 1935, the Reserve Bank of India took over central banking responsibilities from the Imperial Bank of India. After gaining independence in 1947, the Reserve Bank was nationalized and granted […]

The accuracy of Financial Statements is crucial as they must accurately represent a company’s true and fair view. These statements adhere to accounting standard principles, which are enforced by organizations such as the Financial Accounting Standards Board (FAST) and the International Accounting Standards Board (SAAB). This paper will discuss the history and relationship between these […]

In the current economy, e-business has become the main way of conducting business and is even the sole method for certain organizations. E-business allows traditional businesses to establish an online presence, opening up new opportunities and previously untapped markets. This article will analyze the effects of e-business on JPMorgan Chase and Company (Chase), considering its […]

Netagio has announced the launch of its Application Programming Interface (API). Netagio is the first British exchange for Bitcoin, gold, and Sterling. Institutional investors have the ability to code their Execution Management Systems (EMS) and Order Management Systems (OMS) to completely automate their trading on the exchange. The API will offer brokers/dealers a more convenient […]

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 […]

Despite hosting webinars and brainwashing events to maintain the illusion of stability, Banners Broker has been unable to pay its members for over 8 months. This prolonged failure has caused even the most devoted believers to lose faith, as it becomes increasingly apparent that something is seriously wrong. Upon reviewing their previous actions, it becomes […]