...FINANCIAL STATEMENT ANALYSIS: A TOOL FOR PERFORMANCE EVALUATION A Case Study of Oceanic Bank By IBRAHIM UMAR PGA/09/07766 M.Sc. Assignment Submitted to Dr. M.I. Kida CNA Department of Accountancy University of Maiduguri 2Financial Statement Analysis: A Tool for Performance Evaluation Jan. 2010 3Financial Statement Analysis: A Tool for Performance Evaluation ABSTRACT Financial statements are prepared to meet external reporting obligations and also for decision making purposes. They play a dominant role in setting the framework of managerial decisions. But the information provided in the financial statements is not an end in itself as no meaningful conclusions can be drawn from these statements alone. However, the information provided in the financial statements is of immense use in making decisions through analysis and interpretation of financial statements. There are various methods or techniques that are used in analyzing financial statements, such as comparative statements, schedule of changes in working capital, common size percentages, trend analysis and ratios analysis. This study intends to analyze financial statement of Oceanic bank in Nigeria in order to come up with an in-depth fact finding on its performance and to see if there is any connection between the recent global economic crisis and its overall performance. 4Financial Statement Analysis: A Tool for Performance Evaluation INTRODUCTION 1.1 Background Financial statement represents...
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...homeless yet they have sought out housing with friends and relatives. It is important to note that states which did indicated a decrease in the homeless population were concentrated in Midwestern and Southern states; while those who indicated an increase in their homeless population were concentrated in the Western and Northeastern states, with the most significant increase being in the two most heavily populated states, New York and California (“The State of Homelessness in America,” 2016). This supports the fact that there are location and population specific factors, specifically, urbanization that can be attributed to a higher or lower homeless rate in a particular part of the country. With any results of statistical and population analysis, it is essential to accuracy and increased understanding that a more comprehensive degree of detailed categorization be applied to attain a more precise look at the specificity of those results. For the majority of the population there is very limited interaction with the homeless. These interactions are often very short and limited in exposure to the unsheltered homeless; those that are perceived as encroachments upon, and inhabiting public spaces, holding signs at intersections as they traverse the city streets with all of their life’s possessions in tow. Homeless in San Diego In every area of the country there are location and population specific factors that can be attribute to homelessness in that particular area. These factors must...
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...A Meta-Analysis of the Economic Impacts of Climate Change Policy in the United States Adam Rose* and Noah Dormady** This paper provides a meta-analysis of a broad set of recent studies of the economic impacts of climate change mitigation policies. It evaluates the infiuences of the impacts of causal factors, key economic assumptions and macroeconomic linkages on the outcome of these studies. A quantité regression analysis is also performed on the meta sample, to evaluate the robustness of those key factors throughout the full range of macro findings. Results of these analyses suggest that study results are strongly driven by data inputs, economic assumptions and modeling approaches. However, they are sometimes affected in counterintuitive ways. 1. INTRODUCTION The macroeconomic impacts of climate change mitigation policies are controversial among both scholars and the policy-making community. Results range from predictions of severe economic harm to significant overall economic gains. Given the unresolved nature of this debate, this paper seeks to shed light on it by evaluating a wide range of macroeconomic studies through a metaanalytic approach. Meta-analysis is a method for evaluating a cross-section of studies on a given topic, and evaluating the impacts of assumptions, input variables and modeling approaches on the overall findings of the studies. In essence, meta-analysis is a study of studies (Borenstein et al., 2009; Lipsey and Wilson 2001). The Energy...
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...self-created metaphors in male autobiographical writings in Nigeria. It visualizes the negation of female gender in art. The paper investigates the dichotomy of language, the use of irony and situational metaphors to displace conventional ones; it blends theories with critical evaluation of discourse. The research uses empirical methods in solving hypothetical questions with the use of extensive and relatively unstructured interviews. It examines the interviews of twenty five people independently, these people include: University lecturers, students, administrative and technical staff. The work analyzes concurrently their interview testimonies to search for congruence. Data analysis begins with a detailed microanalysis in which emergent concepts were defined and then followed by a more refined, focused analysis of broader conceptual categories and premises. By first classifying specific aspects of interview testimonies and later exploring the interrelationships between concepts and examining the overarching patterns and themes, an inductive, grounded theory approach to the study of autobiographical narratives and gender...
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...Contents 1. INTRODUCTION..................................................................................................................... 2 1.1 Luca Pacioli: Father Of Modern Accounting ...................................................................................... 2 1.2 19th Century – The Beginnings of Modern Accounting in Europe and America ............................... 3 1.3 20th Century – The Development of Modern Accounting Standards................................................. 4 1.4 21st Century – Accounting Regulation in Modern Commerce ........................................................... 4 2. DEVELOPMENT OF ACCOUNTING .................................................................................. 4 3. EVOLUTION OF ACCOUNTING ......................................................................................... 5 4. THE CONSEQUENCE OF DOUBLE ENTRY ..................................................................... 6 5. RECENT GROWTHS AND DEVELOPMENTS IN ACCOUNTING ............................... 7 6. LOOKING TO THE FUTURE ............................................................................................... 8 REFERENCES .............................................................................................................................. 9 1. INTRODUCTION The main objective of this study is to critically review the Origin, Growth and Development of accounting theories and their impacts on financial reporting...
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...´ ´ ETAT PRESENT WHAT HAPPENED TO THE CATHOLIC NOVEL? TOBY GARFITT MAGDALEN COLLEGE, OXFORD The idea of a specifically Catholic novel arose during the nineteeth century. The often anti-Catholic agenda of the philosophes and the libertine novel had been counterbalanced by writers such as Rousseau and Bernardin de Saint-Pierre, who sought to reveal God through the wonders of the natural world. But it was Chateaubriand’s Atala (1801) that inaugurated the new genre of the Catholic novel as a riposte to the dechristianization associated with the Revolution. Chateaubriand was more partial to the epic, however, and in this he was followed by Bonald, who appreciated the scope that the epic afforded for the depiction of ‘le merveilleux chretien’, including angels.1 An interesting ´ twentieth-century representative of this tradition is Patrice de La Tour du Pin, ´ whose three-volume Somme de poesie (1946 – 63) charts the progression from lyrical poetry in a neo-Romantic vein, through a process of kenosis or selfemptying (which involves a shift towards prose in the second volume), to the ´ ´ creation of a new theopoesie.2 Epic poetry continued to offer a means of exploring religious and scientific ideas throughout the nineteenth century (Quinet, Hugo, Bouilhet), but there was already a backlash by the 1820s, and, as the novel rapidly established itself as the major literary genre, a number of Catholic sub´ genres developed. The ‘Avant-propos’ to Balzac’s Comedie humaine expresses nostalgia...
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...High-Frequency Trading Remi Charpin MBA student BADM 580 June 28, 2010 Prepared for Professor Charles Alvis Financial Markets Seminar Table of Contents List of Illustrations . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3 Executive Summary . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4 Problem Statement . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5 Background Section . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6 Discussion of Findings . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10 Strategies. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10 Key Players . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11 Benefits. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12 Pros. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ....
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...Roles, authority and involvement of the management accounting function: a multiple case-study perspective Caroline Lambert HEC, Paris 1, rue de la Libération 78351 Jouy en Josas Cedex lambert@hec.fr Samuel Sponem Conservatoire National des Arts et Métiers GREG-CRC (EA 2430) samuel.sponem@cnam.fr Acknowledgements The authors are grateful to participants at the European Accounting Association Conference 2009, the Accounting department ESSEC seminar, France, and at the seminar of Ecole de Comptabilité de l’Université Laval, Québec, Canada for their constructive comments on earlier drafts of this paper. They also wish to thank and useful suggestions of members of the CriM group, Martin Messner and Juhani Vaivio. We would particularly like to thank Markus Granlund and the two anonymous reviewers for their many helpful comments and suggestions. Both authors thank ‘Fondation HEC’ and ‘Agence Nationale de la Recherche’ for their fundings. Abstract Recent techniques and shifts in the environment are often foreseen as leading management accountants to adopt a business orientation. However, empirical evidence pointing to fundamental shifts in the roles played by management accountants remains relatively scarce. We explore this paradox and give sense to the various roles played by the management accounting function by focusing on how management accountants are involved in and endowed with authority in decision-making situations. Using data we gathered from 73 interviews in ten...
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...Student Handbook The Alfred H. Heineken Chaired Professor of Marketing INSEAD Jean-Claude Larréché The Claude Janssen Chaired Professor of Business Administration and Professor of Marketing INSEAD Hubert Gatignon Partner, Director of R&D STRATX International Rémi Triolet To search this document click CTRL+F i Publisher: STRATX International Production: Minute Man Press, Cambridge, Massachusetts Cover Design: Synergy Network, Waltham, Massachusetts Marketing Manager: Lucy Jacobus Development Team: Rémi Triolet, Christophe Pottier, Aurélien Dauvergne Copyright ©2003 by Jean-Claude Larréché, Hubert Gatignon MARKSTRAT is a registered trademark of STRATX International ALL RIGHTS RESERVED Software © 2003 by STRATX International No part of this book may be reproduced in any form, electronic or mechanical, without the prior permission of the publisher. ISBN# 0-9743063-0-4 Version – 2.0 ii Contents Introduction __________________________________________________________ vi Questions and Technical Support_____________________________________ vii About STRATX________________________________________________________ viii 1. Registration and Software Setup_____________________ 1 1.1 1.2 1.3 The Registration Process _______________________________________ 1 Downloading and Installing the Team Software __________________ 3 The PRACTICE Industry _________________________________________ 4 2. The Interface Menu ________________________________ 5 ...
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...National Service Training Program Introduction • Republic Act (R.A.) 9163 – also known as National Service Training Program (NSTP) Act of 2001 • Republic Act 9163 is an act establishing the National Service Training Program (NSTP) for tertiary level students, amending for the purpose Republic Act 7077 and Presidential Decree 1708 and for other purposes. • R.A. 9163 – enacted on January 23, 2002- date of approval and signature of President Gloria Macapagal-Arroyo. • What is the guiding principle in establishing the NSTP? Section 2 of R.A. 9163 affirmed that it is the prime duty of the government to serve and protect its citizens. In turn, it shall be the responsibility of the citizens to defend the security of the state and in fulfillment thereof, the government may require each citizen to render personal, military or civil service. • What are the goals of the State from among the youth in nation building? In recognizing the vital role of the youth in nation building, the state shall promote their civic-consciousness and develop their physical, moral, spiritual, intellectual and social well-being. It shall inculcate in the youth patriotism and advance their involvement in public and civic affairs. • What should the state do to pursue the afore cited goals? The youth shall be motivated, trained, organized and mobilized in military training, literacy, civic welfare and other similar endeavors in the service of the...
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...DEDICATION GOD, Late MAA, OYEKEMI and TENIOLA. ACKNOWLEDGEMENT In preparing this research project, the researcher received valuable advice and ideas from well-meaning people, which made the work, saw the light of the day. First, my gratitude goes to Almighty God for giving me life and strength to come up this stage. My gratitude also goes to members of staff of the department of Management and accounting, O.A.U, with special reference to my supervisor, Prof. Mrs. E.D Adetayo and Prof. J.O Adetayo for their assistance. Dr. Gbenga Fasiku of the Department of philosophy, O.A.U for his valuable advice and input. To all my friends and classmates among whom are Mr. Dele Adediji, Mr. Clement Owa, and Mr. Remi. Thanks for the academic interactions and discussions...
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...to voice a rejection of the value of life and the traditional Christian virtues. The devil urges Faust to begin a new life with his assistance, and to exist no longer as an ordinary human being. If Faust agrees to become his servant after death (i.e. to sell his soul), Mephisto will be his during life and will guarantee to provide all that Faust desires. Faust accepts this offer with some hesitation, for he doubts Mephisto's ability to fulfill his end of the bargain, but makes a significant change in the wording of the pact. Faust promises that if any moment, however brief, is so charged with pleasure for him that he says, "Linger a while! Thou art so fair!" that will be the day of his death and he will serve the devil forever after. Analysis Mephisto's costume in this scene is a reminder to Faust of the narrow limitations on the world in which he has been living until now. Faust's change in wording recalls the divine law that action is the ruling force of the universe, and raises the story of this Faust to a higher philosophical level than that of the hero of the old legends. The terms of the new pact mean that only when Faust is so satiated with pleasure that he chooses to be in a state of rest or nonaction will he be damned. In other words, the primal sin is to absolve oneself of the responsibility for motion and activity. This idea is in full accord with Mephisto's nihilistic principles so the devil accepts the amended pact. In Goethe's...
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...PARTICIPANT HANDBOOK STRATEGIC MARKETING – DURABLE CONSUMER GOODS Jean-Claude Larréché The Alfred H. Heineken Chaired Professor of Marketing INSEAD Hubert Gatignon The Claude Janssen Chaired Professor of Business Administration and Professor of Marketing INSEAD Rémi Triolet Simulation Expert How you can save paper. Please refer to page 2 before printing this document. Copyright © StratX 2015-02-03 i TABLE OF CONTENT I. Introduction to the Markstrat Challenge ________________________________________________ 1 1. 2. 3. 4. 5. 6. II. Understand your role ________________________________________________________________________________ 1 Your objective ______________________________________________________________________________________ 1 Your team _________________________________________________________________________________________ 1 Getting prepared ___________________________________________________________________________________ 2 How to print the PDF version of this handbook ___________________________________________________________ 2 Questions & Technical Support _______________________________________________________________________ 2 Overview of the Markstrat World ______________________________________________________ 4 1. 2. 3. 4. 5. 6. 7. Sonite Products _____________________________________________________________________________________ 4 Vodite Products ____________________________________________________________________________________...
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...Fayette County Schools Research Paper Survival Guide June 2009 (revised November 2011) Compiled by: Jillian Bowen, Joanne Dirring, Monica Dorner, Greta Jackson, Shery Kearney, Ann Richardson, and Cheryll Thompson-Smith Based on the work of: Linda Brem, Kathy Franks, Cathy Nix, Ann Richardson, and Cynde Snider Table of Contents Plagiarism………………………………………………………………. Plagiarism Statement - Middle School……………………………..... Plagiarism Statement - High School……………………………….... English Research Requirements…………………………………….. Middle School Requirements…………………………………... 9th Grade Requirements………………………………………… 10th Grade Requirements………………………………………. 11th Grade Requirements………………………………………. 12th Grade Requirements………………………………………. Frequently Asked Questions…………………………………………. Annotated Bibliographies……………………………………….. Citation Formats…………………..……………………………... Common Mistakes………………………………………………. Documentation and Plagiarism…………..…………………….. Internet and Databases…………………………………………. MLA Manuscript Form…...……………………………………… Note Cards…..…………………………………………………… Outlines…………………………………………………………… Paraphrases and Quotations..…………………………………. Parenthetical Documentation……………………………...…... Quoting Poetry……………………………..……………………. Research Papers..………………………………………………. Research Process……………….……………………………… Research Projects……….……………………………………… Source Cards..…………………………………………………… Works Cited Page……………………………………………….. Research Glossary……………………………………………………. Online Resources……………………………………………………… Works Cited…………………………………………………………….....
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...States, the authors examine the extent to which a halo response introduces bias to product quality and corporate social responsibility perceptions of competing brands. The findings show that halo is more pervasive for product quality than for corporate social responsibility associations, varies across brands and markets, and is strongly related to brand recommendations. Examining cross-national brand performance and halo perceptions can help international marketing managers understand key perceptual similarities and differences between and across markets, which can inform strategic considerations such as whether to pursue global, panregional, or national branding, positioning, and advertising strategies. Keywords: constrained components analysis, associative network models, automatic activation theory, branding and brand management, marketing standardization/adaptation, corporate social responsibility The strategic importance of corporate social respon- sibility (CSR) and associated initiatives continues unabated despite the recent economic downturn. Corporate leaders such as General Electric chief execu- tive officer Jeffrey Immelt argue that transparency, accountability, and strategic engagement with govern- ment will become increasingly essential (Warhurst 2008). A 2009 McKinsey survey of more than...
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