...Getting Started Tutorial Welcome This tutorial will introduce you to the main functions of your AccountRight software. You can use this tutorial with the current versions of MYOB AccountRight Plus, MYOB AccountRight Premier and MYOB AccountRight Enterprise; these products will be referred to as AccountRight software throughout this tutorial. Viewing this tutorial You can view this tutorial on screen or you can print it. If you are viewing it on screen and the screenshots are too small for you to see the details, you can zoom in using the zoom function ( ) on the Acrobat toolbar. Working through this tutorial The first part of this tutorial provides an overview of how to set up your AccountRight software and how to navigate through it. The rest of the tutorial is made up of modules that teach you how to do specific tasks. You can do the modules in order or you can skip to the module you want. However, complete the exercises within each module in the order in which they are presented, as they may build on previous exercises. You can stop the tutorial at any time and return to it later. This tutorial has the following modules: ’Banking’ on page 9 ’Purchases’ on page 16 ’Sales’ on page 21 ’Jobs’ on page 30 ’Forms’ on page 34 ’Reports’ on page 40 ’Payroll’ on page 43. 1 Your AccountRight company file The information you enter in your AccountRight software is stored in a file called a company file. Your company file contains all the transactions, records...
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...There are many different standpoints and beliefs on issues like water scarcity. In this unit we looked into several different types of evidence like other readings, films, and class lectures. One article that includes statistical evidence that does support Shiva’s argument is titled, Is It Worth a Dam, written by Stephanie Joyce. Joyce uses a strong piece of evidence about how an international loan agency, the World Bank makes irresponsible and greedy decisions when it comes to dam building because of an economic offer. This example is similar to one that Shiva used about how the World Bank plays a role in the lack of water resources available and sees this scarcity as a business opportunity benefitting themselves. Joyce’s example strongly...
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...activities become one of the important agendas globally. The World Bank estimates that nearly 2.5bn adults globally (50% of the total adult population) is currently ‘unbanked’ or does not have formal financial services. These estimates have huge disparities between different regions of the world. In developed countries (OECD countries) high proportion of the adult population uses the formal way of financial services. While in developing countries two-thirds of the adult population are still financially excluded. The U.K government has committed to tackle financial exclusion and undertook special proposals in three key areas: Access to banking services, Access to affordable credit and Access to money advice. Besides, all...
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...to stabilize the international exchange rates and promote liberal economic policies. IMF will also provide short-term loan to assist members to overcome short-term imbalance of payment problems. On the other hand, World Bank offers loans to members to finance productive investments as well as assisting developing countries in its economy so as to reduce poverty within the country. Singapore joins both IMF and World Bank under the Bretton Woods Agreements Acts in 1966, 3 August. Before we join to become IMF as a member, during the Singapore-Malaya separation, we had sought for their technical assistance and to act as a broker in the negotiation with Malaysia for a common currency and banking system. In order to so, IMF first conducted a preliminary study to identify the concerns of Singapore and Malaysia regarding the common currency issue. IMF then acts as a broker in the final round of negotiations between 10 June 1966 and 5 July 1966. Before joining World Bank as a member, Singapore had sought for 2 loans where the first loan of US$15 million was used for the construction of the first phase of the Pasir Panjang ‘B’ Power Station and the second loan of US$6.8 million was used to construct Johor River Water Project. As a pre-requisite for the loan, the World Bank then requested our government to set up statutory authority (Public Utilities Board [PUB]) to manage the utilization and repayment of the loan. The advantages of Singapore joining as a member are being able to...
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...CONTEMPORARY AFRICAN POLITICS AND DEVELOPMENT “Africa’s Biggest Problems Stem From Its Present Leaders” (The Economist 13 May 2000). Evaluate This Statement With Reference To The African Crisis Of Underdevelopment. Illustrate Your Answer With Clear Examples. Africa has for the longest time been known as the troubled continent. It has become a public debate as to why Africa is so undeveloped and yet with its significant resources it could have been a major power house. Political corruption, lack of respect of rule of law, human rights violations are some of the root causes of the conflict in Africa. Other root causes are often over looked as people tend to constantly blame the state leaders for the crisis. This essay is going to try and show that although the African leaders have contributed to some of the problems today they are not the stem of Africa’s problems but in my take of things have become victims in a media war by those that seek to exploit it resources. The first root cause I am going to look at is the legacy of the European colonialism that had a major devastating impact on Africa. When the colonists finally left Africa they “cut up Africa in tiny little pieces” this forced different ethnic groups together which had not been the case prior to colonialism, creating these nation states of different cultures and ethnic groups. This has proven to be a difficult thing over the years as many internal wars in Africa have been because of this diversity. A clear example...
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...University of Phoenix Material Thesis Statement and Outline Complete the following outline. Items in bold are required. The remaining items are optional, but remember that the more detail you include on the outline, the easier the paper will be to draft! Thesis statement: Welfare has contributed to poverty more than it has helped because there are no reasonable rules, boundaries, or expectations for the recipients, because of this many people have started abusing the welfare system. I. First body paragraph topic: Welfare has contributed to poverty more than it’s helped A. Supporting detail: a standard used by the World Bank to measure poverty in developing nations rose by 130 percent between 1996 and 2011, from 636,000 to 1.46 million B. Supporting detail: The number of welfare recipients and amount of money to fund the programs is expected to increase significantly over the next few years II. Second body paragraph topic: Welfare has no reasonable rules, boundaries, or expectations for the recipients A. Supporting detail: there is no drug testing B. Supporting detail: there are no education or job requirements III. Third body paragraph topic: The most important reason welfare has contributed to poverty more than it has helped is because many people abuse the system A. Supporting detail: Welfare is not a career yet people remain dependent on it for long periods of time 1. Subdetail: Welfare was created as a temporary...
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...by Jerry Mander, Debi Baker and David Korten IFG Bulletin, 2001, Volume 1, Issue 3, International Forum on Globalization During the past few years, we have heard steady proclamations emanating from the advocates of economic globalization and leaders of the Bretton Woods institutions - the World Bank, the International Monetary Fund (IMF), the World Trade Organization (WTO), et. al. - that their deepest purpose in pushing economic globalization is to help the world's poor. More specifically, they contend that removing barriers to corporate trade and financial investments is the best path to growth, which they say offers the best chance to lift the poor from poverty. They also assert that the millions of people who have visibly opposed the economic globalization model are harming the interests of the poor. Everyone should please back off and leave it to corporations, bankers and global bureaucracies to do the planning and solve the world's problems. Such claims are routinely replayed in the media. One prominent national columnist, for example, says, "protesters are choking the only route out of poverty for the world's poor." In other words, if the protests would stop, the IMF, the World Bank, the WTO, Nike and Monsanto would save the day. Is this true? Are the interests of global corporations and bureaucracies really aimed at helping the poor? Or do these institutions have other primary motives? WHO BENEFITS? So far, almost all of the evidence from the past three decades (1970-2000)...
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...The IMF and World Bank are the world’s two leading lending institutions, but much of their monetary assistance disappears once it enters the banking systems of developing countries. Cite concrete evidence that supports the assertion that much assistance to developing countries is simply stolen by officials. Determine other main factors that account for the misuse of these funds. corrupt government officials. Money, of course, is a fungible commodity, and once aid money from the International Monetary Fund or the World Bank enters a government’s budgetary stream, it become difficult to trace. Even to the extent loans and grants are tied to specific projects, for example, construction of infrastructure, it can be difficult to track. The larger problem of government corruption, however, is well-known. The principal nongovernmental source on corruption around the world is Transparency International, a link to whose website is provided below. Transparency International conducts annual assessments of corruption in every country in the world and ranks each country according to its level of corruption. For example, Denmark and New Zealand are rated as the least corrupt countries in the world, with Afghanistan, North Korea and Somalia ranked as the most corrupt. Unsurprisingly, the correlation between a country’s level of development and its position on the corruption ladder clearly indicates that a relationship between level of development and corruption exists. As the least...
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...developing world, and especially in the low income countries, has shifted. IMF involvement became more long term, but also oriented toward policy reform, rather only assisting with a macroeconomic crisis. This paper explores the deficiencies in IMF policy prescription and implementation in the developing countries. The information was collected using a library research where books, journals, articles and online resources were used. The paper further clarifies reasons behind the failure of structural adjustment programs and the danger of neo liberal based economic policies imposed on low-income countries. The research concludes IMF’s enormous financial and political power should be used in the betterment of people in the developing nations. CONTENTS 1. Title page…………………………………………………………………………….…1 2. Abstract…………………………………………………………………………………2 3. Content………………………………………………………………………………….3 4. Introduction……………………………………………………………………………..4-5 5. Argumentation………………………………………………………………………….6-9 6.1. Mismanaged lending and debt crisis in the developing countries………….6 6.2. Counter argument and Refutation………………………………………………7-8 6.3. Violation of Islamic economic principles……………………………………….9 6. Conclusion……………………………………………………………………………..10-11 7. References…………………………………………………………………………….12-13 4. Introduction Capitalism has been international in scope since the man went out to discover the world 500 years...
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...ISIS PAPYRUS CASE STUDIES The key to success in today’s very competitive finance sector is the capability to offer new products and services to customers fast and efficiently. Related business documents, like bank statements or loan agreements, play a strategic role in the business process, as banks have moved to self-service methods such as electronic bank tellers and Internet services. Customer documents become the primary communication vehicle. Competitive Customer Documents in the Finance Sector Business documents have to be of high quality, contain detailed and well structured information and a unique content for every customer. Targeted marketing information, dynamic charts produced from business data, spot or full color statements, which are often produced for priority customers only, are common requirements today. Consolidated Statements A good example of such a service strategy is Citibank’s consolidated bank statement. It contains not just the current status of one account at a time, but summarizes and details all the customer's accounts down to the scanned images of all cancelled checks. At the same time it uses the same document to inform of the bank’s new offerings and services by including marketing messages targeted conditionally on the customer’s status. And there is more • Detailed and summarized information on various different accounts; savings, credit card, loans, investments, etc. in a consolidated document • The account status...
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...the range of incomes actually earned across a country or region • Question 3 5 out of 5 points Which of the following groups have the greatest influence on development? Choose the BEST answer. Answer Selected Answer: individuals, governments, and organizations Correct Answer: individuals, governments, and organizations • Question 4 5 out of 5 points Which of the following statements about purchasing power parity (PPP) is true? Answer Selected Answer: If we say that someone “lives on less than a dollar a day,” what we mean is that the person lives on an amount of his local currency whose total value is less than a U.S. dollar. Correct Answer: If we say that someone “lives on less than a dollar a day,” what we mean is that the person lives on an amount of his local currency whose total value is less than a U.S. dollar. • Question 5 5 out of 5 points Which of the following statements about defining "developing" countries is true? Choose the BEST answer. Answer Selected Answer: The World Bank, the IMF, and the UN each...
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...Introduction The Small and Medium scale Enterprise (SME) are recognized worldwide as engines of economic growth. The commonly perceived merits often emphasized for their promotion especially in the developing countries like Bangladesh include their relatively high labor intensity, dependence on indigenous skills and technology, contributions to entrepreneurship development and innovativeness and growth of industrial linkages. The case for fostering SME growth in Bangladesh is irrefutable as these industries offer bright prospects for creating large-scale employment and income earning opportunities at relatively low cost for the unemployed especially in the rural areas strengthening the efforts towards achieving high and sustained economic growth which are critically important prerequisites for triggering an exit from endemic poverty and socio-economic deprivation. These promotional arguments for the SMEs, while universally emphasized are often put forward by their ardent advocates in a small versus large context and thus arouse serious debates concerning their economic viability. Much of such controversies may, however breakdown if the intrinsic virtues specific to SMEs and unavailable to large-scale industries are correctly identified and carefully exploited. A combined interaction of the forces of product-mix, location factors, technological advantages and market advantages create opportunities for SMEs to grow and prosper at all levels of development which are often ignored...
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...whose name itself means, “Western education is a sin”. The BringBackourGirls campaign began with a speech by the vice president of the World Bank of Africa, Obiageli Ezekwesili, demanding the government to bring back Nigeria’s girls. Since then, the slogan and hashtag has trended globally on social medias such as Facebook, Instagram and Twitter. However, the effectiveness of the campaign remains highly controversial. Although the majority of girls are still missing, the BringBackourGirls campaign has effectively promoted the issue by rousing international outrage. Social media is perhaps the most influential and prevalent platform to share information nowadays. While it’s true that a mere hashtag can hardly generate any change on its own, the viral nature of the campaign has brought the Nigerian girls’ strife to the world’s attention. In the beginning, few people took notice of the horrifying event. Through social media, celebrities and influential figures from the first lady Michelle Obama to supermodel Cara Delavigne have posted pictures of themselves with the hash tag Bring Back Our Girls. In the span of three weeks, the hash tag was used more than one million times. With the growing western attention, the issue has become incrementally difficult to ignore and global intervention became inevitable. As more people speak up for the issue, world governments are more likely listen and take action. Many people argue that unlike other campaigns such as the ALS Ice Bucket Challenge...
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...economic challenge humanity has ever faced and successfully overcoming this challenge would be the greatest collective triumph that mankind has ever known. But to achieve this, many questions must be answered, one of the most important being the question of accountability: to whom, and for what should the largest political-economic players (states, intergovernmental organizations (IGO), Civil Society Organizations (CSO) and Multinational Corporations (MNC)) be accountable, and how can they be held accountable? Accountability has the ability to enforce compliance and turn exploitation into equality, and without it, democratic global governance cannot succeed. To begin with, because the majority of modern, developed, first world countries operate under democratic rule (though to differing degrees), and the majority of the world’s multi-national institutions promote living under some form of democratic rule, it is reasonable to assume that democratic principles are the cornerstone of effective global governance. In simple terms, democracy can be defined as every citizen having an equal say in the decisions and policies that affect their lives, and the ability to hold those who make decisions accountable. It would be helpful at this point...
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...referred to sub-section (4) of section 6 of FEMA,1999 or (ii) referred to in clause (c) of section 9 of the Act or acquired as gift or inheritance there from may also be credited to this account. The funds in RFC account are free from all restrictions regarding utilisation of foreign currency balances including any restriction on investment outside India. The facility is also available to residents provided foreign exchange to be credited to such account is received out of certain specified type of funds/accounts. RFC (Domestic) Account:- A person resident in India can open, hold and maintain with an authorized dealer in India, a Resident Foreign Currency (Domestic) Account, out of foreign exchange acquired in the form of currency notes, Bank notes and travellers cheques from any of the sources like, payment for services rendered abroad, as...
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