Finance 516

Page 29 of 50 - About 500 Essays
  • Premium Essay

    Fortaiting

    FORFAITING The forfaiting is an operative for the exporting company sold outright to a bank a payment internationally accepted document, letter or note, which recognizes a right of recovery in an operation led international sale. The forfaiting is often used in transactions with high risk countries (developing countries or countries with political or economic instability). Operations are hardly find other funding. Because of this high irrigation, the financial institution that acquires financial

    Words: 1229 - Pages: 5

  • Premium Essay

    United States Global Financial Crisis

    Liquidity problems in equity funds and hedge funds; Devaluation of the assets underpinning insurance contracts and pension funds leading to concerns about the ability of these instruments to meet future obligations: Increased public debt public finance due to the provision of public funds to the financial services industry and other affected industries, and the Devaluation of some currencies (Icelandic crown, some Eastern Europe and Latin America currencies) and increased currency volatility,

    Words: 999 - Pages: 4

  • Premium Essay

    Financial Management Accounting Info

    Personal financial decisions may also involve paying for a loan, or debt obligations. The six key areas of personal financial planning, as suggested by the Financial Planning Standards Board, are:[1] 1.Financial position: is concerned with understanding the personal resources available by examining net worth and household cash flow. Net worth is a person's balance sheet, calculated by adding up all assets under that person's control, minus all liabilities of the household, at one point in time

    Words: 269 - Pages: 2

  • Premium Essay

    Scott Equipment Memo

    Scott Equipment Organization Memo To: Scott Equipment Organization Management Team From: Date: RE: Financing Options Scott Equipment Organization anticipates current assets to be around $66 million. The income tax rate for Scott Equipment is 40%, which would make the projected tax amount for next year around $26.4 million. The organization has three options available to when implementing their financial policies. The aggressive financial policy has a large amount of short-term debt, moderate

    Words: 576 - Pages: 3

  • Free Essay

    Financial Statement Restatement

    Financial Statement Restatement When a company makes an error in accounting, the lasting effects can have a great impact on how the external and internal users of this information perceive the organization. The following is an analysis of the effects of inaccuracies in a Bank accounting for its allowance for loan losses. First National Community Bancorp Inc. (FNCB) in Dunmore, Pa., restated financial results for 2009 and two quarters in 2010 after an internal audit uncovered inaccuracies in

    Words: 542 - Pages: 3

  • Premium Essay

    Aact

    A single set of global accounting standards, rules to be followed by any public company as it reports annual operating results, has become the Holy Grail of Accounting. In today’s world, these rules are embodied in International Financial Reporting Standards. Unfortunately for many good but unwitting people, advocating the U.S. adoption of IFRS is a fool’s errand. To more fully understand the ramifications of this statement let’s turn to the dictionary for a basic frame of reference. Grail

    Words: 1210 - Pages: 5

  • Premium Essay

    Reporting Practices and Ethics

    attention of investors, creditors, and banks to continue to be profitable. The information that these entities receive is product of the generally accepted accounting principles (GAAP) that are practiced by companies to create and release their annual finances. The financial statements allow the outside entities to judge the economic health of the company and from this decide if investments and larger lines of credit are wise. In the United States the Security and Exchange Commission enforce the GAAP although

    Words: 896 - Pages: 4

  • Free Essay

    Carmichael

    1. Who is the author of this paper and what is his position (give description of responsibilities) with the PCAOB at the time of this article? The author of the article titled, “The PCAOB and the Social Responsibility of the Independent Auditor” is Douglas R. Carmichael. At the time of this article Douglas Carmichael was the Chief Auditor of the Public Company Accounting Oversight Board. His responsibility as Chief Auditor was to advise the Board and the head of the PCAOB’s professional standard-setting

    Words: 671 - Pages: 3

  • Premium Essay

    Downfall of Enron

    profits were largely inflated, which is misleading to investors. Enron used off-balance sheet financing and recognised many long-term contractsto make the business look financially healthier. Andersens had a more astounding way of increasing Enron’s finances. They helped create “bogus” companies and made them loan money to Enron. These loans were treated as income from partnerships and not as liabilities.

    Words: 640 - Pages: 3

  • Premium Essay

    The Business Environment

    Business is the main component of our economy. Business is in every corner of every type of market. Most everything you can possibility think of that relates to the economy is business. Health care, retail services, restaurants, farming, super markets all involves business. For example, there are different types of farming that takes place. One farmer may have a chicken farm and another has a farm with cows. The two farmers may make a trade for eggs and the other for milk. This would be a

    Words: 781 - Pages: 4

Page   1 26 27 28 29 30 31 32 33 50