Balance Course Works Samples For Students

The Maastricht Treaty launched the European Monetary Union in the year 1992. The union comprised of two parts, which included the creation of euro the common currency and creation of the European Central Bank, which coordinates all monetary policies in the Eurozone. The treaty also created the rules for countries willing to join the union. The other element of the treaty was the national central banks of the 16 member countries. European Monetary Union creation has led to price stability and proper management of public finances (McKay Volz & Wolfinger 2011).The final phase of the single currency introduction ...

Discuss the measures that a government can take to improve the balance of trade in the short- term

A depreciation in the value of currency exchange of a country should help boost oversees’ demand for U.S. exports because American firms will be able to supply more cheaply internationally (Keeler, 2007). A country can devalue its currency by a large margin in one or two installments in quick successions so that foreigners can find goods and services of a country cheaper to buy and boost exports rapidly.

Another method that a government can use to improve balance of trade over the short term is to reduce demand in the economy thereby reducing consumer spending in the economy. The government can use fiscal ...

Benefits

A balance scorecard has a number of benefits to companies depending on a number of factors. Key among these factors is the use to which the balance score card has been put. A balance score card can be used in operational control and strategic management among other functions.

Used in enhancing the operational control

When used in enhancing the operational control function, the balance score card has several benefits which include increasing the effectiveness with which performance improvement initiatives are monitored; improving understanding of the processes in order to spearhead the process of setting and achieving the organization’s goals. The balance scorecard is very effective in ...

Introduction

Weighing is the process through which the mass of an object is determined by the use of a balance, for example the analytical balance. This balance is used for the purposes of measuring gravitational mass in the laboratory. Weight on the other is measured by the use of a spring balance. The analytical precision of using balances is to achieve accurate measurements of masses and weights in the lab so as to consequently achieve the desired results in the experiments being conducted.

Accurate Reading on an analytical Balance

The features of an electronic balance

Analytical procedures for most analyses involve weighing; which is in turn a usual source ...

Answer 1)

Recording of transactions of financial nature is the basic/core objective of the accounting world. All the transactions which are of financial nature, either, transacted fully or partly are recorded in sequential way. Before preparing some rough drafts of any additional transactions, The official initial step of Book Keeping is to record all the transactions in journal, as and when they occur, following rules of debit and credit.

After posting these entries into journal, they are the then posted into different accounts of ledger. Objective of preparing ledger is to group similar transactions into one book and ascertaining summary of ...

The Generally Accepted Accounting Principles – GAAP and International Financial Reporting Standards – IFRS are the set of standards used in various countries. GAAP is generally followed in the US while the IFRS was established in 2001 and is used in most countries around the world for financial reporting. GAAP is mainly based on rules while IFRS mainly relies on principles. Albeit the functioning philosophy and viewpoint behind both GAAP and IFRS is quite similar there are several key differences which are explained in this paper.
The first difference is with respect to inventory costing as the LIFO ...

Accounting Standard followed by the company:

i) General Mills Inc:

General Mills Inc, for the purpose of its financial reporting, follows Generally Accepted Accounting Principle(GAAP).

ii) Meiji Holdings:
The company, for the purpose of the financial reporting and also for its subsidiaries, follows Generally Accepted Accounting Principle(GAAP). The company declares that the accounting standards are different from International Financial Reporting Standard(IFRS).

Accounting Standard followed by the auditors:

i)General Mills Inc:
The financial statements of the company are audited by KPMG LLP, which are the external auditors of the company. The external auditors have used standards of Public Company Accounting Oversight Board(United States). The standards obligates the auditors to ensure that all the financial statements of the company are free from any material ...

Executive summary

The purpose of this report is to assist Sam De Boni with his investment decision. He recently won a lottery of $10,000 which he wishes to invest in the tourist industry and the skycity entertainment group in terms of financial and statistical data and key accounting ratios. From the financial statements the company has been performing well in the recent past and the trend is expected to persist in the near future.

The research for this report involved a thorough research on NZX Company Research Database website, Statistics New Zealand website, and SkyCity Investor Centre website.
According to the ...

1. Balance Sheet

The term Balance Sheet is commonly used in the domain of Financial Accounting. The balance sheet is a statement that makes a declaration about determined financial position of all monetary and finance related input and output of a particular company, organization, or association. According to Northcentral University (2011), “The balance sheet, or statement of financial position, lists the firm’s assets and liabilities, providing a snapshot of the firm’s financial position at a given point in time (p. 20).”

The core objective is to keep track of financial balances related to the organizational activities and maintain awareness about the kind of ...

Interrelationship of Cash Flow Statement with Other Financial Statements

Cash flow statement is the statement that shows the position of cash inflows and cash outflow in the given period. It is directly related with other financial statements. The statement of cash flow is divided into three parts as cash flow from operating activities, cash flow from investing activities and cash flow from financing activities. The Cash flow from operating activities shows the cash flows from the activities done on the regular basis to run the business. It includes the net income of the business, which is obtained from the income statement and some accounts recorded in the balance ...

Introduction

Debt in developing countries remains a big challenge even after the IMF and World Bank efforts to cut down these debts to a manageable level. This study aims at identifying some of the factors which have contributed to the increased debts in developing countries. The purpose of selecting the issue is to carry out an investigation as to why the debts in developing countries persist even after the IMF and World Bank efforts to cut them down. Developing economies are characterised by with low GDP, high inflation rates, high interest rates, and low per-capita income hence have unstable economies (Toussaint, 2012). ...

Analysis of how Futura Industries implemented a balanced scorecard and its apparent effects

At Futura Industries, the president, Susan D Johnson built the success of the enterprise on the learning and growth dimension of the balance scorecard. A balance scorecard has four dimensions and they include: internal operations, financial, customer service, and growth and learning dimension. According to the case study, the main reason why the company decided to implement the growth and learning dimension over the other three dimensions in a balance scorecard is because the success of the other three dimensions depends on the success of growth and learning. This was evident in the company since for the period between 1996 ...

Chapter 1 Lesson 1 Checking Your Understanding page 5

- There are a variety of different ways that art can be around the world. Art can be in a book that is being read, the furniture that is being sit on, and in the video games that people play on a regular basis. Basically, art can be anything that a person sees, has seen, or might imagine like advertisements on TV, Internet, toys, fashion, cars, paintings, and movies.
- Perceive means to become aware through the senses of the special nature of objects. When a person uses their sight, hearing, touch, smell, and taste to perceive an object, a person will better understand ...

Instant Coffee Industry in UK:

Coffee is considered as one of the well-renowned beverages in the world. According to research by Mintel in 2012, the retail market of UK reached 1 billion pounds for the first time (H&CNews 2014). The people living in UK consume about 2.8 kg of coffee every year (IBIS 2014). However, people do not consume much coffee in UK as they do in other European countries like France and Germany. The coffee market of UK is of only 33% of German and 50% of French coffee market (H&CNews 2014).

The coffee market in UK is mainly dominated by ...

The Horizontal Analysis

In the horizontal analysis of the company, one considers the various line items in the income statements and the balance sheet with similar items in the previous years. Looking at the year 2008, the company did not perform well. In terms of sales, there was a decrease in the sales compared to the year 2007. There was a decrease of $ 897,000 which is 15% of the sales revenue.
As a result of the low sales, the company suffered a loss in the gross profit. The profit reduced from $1.6M to $1.4M. When analysing the expenses, the website creation and maintenance is a ...

Goal: My main goal is to become a nurse. Given the fact that for a person to become a full-pledged professional, obtaining a degree is a must. Hence my personal plan will focus more on the achievement of balance in all aspects of my life so that it will become easier to accomplish my goals and reach for my dream of becoming a nurse. To achieve balance, it is important to know to manage time properly. In addition, to achieve balance, it is best to become physically fit and healthy. I believe that in the absence of a healthy state of body and mind, people become ...

Below is the chart for the balance scorecard which shows the aims and objective of evolution engines. In this scorecard the segments included are shareholders value from the financial perspective; customer’s value perspective, internal value perspective and learning and growth perspective (Marr and Adams, 2004; Niven, 2005; Papalexandris et al., 2005) of the organization evolution engines. Evolution Engines is an engine manufacturer planning to initiate its business in the China. The balance scorecard is emphasizing on one particular segment which is manufacturing of the airplane engines. Elaborate details of division of segments and measure for enhancing the value ...

Summary of leadership philosophy

Every leader in society or organization has their personal approach and perception towards doing things. Leadership must be guided by specific philosophies that provide direction on how to achieve the desired results and performance. A leadership philosophy is quite different from leadership styles or models. A leadership philosophy focuses on how a leader behaves and his characteristics. It is the detailed kind of leadership a certain leader offers to his subjects. The philosophy I hold towards leadership is a combination of two philosophies. My leadership philosophy is to offer leadership that is based on ethics, servants and values.

Leadership should be centred ...

In this perspective, current assets are assets within the organization that are convertible to cash within a period of 12 months. They are mostly renowned for their high liquidity. Current assets are included in the balance sheet after the noncurrent assets. They are important in measuring the liquidity of an organization. When compared to current liabilities, they show the liquidity position of the organization. Therefore, current assets play an important role in the organization by helping to determine its cash flows in a given period of time. Every organization requires current assets in its routine activities. The performance of the organization ...

1. How is international financial management different from domestic financial management?

International financial management is similar in many ways to domestic financial management. However, there are several key differences. In domestic finance, the issue of exchange rates is not common. However, international financial management involves use of exchange rates considering the fact that different currencies are used in this market. Managers should be aware of implications of exchange rates in their managerial activities. International financial management involves being aware of the risks associated with exchange rates. This is not the case in domestic financial management where there are no exchange rate risks (Brigham, 2011).

International financial management involves acquiring capital ...

AREA OF STUDY

I would like to conduct a study related to the issue of work place diversity. Since this is a broad area, I will concentrate on work place diversity by studying two groups: Gen X-Y and Baby Boomers. Gen X-Y includes people born from 1965-2000; while Baby Boomers are those born from 1945-1964. I will analyze the impacts of these two groups on the effectiveness of a company. Job satisfaction and work life balance will be the elements used to highlight the differences and similarities between the two groups being studied.

RELEVANCE TO FIELD OF STUDY

Work place diversity is one of the key issues that we as ...

1. In order to decide whether to engage into trade with a foreign country, business usually assesses market for their products, access to resources needed, the opportunities for making distribution systems and production more efficient and the ways to reduce the dependence on one economy, thus spreading business risks.
Participating in the information economy on a global scale requires the consideration of the large number of people, who are currently employed in the local industries. It is necessary to understand the internationalisation of the information economy and to the increase of the labour force in the foreign countries with lower ...

Task 1

Explain the nature and role of accounts. You need to also explain why James and Rebecca need to produce accounting information in order to make financial decisions.

Answer

Accounting is the process of identifying, measuring and reporting economic information to the owners of business and all interested parties (Joel, 2008). Business transactions have financial implication on a business in both short term and long term (Frank & Allan, 2005). Some of the transactions are sale or purchases of fixed assets or current assets, paying of business expenses, and settling current liabilities among other business transactions. Accounting involves identifying, measuring and reporting ...

Labor cost

Effect of the World Economy as China commodity increases
Chinese has employed wide use of the mass production as a manufacturing strategy. This has lowered the price of commodities compared to other markets in the world. The Chinese product has been more competitive in the entire market and contributing largely to the economy of the country.
The exported products to the international market from china have a competitive advantage due to the low cost. In comparison to other markets the Chinese products such as DVD player and sweater among others, are cheap and hence attracting consumers. United States has ...

Introduction

Many school officials have performed countless duties and responsibilities in different level of challenges that are extremely in demand. School officials are expected to work hard with different students with different characteristics, faculty, and parents in complex circumstances. It is necessary to face multiple needs and the necessity to make decisions in accordance to the environment it belongs, in the right time, right management, and with full liability. In the legal research, the importance of the Supreme Court about the New Jersey v. T. L. O. is reviewed properly by state court cases related to the Search and Seizure ...

Introduction

Human Resource Management is a critical department in the construction industry. Most of the construction companies do not understand the importance of human resource management in developing and utilizing the employees in the pursuit of optimum organizational performance, and consider making an investment in HR practices as a ‘luxury’, and ‘pen pushers’ (Wilkinson, Johnstone, and Townsend, 2012). In this industry, extensive labor outsourcing takes place, creating an opaque and transient employer-employee relationship. This cyclical nature of demand for the labor force makes the process of HR more difficult.

This sector works with subcontractors, joint ventures and alliances, and creates ...

In particular, when you have sales that are drawn up under the accrual method, there is an increase in net income. The sales in the indirect method cash flow statement are recorded as the first item. Sales that is in cash from customer purchases in case of the direct cash flow method, while in the case of an accrual accounting basis, sales are entered as accounts receivables.

Transaction

A merchandise sale begins with the process of an economic transaction and it’s evidenced by a sales receipt
Analyze and classify
The process of analyzing involves principles of accounting including; ...

Introduction:

Credit Cards are the cards issued by Financial Instituitions to the individuals giving them option of a mean of short term financing at the point of sales. These institutions charge interest rates which are generally higher than other consumer loans. Credit Cards are one of the most popular method of retail payments in US because of its wide spread acceptance.

Part A)

Assuming, that bank will charge no other fees and on the basis of 2% minimum payment regulation, amount to be paid on $5270 will be:
Minimum Amount Due: $5270*2%= $105.40

Part B)

I have an American Express Credit Card that ...

Question A

According to Gregory Mankiw (2011), trade balance reflects the difference between net worth of exports and imports in a given country. Consequently, positive trade balance suggests in monetary value country exports more than it imports, while negative trading balance (trade deficit) is associated with dominance of imports over exports. Economists argue that trade deficit is not always considered to have a negative impact on the national economy, however it often creates potential risks which may result in harsh economic consequences if they are not addressed properly. For example, if net exports are negative it is assumed that proceedings from exports are ...

Facilitator:

Scientific techniques refer to procedures that are informed by technical or logical postulates in developing practical mechanisms or systems. Scientific principles refer to methods based on empirical and measurable facts for measuring and investigating a particular phenomenon. Scientific principles and techniques therefore are strategies and techniques used to investigate a phenomenon, validate facts, or reject a thesis based on empirical and measurable facts (Jarrett 2009, p. 219). In engineering, scientific methods determine the quality and level of material used for the final assembly stage.

Scientific principles and techniques are essential in promoting research in different areas of engineering. Engineers examine the concepts ...

Analyze the principles behind the new “learning organization.” At what point has an organization transformed into a learning organization? Explain your rationale.
The environment where the organization operates is changing at a very fast speed. New technologies come and the organization needs to move with the current technological advances. A learning organization is an organization that innovates fast and acquires knowledge fast enough to keep up with the rapid changing environment that surrounds the organization. A learning organization acquires shares information and knowledge for the purpose of achieving the objective and improving on effectiveness and efficiency. In the past, learning ...

Growth in output per capita and in population growth

According to the report published by the World Bank in 2012, the Gross Domestic Product (GDP) per capita growth in Saudi Arabia was estimated to 4.36 percent. However, in the third quarter of 2012, the GDP in this country expanded to 5.87 percent. This growth rate is according to the report released by the Saudi Arabia Monetary Agency. The growth is associated by the country’s 20 percent possession of world’s proven reserves of petroleum. On the other hand, the average yearly percentage change in the Saudi Arabia population as a result of surplus/deficit in the economy is estimated ...

Introduction to Computer

1. What features or functions of Excel do you feel will likely be most useful to you in helping you achieve your career goals?

A function of Excel which one feels will be most useful is the different features of the spreadsheet. The built-in formulas in Excel such as percentages, averages or growth rates are very helpful. Data input, especially those that involve a lot of numbers are easier with Excel. Charts and graphs will come in handy in making some analysis which one may encounter in one’s career. In deciding on whether to move from one job to ...

Introduction

Management team is a group of individuals having unique skills and ideas that work as a single unit. The aim of this group is to accomplish the desired goals and objectives so that the business could grow successfully in the market. With such desires, the management team requires certain competencies to enhance its opportunities that would eventually help the small business to grow exponentially along with increase in profit returns. It is highly important for the small business agencies to carefully build the management team so that this management team complements the overall business and operations of the company and contributes ...

FOREWARD

This reports aims at shedding light in the best strategy for Ahold to adopt in identify the best target company to take over its aims to expand its food retailing services.
In this report the best comparison that will lead to aid in best decision making is by use of ratios since the business are reporting in different currencies and since the use of exchange rate would be biased due to volatility of the exchange rates overtime and thus such results would be quite unreliable and might lead to wrong decision making which would adversely affect the predator ...

Brief Summary of the Presentation

The title of the presentation was “What Every College Should Know about Credit Scores but No One will tell them.” The main resource persons were Quinton Harris and Tim Gill who were both Area Managers for the Bank of England and Daniel Halverson who is a credit manager. A credit score is a benchmark for a creditor for determining whether a person is worthy of credit. A credit score also shows a person’s ability to manage finances and meet obligations. The presentation highlighted the importance of having a good credit score to gain trust from employers, creditors, business partners and other interested parties.

Leadership Skill, Traits and Abilities Identified

The ...

Pepsi Co is a multinational food and beverage corporation with more than 5000 employees in over 15 locations. The company believes that, in order to increase its productivity, it should recruit and maintain the best workers. This way, the company hopes it can increase its sales. This will ensure that they remain competitive in the global market. Maintaining their best workers will also ensure that they are able to lobby more customers in the market. Pepsi Co has in the recent past increased its sales. The company has also strived to increase the number of female employees to be equivalent ...

Patient

Lillian was an 84 year old diagnosed with sickle cell anemia and uncomfortable with the American culture. She went to America from Philippines at a young age of 24 as a bride of war. She married a Caucasian American and became a neutralized citizen and according to her, she was a Filipino. Having lived in America for many years, she assumes some American traditions and continues to practice Filipino traditions. Philippines fall under the Asian culture, which includes many races with a variety of illness and health beliefs. She has a problem with the Asian culture because some of the Asian generalized beliefs differ with Filipino ...

Virtue Ethics highlight the principle of a person’s character rather than some other factors when it comes to determining his moral value and philosophy. Basically, virtue ethics is a person-based ethics. It focuses on what type of person one should become and what kind of life a person should live with. According to virtue ethics, certain ideals that are only discovered through reflection, such as dedication and excellence, must be attained to whole-heartedly experience humanity. A person chooses to be morally good solely because it is innate in his character.

Virtue ethics speaks of an individual’s character but it is ...

What are some workplace stressors associated with teamwork?

The potential of a team at workplace gets affected by stressors, as result the productivity level declines. Few of the commonly found stressors include ambiguous targets set by the manager, no support from team members, hard deadlines set by team leader, uneven distribution of workload among the members, being underrated, low involvement in decision making, displeasure with the assigned job tasks, late sitting because other members of the team are working, pressure from peers, interdependency of tasks within team, bullying and disruption from team members (Lawrence and Theodore ,1993).

How might the team help or hinder an individual in dealing ...

In the international system, the state is considered as the most fundamental unit of governance. The realist argues that the state has the ability to make its own decision regarding the international system. As much as this concept might be true, the fact remains that the state today is faced with the challenge of balancing both domestic and international politics. This is because the world today has become interconnected such that there is no single nation that can operate on its own. Therefore, it is important to look at how leaders influence in shaping national institutions that have both ...

Company Description

Tottenham Hotspur Plc is engaged in the operation of a professional football club in England together with related commercial activities. The Company has two segments: football and property. In addition, the Company continues to acquire numerous properties with a view to a new stadium development.

The sponsors of the club include Autonomy, Investec, Puma, Thomas Cook Sport, Sporting bet, Carlsberg, TNT, EA Sports and Glyn Hopkin. The Company's Tottenham Tribute Trust is an organisation that reaches out to members of the Spurs family who are fighting hard times either financially, medically or both. The clubs patron includes Chigwell Construction (London) Ltd is a ...

Abstract

The major financial systems in management of any finances of an institution include balance sheets, income statement, statement of owner’s equity and statement of cash flows (Baker & Baker, 2014). The balance sheet is an important tool in the assessment of the organization’s ability to meet its long term obligations. The income statement, on the other hand, gives a summary of the organization’s transactions over a set period. The statement of owner’s equity is a financial statement that uses information from the income statement and provides the same to the balance sheet. It analyzes the changes in profits of a ...

Background:

With a rich history of success, Pepsi was an establishment of the 1898, in Carolinas. The drink was an original invention of Caleb Bradham. Based in New Bern, North Carolina, he was a pharmacist and drugstore owner ("Pepsi History," n.d.).

It was five years after the introduction of Coke that Pepsi came into existence, in the year 1893. This was the time when the inventor Caleb Bradham decided serving customers his soda machine produced ‘Brad’s Drink’. In response to the positive feedback that he received from the drinkers, he began advertising his samples in 1898, after naming ...

Management of both employees and production has been an epochal subject in a global world. The fact is the managers of various organizations need the performance of workers to boost the organizational production. The perturbing questions to most of the managers are the effective management styles that endeavor to embrace both the employees and the production. In early 1960s, Robert Blake and Jane Mouton developed a Managerial Grid Model. Blake and Mouton realized the imperativeness of the employees and production in the organization. In view of the aforementioned, the two innovators included the two factors, the concern for people and the ...

- You owe £40 K in Corporation Tax: This amount will be recorded under the liabilities section as it is an outstanding expense, which the company is liable to pay.
- There are £15K worth of FPGA in the stock room: Since stock/inventory is a current asset for every entity, it will be recorded in the asset side under current assets.
- Paid £20K to a supplier for ARM Boards that are yet to be delivered: Since the transaction is prepaid and the company is yet to receive the boards, it will be classified in the ...

Strategic Plan: Resources for Professional Development Plan

When building a strategic plan for a professional development program it is important to have support, time, people, understand financial constraints and determine if the educational needs to develop staff are being addressed. The purpose of LMC’s strategic plan is to balance the organization with the external environment, and maintain a balance for an extended amount of time (Marquis, & Huston, 2012). This balance will be achieved through the evaluation of the program and services while keeping the facility to its maximizing performance capabilities (Laureate Education, 2013). To attain optimal functioning, there must be flexibility and adjustments made to the strategic ...

Managing inventories is a key operation for any business. With the advent of technology computer software have been developed to make the control even easier. Sales companies mostly use the fixed order period inventory system, also called periodic inventory system. This method works on the idea of only updating your company’s inventory balance. Orders are placed periodically with varying quantities. For one to do it effectively, the balance of the stock has to be determined. In determination, the number of products sold is usually tracked so that it is much cheaper to know the balance and when the inventory ...

Financial statements of an organization provide potential investors with a more detailed insight about the organization as opposed to the casual glimpses of the organization’s stock market prices. For an investor who is interested in investing in a particular organizations stock, and has the financial records of the organization in question at his disposal, then the first five areas to review before investing would be as follows:

- Liquidity Position: The balance sheet presents a broader overview of the organization’s financial position. From balance sheet data, it is possible to calculate the current ratio which reveals the general liquidity of ...

Fair Value Accounting involves the recognition of changes in fair value as losses and gains on the income statement and reporting assets and liabilities on the statement of financial position at fair value. It goal is to approximate the best it could the prices at which an orderly transaction could occur given the parties’ current position. Thus, it is expected that firms must incorporate updated and relevant information on discount rates and future cash flows in the measurement of their fair values. Under fair value accounting, losses are reported when the fair values of the liabilities increase and assets ...

There is usually a thin line when determining between legal and ethical issues. In marketing, the strategies used are mostly informed by legal and ethical considerations. The same is true when considering product safety and intellectual property. This means that there is a close relationship between law and ethics; however, it is the existence of the law that makes ethical values enforceable. In general, therefore, ethics are those values or rules of conduct that are created so as to guide a particular group of people while legality is something that pertains to the law. Ethics, in other words, should be contemplated within ...

Certainly, the federal and state governments pose immense influences on the lives of Americans living across various contexts. As such, there should be a balance of power between these two forms of governments. Worth noting is the fact that the United States constitution dictates that the federal government should exercise authority over the state government in specific areas.

However, this constitutional provision does mean that the authority enshrined to the federal government is not limited (Schmidt et al., 2011). Evidently, there are certain areas not left exclusively to the federal government; hence, the state government helps in carrying out certain ...

IDENTIFYING AND ANALYSING A MANAGER’S

Manager Efficency

In my former workplace, I had the privilege of working with a senior manager named John. While he had his own strengths, he also had a number of weaknesses which managed to hamper his efficiency.

While being well adapted to the process of change itself, it was very apparent from his behavior that John was a person who anticipated change and encouraged others to walk the same path. He was highly ethical in his approach at the workplace. However, he was also egoistic which lead to problems in interpersonal relationships both in the department as well as outside. This also ...

Assets are usually owned by the business. Businesses use these assets in order to generate revenue by selling goods and services. Assets are both tangible and intangible. Normally tangible assets include cash in hand, furniture and fixture, plant, machinery etc. while intangible assets include goodwill of business, trademark or patent etc. (O'Keefe, 2010)
According to GAAP, either the owner of the business owned the assets of business or subject to the claims of creditors. Creditors are those persons who have given loans to another person or businesses. Such loans or credits are called liabilities. Such portions of ...

Introduction

Every decision established in the company has a decision that involves the use of funds this is referred to as a financial decision. In the process of making financial decisions, the conventional corporate finance theory assumes that the main objective is to optimize the value of the company, which is referred to as maximizing shareholder wealth. Since the key objective in the corporate finance is to optimize company value, any financial decision that increases this value should be regarded good, while that reduces value is deemed poor. Therefore, the value of the company is determined based on three main financial decisions ...

Introduction

Complementary therapies work alongside other treatment method. They are alternative ways of providing emotional, physical and spiritual support; this improves the quality of life and reduces the side effects of medical treatment (Cancer Council, 1). They are sources of relief and comfort for patients undergoing palliative care.

- Meditation and relaxation
Relaxation involves engaging in stress-relieving and enjoyable activities. It involves a series of muscle-loosening exercises. Through slow and deep breathing, a person releases muscle tension. Mediation, on the other hand, is a practice focusing on quietening of the mind and breathing techniques. It focuses on the sitting posture, breathing and ...

Non Financial Performance Indicators

Financial measures of performance may mislead the stakeholders because they only tells us about the performance of prior periods but in order to gain a wider perspective of performance the following Non Financial performance Indicators would be appropriate;

Competitiveness

The company should evaluate its sales growth by products and services in order to understand its market share and size of customer base. There is a possibility that company has more expertise in the assembling of plumbing parts. The import of final products is a general business and always has threats from new entrants. It is also necessary for a company to find out its ...

The formation of an individual’s character refers to the process where an individual develops into the person that they are. The development of this person constitutes of formation of enduring patterns of thinking behavior and feeling. The development of these patterns is because of adaptations to the internal and external instincts, external demands for conformity and the need for balance between the instinctual demands and the external demands for conformity. These are known as the id, the super ego and the ego. (Freud, 1938)

The formation of the character of a person follows these three parameters where the id ...

Introduction

Kindergarten age is the budding stage for any child as it encompasses the values and skills ingrained in the deep layers of young minds. And it is truly the value addition that is done at this age for staying forever in the form of attitude, temperament, and character building. This makes it all the more important to mentor the kids in the right direction with right method of teaching and learning. But, making learning a fun process is an art, and especially for this age, the dynamics are to be taken care so that learning process is fun-filled. The impact ...

Let’s say you have a fantastic business idea that you know will make money for you. You have made your calculations, you have studied the market, you have found the perfect location and you have a good idea how you will operate and make the business happen. The product you have is unique. How to make the product will be unique. You have found the people who will help you make the product. You have emptied your wallet, gathered all your money from your savings, sold your car, you now some of the cash you need to start it all ...