Cash Course Works Samples For Students

Introduction

Financial statements are essential documents for any business and it’s hence the obligation of the business owner to ensure that these statements are properly tracked. Record keeping of the financial statements has a lot of significance to the welfare of a business be it small or large.

1.) Discuss why it's important for small business managers to constantly analyze their financial statements (i.e. the balance sheet, the income statement and their cash flow statement).

Balance sheets are important because they assist the business owner to evaluate the assets and the capital injected into the business. The owner is also in a position to analyse the liabilities in the business. Likewise, the income statement enables the owner to know whether the business is operating at a profit or loss. The ...

Discipline may be described as the ways, means, and avenues or channels used by the managers of institutions, businesses or other corporations to identify, investigate and rectify or correct misconduct or infringements among its staff in order to ensure compliance to the laid down company rules and regulations. Discipline is critical in the work place; it makes an organization to be cohesive and better able to achieve its goals (Imundo 1993). Discipline can be thought of as observance of set rules that guides workplace conduct of employees. Because there must be cases of indiscipline in the organization, disciplinary mechanism ...

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 ...

Accounting Cycles

Adjusting Entries: These are entries made at the end of an accounting year usually at the end of year. These are journal entries to ensure incomes and expenses are allocated in the period that they were earned and incurred respectively. The money may not have been received or paid out in the particular period but the expenses and income are accounted for in the particular year they were earned or incurred. This is known as accrual accounting. It is also the principle of matching principle since revenue and associated costs are accounted for in the same accounting period. There ...

Raising Capital in the UK Economy

Businesses have several financing options for their capital projects. One of the financing options is bank borrowing. There are several banks in the UK market and a business does its analysis to get the best interest rates in the market. A business may approach a bank loan to purchase assets such as machinery. With this kind of business financing, the company may have to give assets as collateral to the bank to act as security. There are two types of bank loans that offer that is secured loans and unsecured loans. The advantage of secured loans is that the interest rate ...