Transparency Creative Writings Samples For Students

(Reforming the financial systems)

Introduction

The term financial crisis is mainly applicable to situations where certain financial assets suddenly lose a large part of the nominal value. Through the crisis, the financial institutions equally lose value and become incompetent in the local as well as international financial markets. Financial crisis is a major cause of economic crisis where the economy experiences a downturn in liquidity as well as unpredictable inflations. However, when the financial crisis occurs several things may be done as a solution but the reformation of the financial system is one of the actions that may be undertaken. ...

Trading Issues and Basics of Forward and Future Contracts: DB2

Derivatives provide investors with the opportunity to create wealth in the future. Besides being very secure investments, these financial instruments provide investing firms with a good mechanism of hedging multiple currency transactions. Many companies are now embracing derivatives as one way of securing their future financial stability and strengthening the company’s hedging policy on currencies.

Difference between contango and backwardation markets

A contango market is one where prices of futures are set higher than the expected future prices. Therefore, the prices of futures in this kind of market decline gradually until they reach the expected price level just before the date of delivery. On the ...

Abstract

The Sarbanes-Oxley Act changed the ethical nature of accounting for publicly traded companies. The Act requires new forms of ethical behavior from companies, such as creating and maintaining a code of conduct that all employees, even executives, must follow. It also requires that they honestly and accurately report financial reports and maintains that the executive officers of a company have the most responsibility in reporting and certifying that the information is correct. The Act also changes the auditor-client relationship by making auditing more independent of the client, establishing an auditing committee overseen by the SEC, and ensuring transparency.
The ...

Director of Corporate Communications,

HSBC Holdings
P.O. Box 2876
Bentley WA 6008.

15th, April, 2012.

Mr. Kevin Kirie,

Chief Executive Officer,
Australian Local Network,
P.O. Box 123,
Bentley WA6004.

Dear Mr. Kevin,
This letter contains our recommendations to the Local Network to encourage compliance with Global Compact principle number six, which states, ‘Businesses should actively participate in the elimination of discrimination in respect of employment and occupation’ and principle number nine which states, ‘Businesses should Undertake initiatives to promote greater environmental responsibility.’
In this company, the HSBC Holdings, we strongly believe in doing the right thing for the benefit ...