Subject: Cash Pooling Supervisor: Dr. Nasser Abu Mustafa University: NYIT Cash Management: Cash pooling Abstract The role of the corporate cash manager has been continuously revised over the past few years‚ as a result of the demand for more effective and efficient ways to support the core needs of the organization. This has resulted in new responsibilities for the corporate treasurer and cash manager. The cash management function is demanding
Premium Middle East
Cash and Cash Equivalents Cash This includes money and other negotiable instrument that is payable in money and acceptable by the bank for deposit and immediate credit. Examples are bills and coins‚ checks‚ bank drafts and money orders. To be included or considered as cash‚ it must be unrestricted as to use‚ meaning‚ it must be readily available for use or payment of current obligations‚ thus‚ not subject to contractual or legal restrictions. The following items are included in “cash”:
Premium Generally Accepted Accounting Principles Asset Balance sheet
Closing for Business BusinessWeek April 5‚ 2010 p. 32-7. Western companies are finding themselves shut out as Beijing promotes homegrown rivals Not so long ago in China‚ Western business executives traveling to the provinces could expect a hearty welcome and a banquet with endless toasts of maotai liquor. In February‚ however‚ representatives of General Electric and a dozen other U.S. companies got a taste of the way commercial relations have been changing. They were in Wuhan‚ a city of 9 million
Premium World Trade Organization Communist Party of China China
the end of our Community Pharmacy Management and Drug Distribution System Seminar. I want to congratulate you‚and all of us for a fruitfull work. It is really a privilege for me to end this activity and it gives me a great pleasure to deliver the closing remarks of our very first seminar organized by the 4th year students. First of all‚ I would like to extend my sincere appreciation to our superb guest speakers‚ Mrs. Archimedes Diputado and Engr. Rubinstein Tubio for coming and sharing your valuable
Premium Pharmacy Management Gratitude
According to our textbook the closing process serves a dual purpose 1. The temporary accounts (revenues‚ expenses‚ gains and losses) are reduced to zero balances‚ ready to measure activity in the upcoming accounting period‚ and 2. These temporary accounts are closed (transferred) to retained earnings to reflect changes that have occurred during that accounting period. (Spiceland p. 79). There are three times during an accounting period when a company should perform a closing process‚ daily‚ monthly and
Premium Generally Accepted Accounting Principles Income statement General ledger
CLOSING CASE: The Ecuadorian Rose Industry Case Study Summary The opening case describes Ecuador’s rose industry. In the last 20 years‚ Ecuador has built its rose industry from virtually nothing to a thriving industry generating $240 million in sales. Today‚ the industry employs tens of thousands of people at higher wages than the average Ecuadorian receives. Yet‚ there are concerns that in the quest for perfect flowers‚ the use of toxic chemicals such as pesticides may be hurting not only the
Premium Ecuador United States Andes
Describe how physical and economic factors may have made one area you have studied in crowded coast (10 marks) Coasts become crowded when more and more people want to move there. This means the coast must a number of different pull factors which attracts people to the area for different reasons. Firstly‚ the climate of an area is a significant factor which can cause it to become crowded. Coasts with a higher climate means that more people want to migrate their in search of warmer climates in the
Premium Coast
Closing Case: Barrett Farm Foods Case Questions: 1. Philip Austin’s plan for European expansion is very simplified and will rely mostly on the foreign intermediary to complete export and complete sales transactions. I believe that this is the main problem of this expansion plan; there is too much liability in someone outside of the company that possibly doesn’t share the same goals and objectives of the company and sometimes is not completed committed with the process.
Premium Investment Food industry Food
2012 PRESIDENTIAL DEBATE CLOSING STATEMENT - MITT ROMNEY Thank you very much. It has been a great debate. I would like to thank everyone: President Obama‚ our host and American people watching the debate and who are deeply concerned about the future of our country. We are in a great economical crises‚ people looking for jobs but can not find any‚ our debts piled up‚ budget deficit widening every day. There is still a lot of work to be done. 4 years ago‚ people of this great country elected Mr
Premium United States Barack Obama President of the United States
Closing Argument For The Emily Grierson Trial Ladies and gentlemen of the jury the evidence and testimonies that the prosecutors have presented through this trial is falsely accusing my client‚ Ms. Emily Grierson‚ for allegedly murdering Homer Barron. The prosecutors have been desperately trying to imprison someone who is innocent of these allegedly murder charges. There are many holes in the prosecutor’s false accusations against my client Ms. Grierson who in fact is innocent. The prosecutor’s
Premium Murder Jury Question