GLOBAL ECONOMIC CRISIS A CHALLENGE TO ACCOUNTING PROFESSION By SHEHU USMAN HASSAN Department of Accounting Ahmadu Bello University‚ Zaria. 08067766435‚ 08057777085 Shehu.hassanus.usman@gmail.com A paper presented at International Conference with the theme: Global Financial Crises and African Quest for Development‚ Faculty of Administration‚ Ahmadu Bello University‚ Zaria. Kongo Conference Hotel‚ Zaria. Kaduna State‚ Nigeria. JULY 20th - 22th ‚ 2010 Abstract Accounting practices
Premium Economics Subprime mortgage crisis Financial services
resource for people everywhere. However‚ our water supply is decreasing due to many factors. In exploring this dilemma module 5 raises questions such as Who will be entitled to water when supplies become scarce? In the text‚ Facing the Fresh Water Crisis‚ Rodgers claimed that the exponential water consumption will eventually degrade all ecosystems on Earth. In response to the question raised by module 5 Rodgers argued that current technologies can avert a water war between societies. He takes a preventive
Premium Water crisis Water management Water resources
Discuss the causes of the sub-prime crisis and the parties responsible for such a crisis. Sherman Oh E S Principles of banking & finance (PBF) Mr Marvin Ang 26th January 2013 According to www.investopedia.com‚ the world “subprime” defines to “A classification of borrowers with a tarnished or limited credit history” and that is what led to the titanic crisis of 2008-2009. This essay will explore the events‚ which eventually led to many mortgage delinquencies and foreclosure of these sub prime
Premium Subprime mortgage crisis Mortgage Credit rating
Theme: Crisis and Opportunity Topic: Water Crisis- a catalyst of Innovation and International Cooperation 1) Introduction Nowadays‚ we have created our own world of technology. Convenience and efficiency are catered through it. Yet‚ the earth‚ the natural world‚ seems to rebel against such artificial world‚ by sending signals of natural crises to us. In this project‚ we are going to talk about "How people benefit from Water Crisis" surrounding the theme "Crisis and Opportunity". The water
Premium Water supply Drinking water Water
What is the role of hr in global crisis to retain the talented employees ? http://www.edalys.fr/documents/Stakeholders%20theory.pdf http://lexicon.ft.com/Term?term=stakeholder-theory Article - 1 Employees are not the most important asset of the company but the “right” employees are. Human Resource Management (HRM) plays a strategic role in the survival of an organization. In this time of global financial crisis‚ Human Resource (HR) managers must not only innovate but must also act as change agents
Premium Human resource management Human resources Recession
The Suez crisis was a conflict that could have easily turned into a third World War. With a battle between the Israelis and Egyptians at Sinai‚ the British and French invasion of Egypt‚ and nuclear threats from the Soviet Union‚ all of the elements were present to escalate the conflict and pull other countries into the fray. Canada had no direct ties to the Suez crisis‚ in terms of control or economic interest. However‚ Canadian Secretary of State for Foreign Affairs‚ Lester B. Pearson‚ persuaded
Premium Egypt Israel United Nations
jeopardized careers and mortgaged these institutions’ futures”(Wallace‚ 2008). The nation is currently attempting to deal with the biggest financial crisis since the Great Depression. It is now imperative that a way be found which will re-regulate finance without undermining finance’s needed innovative capacity. The origin of the financial crisis can be dated back to 2006. During that period in time‚ companies began buying trillions of dollars of complex financial products called ‘structured credit
Premium Bank Financial services Subprime mortgage crisis
Noticeably‚ the recent Global Financial Crisis of 2008 was one of the worse financial crises the world has seen since the Great Depression during the 1930s. The recent crisis has led to stock market collapses around the world‚ large financial institutions have collapsed or have been bought out whilst unemployment has increased‚ people fell into deep credit problems which left many households encountering financial difficulties. Whilst the impacts of the crisis remains severe and still has a major impact
Premium Capitalism Financial crisis Economics
social science is evolving with the development of society and its progress and advancement‚ and as the community reacts to events and changes in various spheres of economic‚ political‚ environmental‚ re ligious‚ and with the global economic crisis‚ which still affect most sectors of the economy‚ all of these reasons with other of reasons‚ imposed on this social science that is evolving in terms of quality‚ style and methods applied in order to reach the results of accounting more acceptable
Premium Financial crisis Accountant Economics
The Impacts of Global Financial Crisis Financial systems can contribute to economic development by providing people with useful tools for risk management‚ such as credit for productive investments‚ instruments for saving and insurance‚ and payments services. At the same time‚ when financial institutions fail to manage the risks they retain‚ they can create severe financial crises with devastating social and economic effects‚ especially for the world’s most vulnerable people. Crises can hit hard
Premium Financial crisis Economics Poverty