Financial Accounting vs Management Accounting Management accounting is a field of accounting that analyzes and provides cost information to the internal management for the purposes of planning‚ controlling and decision making. Management accounting refers to accounting information developed for managers within an organization. CIMA (Chartered Institute of Management Accountants) defines Management accounting as “Management Accounting is the process of identification‚ measurement‚ accumulation
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1/20/2013 MACC 594: LECTURE NOTES‚ MODULE I: INTRODUCTION TO ANALYSIS AND REVIEW OF BASIC CONCEPTS PART I. A. REVIEW OF FINANCIAL STATEMENTS ANALYZING THE BALANCE SHEET • The balance sheet lists the firm’s assets‚ liabilities and equity accounts and their balances at the end of the period. • What does the balance sheet reveal about a firm? • Size of the company (total assets or net assets) • Major assets owned and proportion of current vs. noncurrent assets: - Is the mix of assets consistent
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FINANCIAL REPRESSION AND FINANCIAL REFORM IN UGANDA Martin Brownbridge Summary The banking system in Uganda is among the weakest in Sub-Saharan Africa. Its liabilities comprise less than 10 per cent of GDP‚ it is highly oligopolistic and inefficient in performing many basic banking functions‚ and the largest bank and several smaller banks are insolvent. The financial policies of the pre-reform period aimed to control banking markets‚ ostensibly for developmental and other non commercial
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Financial Planning A successful company has to have skilled workers in each level of the organization from top management to regular employees. A successful company must have good working relationship with suppliers and customers outside the organization as well. A successful company has to have enough funding to be able to execute the company’s plans and operations. Financial planning is a process that estimates the capital required and determining the company competition. It is important for
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Financial Crisis A financial crisis is “an economic recession or depression caused by a lack of necessary liquidity in financial institutions. A financial crisis may be caused by a natural disaster‚ negative economic news or some other events.”(InvestorWords.com‚ 2009) Financial crisis usually decrease business activity because people do not have enough financial resources. The reason why I chose this topic is because it is a daily theme in all of the European tabloids. We read every day’s
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Financial Leverage: Financial leverage is a leverage created with the help of debt component in the capital structure of a company. Higher the debt‚ higher would be the financial leverage because with higher debt comes the higher amount of interest that needs to be paid. Leverage can be both good and bad for a business depending on the situation. If a firm is able to generate a higher return on investment (ROI) than the interest rate it is paying‚ leverage will have its positive effect shareholder’s
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B.Sc (Hons) in Applied Accounting Oxford Brookes University Research and Analysis Report Topic # 8 An Analysis of Business and Financial Performance of Ryanair Plc Submitted by: Salamun M Adnan ACCA Student Registration# 1476976 Word Count: RAP: 6466 Date: 21/11/2011 TABLE OF CONTENTS 1. INTRODUCTION......................................................... 4 1.1 PROJECT TOPIC AND SELECTED ORGANIZATION..................... 4 1.2 REASONS FOR CHOOSING THE TOPIC
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Financial inclusion Financial inclusion is the availability of banking services at an affordable cost to disadvantaged and low-income groups. In India the basic concept of financial inclusion is having a saving or current account with any bank. In reality it includes loans‚ insurance services and much more. The first-ever Index of Financial Inclusion to find out the extent of reach of banking services among 100 countries‚ India has been ranked 50. Only 34% of Indian individuals have access to or
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Deception Detective How often do people lie? If someone asked you how many times a day you lie‚ what would you say? People most commonly say they lie two times a day‚ this is an understatement. In actuality people lie about seven to eight times a day. Men and women tell different kinds of lies. Men tell self oriented lies‚ which means they tell lies about themselves. Women tell un-oriented lies‚ which means they tell lies about other people‚ specifically lies about other women. Typically
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1. 1. EXECUTIVE SUMMARY 5 2. A. THE BUSINESS 5 3. B. THE STRATEGY 5 4. C. THE MARKET 6 5. D. THE MANAGEMENT 6 6. E. THE FINANCIALS 7 7. F. THE COMPANY MISSION 7 8. G. THE CRITERIA OF MVNO 8 9. H. EXCEPTIONS 8 10. 2. THE BUSINESS 9 11. A. REQUIREMENT ANALYSIS 9 12. B. DESCRIPTION OF SERVICES 9 13. C. TARGET MARKET 10 14. D. SERVICES OFFERED – PRIMARY REVENUE DRIVERS 11 15. E. POTENTIAL FUTURE SERVICES – ALTERNATIVE REVENUE SOURCES 12 16. F. DISTRIBUTION‚ PURCHASING AND REFILLS 17
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