NGO is a legally constituted organization created by natural or legal persons that operates independently from any government. The term originated from the United Nations (UN)‚ and is normally used to refer to organizations that do not form part of the government and are not conventional for-profit business. In the cases in which NGOs are funded totally or partially by governments‚ the NGO maintains its nongovernmental status by excluding government representatives from membership in the organization
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FINANCIAL SYSTEM A financial system plays a vital role in the economic growth of a country. It intermediates between the flow of funds belonging to those who save a part of their income and those who invest in productive assets. It mobilises and usefully allocates scarce resources of a country. Meaning A Financial system is a complex‚ well-integrated set of subsystems of financial institutions‚ markets‚ instruments and services which facilitates the transfer and allocation of
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FINANCIAL MANAGEMENT UNIT - 1 ___________________________________________________________________________ Meaning of Financial Management Financial Management means planning‚ organizing‚ directing and controlling the financial activities such as procurement and utilization of funds of the enterprise. It means applying general management principles to financial resources of the enterprise. Definition : “Financial Management is the operational activity of a business that is responsible for obtaining
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Part A There are three main areas of decision making for the corporate financial manager: Investment: The choice of projects or assets in which to invest company funds. Competing alternatives have to be assessed using a number of techniques. This type of decision will also be of concern to the private individual when making choices about which shares to buy. Finance: How these investments should be financed. It is necessary to evaluate the possible sources‚ external and internal‚ and the effect
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Overview of Financial system of Bangladesh The financial system of Bangladesh is comprised of three broad fragmented sectors: 1. Formal Sector‚ 2. Semi-Formal Sector‚ 3. Informal Sector. The sectors have been categorized in accordance with their degree of regulation. The formal sector includes all regulated institutions like Banks‚ Non-Bank Financial Institutions (FIs)‚ Insurance Companies‚ Capital Market Intermediaries like Brokerage Houses‚ Merchant Banks etc.; Micro Finance Institutions
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MODULE II Capital structure-theories of capital structure – MM model‚ incentive issues and agency cost; financial signaling; Capitalization-under capitalization –over capitalization-capital gearing Leverage – operating leverage-financial leverage Cost –volume- profit analysis PREPARED BY MRS. REKHA VENUGOPAL Capital structure In order to run and manage a company funds are needed. Right from the promotional stage
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Abstract: Without a sound financial system it is quite difficult and expensive to allocate resource and shift risks to its lowest level (low economic development). Financial system plays an important role in the economic development and it is divided into financial markets and institutions. The role of the financial system is to gather or pool money from people and businesses that have more than they need currently and transmit those funds to those who can use them for either consumption or investment
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marks deduction. QUESTIONS: 1. The person generally directly responsible for overseeing the tax management‚ cost accounting‚ financial accounting‚ and data processing functions is the: a. treasurer. b. director. c. controller. d. chairman of the board. e. chief executive officer. 2. The person generally directly responsible for overseeing the cash and credit functions‚ financial planning‚ and capital expenditures is the: a. treasurer. b. director. c. controller. d. chairman
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Summary NGOs in Bangladesh have been recognized as effective change agents in the socio-economic arena throughout the world. Their contributions in micro credit‚ non-formal education and primary health care are widely known. NGOs play a significant role in society. As a result accountability and importance of NGOs has become a critical issue. But‚ regardless of motivation the theoretical issues related to the accountability of NGOs remain largely neglected in Bangladesh. At best‚ NGOs in Bangladesh
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“Progress Report #1 – 40 hours” Submitted by Romalyn Lintag BA482 Business/Research Internship “Hyatt Regency Guam” Spring 2015 I. Name and title of supervisor I am interning under the Sales & Marketing department at the Hyatt Regency Guam. I am under the primary supervision of Mrs. Medel Cosico who is the Director of Sales and Marketing. Besides Mrs. Cosico‚ I am also being guided by Miss. Susan Navarro who is the secretary of the department‚ alongside Miss. Shasta Cejoco who
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