To: OXUS | | Human Resource unite Subject: Application for the post of Accountant | VA NO: HQ- A – 09260 Dear Sir/Madam With due submission and admiration it is stated that the new opening of position titled as ( Accountant )in your esteemed Organization has encouraged me to make use of the opportunity‚ as I find myself best suited against
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Financial Statement Analysis Methods: Horizontal vs. Vertical Analysis Introduction Financial statement information is used by both external and internal users‚ including investors‚ creditors‚ managers‚ and executives. These users must analyze the information in order to make business decisions‚ so understanding financial statements is of great importance. Several methods of performing financial statement analysis exist. This article discusses two of these methods: horizontal analysis and vertical analysis
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How are the income statement and statement of cash flows used to make business decisions? The income statement reflects the company’s financial performance by showing how much money was generated (revenue)‚ how much was spent (expenses)‚ and the difference (profit) between the two over a period of time. It is divided into the operating and non-operating sections. It can also tell how much money shareholders would receive if the company were to distribute all of its net earnings. The cash flow
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degree programme not only equipped me with fundamentals of business management‚ marketing and finance‚ but also fuelled my passion to acquire further knowledge‚ experience and skills in an international environment. Hence‚ I decided to apply for an MBA at The Manchester Metropolitan University. My relevant degree (BBA Hon.)‚ feedback from teachers‚ mentors‚ employers and clients‚ and personal motivation and dedication give me the confidence that I will succeed in master programme and undoubtedly
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Financial Analysis XACC280 June 28‚ 2012 Accounting is the way all companies keep track of their out-going and in-coming finances. Applying accounting principles in any business is incredibly important because it allows for the least amount of mistakes and gives a comprehensive view of all transactions. There are many tools used in accounting‚ each with it’s own unique function. Statements are used to show a specific time period’s overview of assets‚ liabilities‚ and all transactions
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Having a personal cash flow statement helps me to organize me finances by allowing me to see where exactly my money is going. I can see the area in which I really do not have to spend as much. For instance‚ housing expenses and transportation would be the priority for me. As much as I love to go out to the movies‚ I would have to cut down on my entertainment expenses. The most interesting thing I learned about completing this worksheet was discovering that most of the time I am spending more
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They key revealing element of the analysis (Appendix B)‚ is that horizontal and vertical analysis have to be done together to avoid misinterpretation of information. The horizontal analysis has shown an average 26.53 percent annual growth in total equity. However‚ when paired with relative vertical analysis‚ a year to year average growth is in decline of -2.36 percent. The “cash” position has increased by 164.2 percent from a base year; the comparative vertical indicator shows a decline from 11.33
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Ratio‚ Vertical‚ and Horizontal Analyses XACC/280 May 8‚ 2012 Analyzing financial statements can help a company find out important financial information about itself and other competitors in the industry. There are three important tools that evaluate a company’s liquidity‚ profitability‚ and solvency. This information is relative to banks‚ creditors‚ and for internal gain. There are three commonly used tools to help investigate and generate the results using
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performance. By the end of 2014‚ total value of investments was VND 77 trillion‚ increased by 10.5% compared to that of 201 3‚ accounted for 26.8% of total assets. Of which‚ inter-bank investment portfolio accounted for 43%‚ investment in valuable papers and investment in joint ventures shares were 55% and 2% respectively. Investment portfolio was flexibly structured to enhance profitability while ensuring liquidity reserves and strengthening VietinBank’s leading role and position in the financial
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Life is all about planning and managing. Behind every creation in this universe there is a structure‚ a strategy and a plan. The way the planets revolve‚ starts emit light‚ the galaxies place themselves. In my view God (or some people call it nature) is the biggest manager in the world; giving structure to all the creatures (both living and non-living) are live and making sure everything is in place. Same thing has been followed by every living being; human being the smartest one of them strategized
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