The analysis of financial position and performance of Nick Scali Limited and Fantastic Holdings Limited during fiscal year 2010 and 2009 are summarized as the following: Horizontal Analysis The horizontal analysis comparative income statements show a percentage change from doing operation of two companies are Nick Scali and Fantastic Holdings Limited. Gross profits of two companies are increased from year 2009 to 2010 by 34.28% and 5.90% respectively. It can be said that both company had increased
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Financial Market and Financial Instruments Market is simply defined as an area for potential exchanges. Thus market is a group of buyers and sellers interested in negotiating the terms of purchase or sales of goods and services. Similarly‚ financial market is that market is traded- loaned or borrowed-in-terms of different financial assets or instruments stocks and bonds are traded. "Securities" means shares‚ stock‚ bond‚ debenture‚ debenture stock issued by a corporate body or a certificate to unit
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Certificate of Secondary Education (Thanawia Amma) from Yehia Al Rafaei Language School‚ 1995. Experience (Current Occupation: Financial Controller Responsibilities: 1. Monthly Closing & Management reporting • Full responsibility for the Monthly closing (production reports ‚ Inventory and financial results) • Full responsibility for the monthly management reporting • Full responsibility for the monthly reporting package (both
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ASSESSING THE EFFECTIVENESS OF MODERN INTERNAL CONTROLS ON ORGANISATIONAL PERFORMANCE. A CASE STUDY OF ALERT GUARDS AND SECURITY SYSTEMS LTD BY NASWALI INNOCENT 09/U/02/AFD/GV A RESEARCH REPORT SUBMITTED TO THE SCHOOL OF MANAGEMENT & ENTREPRENEURSHIP IN PARTIAL FULFILLMENT OF THE REQUIREMENTS FOR THE AWARD OF A BACHELOR OF SCIENCE DEGREE IN ACCOUNTING AND FINANCE OF KYAMBOGO UNIVERSITY SEPTEMBER 2012 DECLARATION I NASWALI INNOCENT‚ declare that this research report is my original
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to next progress. We are looking forward for your permission to submit the same. Thanking you with regards. Sincerely yours‚ __________ Jewel Chakraborty Section – F. ID No # 072-11-1953 BBA 17th Batch D.I.U Financial Institutions perform the essential function of channeling funds from those with surplus funds to those with shortage of funds. Commercial Banks have a great contribution to the following arena- • Contribution to the foreign exchange
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FINANCIAL RATIOS Financial ratios are indicators of a company’s performance as discernable from the company’s Balance Sheet and income Statement. We will discuss some of the simple ratios of a company and talk about their significance. Liquidity Ratios: Show the company’s ability to pay of its current liabilities from its current assets. 1. Current Ratio Current assets should be significantly higher than current liabilities so that the current ratio is higher than 2:1. 2. Quick Ratio
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1/24/2015 Finance‚ Accounting‚ and a Company’s Financial Viability Both finance and accounting are crucial to the success of any organization. Upon first glance they seem to have the same function within a company but that is absolutely not true. Accounting and finance are related but they have different meanings and different functions in any organization. Financial affairs is deeply imbedded within decision making‚ accounting is for the financial actions within a company‚ and the two together is
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Financial sector reforms have long been regarded as an important part of the agenda for policy reform in developing countries. Traditionally‚ this was because they were expected to increase the efficiency of resource mobilization and allocation in the real economy which in turn was expected to generate higher rates of growth. More recently‚ they are also seen to be critical for macroeconomic stability. Developing countries can expect increasing scrutiny on this front by international financial institutions
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three main characteristics of accounting? Is accounting static or dynamic? Accounting collects‚ analyzes‚ measures and records financial information about an organization and reports that information to stakeholders and decision makers. Accounting has 3 essential characteristics. Accounting is the (1) identification‚ measurement‚ and communication of financial information about economic entities to interested persons. Like social sciences‚ accounting is largely a product of its environment
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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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