Chapter 1 BE1-1 Briefly define accounting. What are the 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
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equity based financial assets What is equity? Equity is ownership interest in a corporation in the form of common stock or preferred stock. It is also total assets minus total liabilities; here also called shareholder’s equity or net worth or book value. In real estate: it is the difference between what a property is worth and what the owner owes against that property (i.e. the difference between the house value and the remaining mortgage or loan payments on a house). What is a financial instrument
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FACEBOOK HAS MORE ADVANTAGES THAN DISADVANTAGES BY: PRESENTED TO: UNIVERSITY: DUE DATE: Bessant (2001‚ p. 207) confirms that facebook is known widely by people all over the globe; those with accounts in face book are able to connect with people who are not near them at the shortest time possible. The introduction of the system has enabled communication between people who are familiar with each other and strangers. At the end of July 2011 many sites had integrated the comments made in facebook.
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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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UNIVERSITY OF PORTSMOUTH | Report for Primark’s IPO purposes | Financial Analysis Assignment | | Student ID: 635281‚ 636484‚ 640073 | 11/28/2011 | | ------------------------------------------------- Table of Contents I. Introduction 4 II. Primark’s business and financial situation 5 2.1. Primark’s business and financial analysis 5 2.1.1. Business analysis 5 2.1.2. Financial situation (trend analysis) 6 2.2. Industry sector 11 2.2.1. Overview 11 2.2
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1. What is a financial system and what are its constituents? One way of knowing the economic development of a nation is by examining the financial system of the country. The more matured the financial system‚ the more developed is the economy. Such is the importance of the financial system‚ as it acts as a bridge between the surplus owners of funds and the people who are in need of funds. A financial system facilitates the movement of funds from the areas of surplus to the areas of deficit. A
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FINANCIAL MANAGEMENT – AN OVERVIEW Unit structure: 1. Introduction 2. Learning objectives 3. Section title Meaning Definition Objective Advantages of wealth maximization Criticisms of wealth maximization Scope & Functions of Financial Management Role and function of the finance manager Financial Management and Economic Financial management and Accounting Evolution of financial management Functional areas of financial management Financial decisions Have you understood questions
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I. Introduction In this modern day‚ entertainment is available in just one click of a button. People have lots of options to keep themselves entertained. They can go camping‚ shopping‚ play sports‚ watch movies on 3d theaters and even play games online. Online gaming is very popular for young generation‚ but not exclusively. A lot of adults today play various games online‚ specifically on social networking sites that introduce these games. Online games are fun. And game makers are very creative
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Financial Analysis & Management Assignments 1. Discuss the extent to which the legal and professional regulatory framework of accounting ensures that corporate reports provide reliable‚ relevant‚ objective‚ and comparable information to users. 2. Critically evaluate the importance of discounted cash flow techniques in investment decisions. Illustrate your answer with your examples. 3. Discuss the relative importance profitability and liquidity for the survival of a business and explain how the
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for-profit corporation (online‚ 2016) Outsourcing is an deal in which a company provides services for another company that could also be or usually have been provided in-house. Outsourcing is a style that is becoming more common in information tools and other industries for services that have usually been regarded as inherent to managing a business. In some cases‚ the entire information management of a company is outsourced‚ including
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