"Us Securities And Exchange Commission" Essays and Research Papers

Us Securities And Exchange Commission

April 2001 The Securities and Exchange Commission In 1934 the Securities Exchange Act created the SEC (Securities and Exchange Commission) in response to the stock market crash of 1929 and the Great Depression of the 1930s. It was created to protect U.S. investors against malpractice in securities and financial markets. The purpose of the SEC was and still is to carry out the mandates of the Securities Act of 1933: To protect investors and maintain the integrity of the securities market by amending...

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The U.S. Securities and Exchange Commission

The U.S. Securities and Exchange Commission In economic society, most people like to invest their fortunes in the capital market and security market. As more and more investors join in the investing market which is very complex and fascinating, and it can be successful. Unlike the deposits are hypothecated by the federal government, stocks, bonds and other securities can lose value in capital market because their no surety. So the security and exchange commission play an important role in the capital...

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IRAC Brief: Stryker Corporation and the Securities and Exchange Commission

Stryker Corporation and the Securities and Exchange Commission Legal risks associated with domestic and international business are a challenge for today’s business managers. A company must possess strong internal controls to prevent deceptive bookkeeping and corrupt business practices as part of their overseas operations. Stryker Corporation experienced this firsthand as part of their international business practices, recently challenged by the Securities and Exchange Commission (SEC). In the following...

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Securities Exchange Commission

Part-A Securities Exchange Commission Securities Exchange Commission (SEC) is the regulator of the capital market of Bangladesh. SEC was established on 8 June, 1993 under the Securities and Exchange Commission Act, 1993. The Chairman and the members of the commission are appointed by the government. The commission is a statutory body and attached to the Ministry of Finance. 1. Mission of SEC: i. Protect the interests of securities investors. ii. Develop and maintain fair...

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Securities Exchange Act 1934

The Securities Exchange Act of 1934 JFM GM520 - Legal Political & Ethical Dimensions of Business April, 12 2010 The Securities Exchange Act of 1934 was passed by congress to strengthen the government’s control of the financial markets. It was preceded by the Securities Exchange Act of 1933 which was enacted during the Great Depression in hopes that the stock market crash of 1929 would not be repeated. The basic difference between the two acts was that the 1933 Act was to govern the...

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Securities and Exchange Commission of Bangladesh

ABOUT SEC   The Securities and Exchange Commission (SEC) was established on 8th June, 1993 under the Securities and Exchange Commission Act, 1993. The Chairman and Members of the Commission are appointed by the government and have overall responsibility to administer securities legislation.  The Commission is a statutory body and attached to the Ministry of Finance.  Members perform the following functions:  Serve as the members of the Commission and supervise its management.     Provide policy...

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Securities and Exchange Commission – Sec (Bangladesh)

Securities And Exchange Commission – SEC (Bangladesh) The definition of SEC can be said simply as an independent national agency that oversees the exchange of securities to protect investors. In addition to regulation and protection, it also monitors the corporate takeovers in the country. SEC is designed to promote full public disclosure and to protect the investing public against fraudulent and manipulative practices in the securities markets. The capital market of Bangladesh is regulated by...

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Securities Commission Scholarship

eventhough it was only for a week, I sure had a lot of new experiences and countless of challenges. Moreover, I need to keep up with my studies since SPM Trial Examination was just around the corner.  From this situation, I learnt that in order for us to excel in multi-tasking situation, time management is the indispensable first step that you have to make. Proper planning and a lot of patience sure did the tricks. Besides that, as a leader, you need to have a strong bond between your group members...

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History of Security in the Us

Historical Development of Private Security in the United States Pamela Adamoyurka University of Maryland University College Without a doubt the profession of private security has evolved over time. Today if you were to ask group of Americans at what point in history did the need for private security became significant, you’re likely to receive one of the two answers. Half would say toward the ending of World War II, because many of the man returning from the war had prior military police...

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U.s. Securities and Exchange Commission and Walt Disney Company

public companies from senior managers, it is vital that organizations establish policies and processes to ensure that it is complying with the rules and regulations put in place by the Securities and Exchange Commission. Walt Disney Company is able to meet its reporting requirements for the Security and Exchange Commission by using the following resources. The availability of technology, internal disclosure controls, internal controls over financial reporting, and independent accounting auditors who...

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Securities Market

The terms “securities market” in Viet Nam is quite strange to the public while in many countries in the world, it have been developing dynamically. The securities market has its own attraction because of its important role to a national economy and interest for investors. Investing and growing securities market is one of the best ways to enrich our economy and create many opportunities for us. It can be only flourished if there are lots of investors with enough knowledge about securities. This report...

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Stock Exchange in China

Introduction The stock exchange market in China has developed rapidly since the early 1990s. In 2007, the Chinese stock market overtook the Japanese market in terms of capitalization and topped the world in initial public offerings, underlining the dramatic surge in the country’s financial sector. Nonetheless, within one year the Chinese stock market plunged to less than a third of the value it held at its peak. This marks the most rapid decline of any major market in the world, even against the...

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Us Gaap vs. Prc Gaap

US GAAP vs. PRC GAAP 1. Overview of US GAAP Components of US GAAP - Financial Accounting Standards Board / Financial Accounting Standards - Accounting Research Bulletin - Accounting Principles Board - Emerging Issues Task Force - Statements of Position from AICPA (American Institute of Certified Public Accountants) - SEC (Securities and Exchange Commission) rules Hierarchy of pronouncements under US GAAP - FASB, APB & ARB - FASB Technical Bulletin, AICPA Statements...

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Acc 403 Generally Accepted Accounting Principles (Us Gaap)

Principles (US GAAP) The common set of accounting principles, standards and procedures that companies use to compile their financial statements are called Generally Accepted Accounting Principles. GAAP are a combination of authoritative standards (set by policy boards) and simply the commonly accepted ways of recording and reporting accounting information. “Published accounts have to follow the GAAP for the particular country. Some global companies that are listed on different stock exchanges have to...

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Stock Exchange

What is Stock Exchange? A stock exchange is the market place for the purchase and sale of second hand securities. It provides "trading" facilities for stock brokers and traders, to trade shares of the listed companies and other financial instruments such as Term Finance Certificates and Derivatives. Stock exchanges also provide facilities for the issue (listing), redemption (delisting) of securities and other capital events including the payment of income and dividends. It is a key institution for...

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Foriegn Exchange Market

What are the Functions of the Foreign Exchange Market? Definition The foreign exchange market, also known as the forex, FX, or currency market, involves the trading of one currency for another. Prior to 1996 the market was confined to large corporate banks and international corporations. However it has since opened up to include all traders and speculators. Today, the average daily turnover in forex markets is US$1.9 trillion, according to the Bank of International Settlement’s Triennial Survey...

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U.s. Securities and Exchange Commission and Dandy Container Corporation

law—1933 Act) The Dandy Container Corporation engaged the accounting firm of Adams and Adams to audit financial statements to be used in connection with a public offering of securities. The audit was completed, and an unqualified opinion was expressed on the financial statements that were submitted to the Securities and Exchange Commission along with the registration statement. Two hundred thousand shares of Dandy Container common stock were offered to the public at $11 a share. Eight months later, the stock...

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History of Private Security in the Us

History of Security in the United States CCJS 345 3 February 2013 Abstract Security in America has evolved from the time of the first settlers to today’s well-trained forces. Factors leading to the significant growth of private security from pre-Civil War to post World War II consisted of a lack of public police and large monetary loss by private industry. Today, security is global and faces challenges and changes, with increases in terrorism and technology crimes. It must maintain...

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Stock Exchanges Funtion and Purpose

What are the purpose and functions of stock exchanges as financial intermediaries? Financial intermediaries are institutions such as building societies, banks, stock exchanges and insurance companies. They all act as an intermediary between people, institutions or countries that may have high incomes, profits or surpluses and those that have lower incomes, losses and deficits. Some major stock exchanges around the world are: the New York stock exchange (NYSE), NASDAQ, American (AMEX), London (LSE)...

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It Security

Computer security and Network Security is the means by which business and governments are protecting against computer intrusions and attack to prevent loss of data, information and provided services. Everything is now on computers, peoples whole lives are documented on computers. Big business and the government rely on technologies that use computers, whether it is used for storage, a medium between the customers and themselves or actual work. With all this information and data being stored, transferred...

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The Discussion on Chinese Government Exchange Rate Policy of the Yuan and Its Impacts to the Us Economy and the Hedging Solution

Chinese government exchange rate policy of the Yuan and its impacts to the US economy and the hedging solution What have been the exchange rate policies of the Yuan (CNY) or Reminbin (RMB) of the Chinese Government? Let’s start with the reviewing of the exchange rates separately throughout the history. There are not a lot of readers may know that the exchange rate of USD/CNY were approximately close to one time at the beginning of 1980s. In 1983, two years before I were born, one US Dollar (USD) was...

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Security Commision Malaysia

INTRODUCTION SECURITIES COMMISSION Securities Commission is a general term used for a government department or agency responsible for financial regulation of securities products within a particular country. Its powers and responsibilities vary greatly from country to country, but generally cover the setting of rules as well as enforcing them for financial intermediaries and stock exchanges. The Securities Commission Malaysia (SC), is responsible for the regulation and development of capital markets...

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Hitech Act – Privacy and Security

HITECH Act – Privacy and Security What is the HITECH Act? Protecting the privacy of patient information is one of the top priorities of all healthcare providers and is specifically required by various state and federal laws. On February 17, 2009 the American Recovery and Reinvestment Act of 2009 (ARRA, sometimes referred to as “the stimulus”) included provisions making significant improvement in the privacy and security standards for health information was signed into law by the federal...

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Stock Exchange

stock (shares) and derivatives at an agreed price; these are securities listed on a stock exchange as well as those only traded privately. The size of the world stock market was estimated at about $36.6 trillion at the start of October 2008.The total world derivatives market has been estimated at about $791 trillion face or nominal value,[2] 11 times the size of the entire world economy. The stocks are listed and traded on stock exchanges which are entities of a corporation or mutual organization...

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Questions and Answers on India's Stock Exchanges and Securities Dealing

Listing means admission of the securities to dealings on a recognized stock exchange. The securities may be of any public limited company, Central or state government, quasi government or other financial institution/corporation, municipalities, etc.   |  2. | What are the requirements for a PSU to get listed on BSE? A company will have to meet the conditions prescribed under SEBI ICDR Regulations 2009 as well as minimum listing requirements prescribed by the exchange for seeking listing of its equity...

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The Truth and Reconciliation Commission

The Truth and Reconciliation Commission (TRC) was the best and most effectiveness and best path of achieving truth and reconciliation in the South African context. Do you agree? Discuss I agree that the Truth and Reconciliation Commission (TRC) was the effectiveness and best path of achieving truth and reconciliation in the South African context. The TRC was established under the Government of National Unity (GNU) and was finalised by an act of a parliament...

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Exchange

Exchange is change. Rapid, brutal, beautiful, hurtful, colorful, amazing, unexpected, overwhelming and most of all constant change. Change in lifestyle, country, language, friends, parents, houses, school, simply everything. Exchange is learning to trust. Trust people, who, at first, are only names on a piece of paper, trust that they want the best for you, that they care. Trust, that you have the strength to endure a year on your own, endure a year of being apart from everything that mattered to...

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Exchange Rate Movements

FIN340 304 Tutorial week 3 Questions 1. How can a central bank use direct intervention to change the value of a currency? Explain why a central bank may desire to smooth exchange rate movements of its currency.. 2. Should the governments of Asian countries allow their currencies to float freely? What would be the advantages of letting their currencies float freely? What would be the disadvantages? 3. What is the impact of a weak home currency on the home economy, other things...

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Us-China Exchange Rate

objective of the report is to analyze the trade relationship between US and China as the issue regarding US blaming China’s undervalued currency arise due to US which incur trade deficit. In addition, the report would like to examine the factors that lead into the US-China trading problems. Therefore, first section in the report discusses the background of US-China trading. The next section explains the dynamics of exchange rate mechanism works and how it set upon. Then, fourth section elaborates...

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Homeland Security

 AMERICAN MILITARY UNIVERSITY HOMELAND SECUIRTY Brittany Staley HLSS302: Paper #2 May 11, 2014 In the years since 9/11, homeland security has turn out to be frequently and generally identified as both a word and as a Federal department. However, a large amount has been learned since 9/11 concerning the array of further challenges we face. Hurricane Katrina strongly illustrates the general impact of weak preparedness and...

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Riordan Manufacturing Enterprise Security Analysis

Manfacturing Enterprise Security Analysis CMGT/430 Version 3 October 31, 2011 Dave Perkins Riordan Manufacturing Enterprise Security Analysis Riordan Manufacturing has offices in 4 locations. The corporate office is located in San Jose California. The review of all locations revealed that each location utilized Windows based products for processing of email. Below are the findings of server equipment at the various locations. 1) San Jose, CA a. Windows Exchange Server 2) Pontiac...

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Bombay Stock Exchange

Bombay Stock Exchange |Bombay Stock Exchange | |[pic] | |[pic] | |Type |Stock Exchange | |Location |Mumbai, India | |Coordinates |[pic]18.929681°N 72.833589°E...

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Instruments Used for Hedging Exchange Rate Risks in the Forex Market, Based on the Practices of Hsbc Brazil

for hedging exchange rate risks in the forex market, based on the practices of HSBC Brazil Final Paper International Financial Management Since Multinational Corporation’s performance is affected by exchange rate fluctuations the assessment of their vulnerability relating to unexpected developments in the foreign exchange market is one of the biggest challenges for risk management. Due to the prevailing volatility of financial markets, finding mechanisms to hedge companies against exchange rate...

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Elaborate and Explain the Organizational Structure, Powers & Function of the Securities Commission with a Brief Comparison and/or Reference to the Kuala Lumpur Stock Exchange and Kuala Lumpur Commodities Exchange.

regulation of securities and futures in Malaysia are the Securities Industry Act 1983, the Securities Commission Act 1993 and the Futures Industry Act 1993. The term ‘securities laws’ is defined in the Securities Commission Act as meaning these Acts as well as the Securities Industry (Central Depositories) Act 1991: section 2. References to these laws also include references to any regulations, rules, orders, notifications and other subsidiary legislation made under them: section 2A, Securities Commission...

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Foreign Exchange Market

The foreign exchange market is agreeingly the world’s largest market place with the average daily turnover of US $4 Trillion. With the market operating 24 hours a day, 5 days a week the foreign exchange market does not operate or advance on a regulated exchange, therefore is known as an OTC otherwise known as “over the counter” transaction. Most people at some point either when they are making a purchase overseas or traveling, they are in some way taking part in the Foreign exchange market, however...

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Stock Exchange

[pic] Functions of Stock Exchange - Main Functions In The Market Post : Gaurav Akrani Date : 11/01/2010 12:00:00 PM IST Comments (2) Labels : Economics 1 [pic] 1. Continuous and ready market for securities Stock exchange provides a ready and continuous market for purchase and sale of securities. It provides ready outlet for buying and selling of securities. Stock exchange also acts as an outlet/counter for the sale of listed securities. [pic] 2 [pic] 2. Facilitates...

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Interview: Stock Market and National Stock Exchange

Interview questions for capital market & NSE What is capital Market? Capital market is a market of securities. Where a company and government raise long term funds. it is a market where money invested more them one year. In this we include the stock market and bond market Definition of 'Debt' An amount of money borrowed by one party from another. Many corporations/individuals use debt as a method for making large purchases that they could not afford under normal circumstances. A debt...

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Security

Communication in Security Settings Paper January 28, 2013 SEC/360 Robert J. Deuel Instructor: Scott Mann In the security world today many organizations have developed a more concise communication tools that will enable a security personal department, to teach, and help there officers observe the various behaviors that individuals display. For instance a security officer notices an individual is seen walking around a facility or retail establishment...

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Foreign Exchange Market

The Foreign Exchange Market What is the Foreign Exchange Market? The Foreign Exchange Market is the financial market in which currencies are bought and sold that is a transaction is entered into where a given amount of currency is exchanged for another amount of currency. The need for the Foreign Exchange Market (commonly referred to as the Forex Market) developed to facilitate International trade where currencies were required to be settled from the country of both the importer and the exporter...

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Accounting Standards: United States Securities and Exchange Commission

Contents| | UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period Ended October 27, 2012 OR o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file no. 333-133184-12 Neiman Marcus, Inc. (Exact...

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The National Commission for Women: Overview

Home > About Us | |   | About usThe National Commission for Women was set up as statutory body in January 1992 under the National Commission for Women Act, 1990 ( Act No. 20 of 1990 of Govt.of India ) to : * review the Constitutional and Legal safeguards for women ; * recommend remedial legislative measures ; * facilitate redressal of grievances and * advise the Government on all policy matters affecting women.In keeping with its mandate, the Commission initiated various steps to...

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Health Information Exchange

Introduction: This paper will go into the history, need, challenges and where we are now with Health Information Exchange. What is a HIE? A health information exchange (HIE) is a safe computer network that links the electronic health information systems of different health care providers, permitting those providers to share clinical and demographic data of patients they have in common. HIE provides the ability to electronically move health care information between various systems while maintaining...

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Security

Outline: 1. Security, definition and nature, comprehensive security 2. Introduction to strategic studies, definition, nature and scope of strategic studies 3. Development of modern strategies and its various dimensions 4. The phenomena of war 5. Military alliances in IR 6. Deterrence, conceptual analysis 7. Nuclear deterrence (Nuclear Doctrine) 8. Problems of Disarmament and arms control 9. Nuclear proliferation and nuclear strategies (Nuclear Doctrine) 10. Defense and policy of Pakistan...

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Health Information Exchange

Hoskins August 14, 2012 Course Project Health Information Exchange Table of Contents Introduction History of HIE • What is HIE? • What is Illinois HIE program? The Challenge • Why do we need HIE? Benefits of HIE • How does HIE work? • Who set the standards for national health information program? • What are the benefits to the patients, providers, insurance carriers, etc? Privacy and Security • How is patient data secured when exchanged through HIE? ...

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European Commission

member of the Directorate-General of the European Commission I have been appointed to describe to you the composition and the powers of the Commission in the European Union. In the following paragraph I will describe the body of the Commission divided in three pillars: First you have the College of the Commissioners, then the Directorate-General (DGs) and lastly the cabinets. In the Third paragraph I will briefly describe the powers of the Commission and in the last paragraph I will conclude with an...

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Security

comparing private security to public law enforcement there are both many similarities and differences. Private security is paid by a private company or agency, whereas public policing is paid by government salaries and taxpayers. Public police officers have the authority to enforce laws and protect and serve society. Private security officers are paid to protect private property and personnel. Most of the duties that public policing and private security officers perform are. “Private security and public...

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Bombay Stock Exchange

Bombay Stock Exchange The Bombay Stock Exchange (BSE) (Marathi: Bombay Śhare Bāzaār) (formerly, The Stock Exchange, Bombay) is a stock exchange located in Dalal Street, Mumbai and is the oldest stock exchange in Asia. The Bombay Stock Exchange has the largest number of listed companies in the world, with 4990 listed as of August 2010. As of December 2010, the equity market capitalization of the companies listed on the BSE was US$1.63 trillion, making it the 4th largest stock exchange in Asia and...

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Email Security

It is a paradox that in spite of the advances in technology that we are witnessing today one's privacy and security of data in the internet is often compromised to a very large extent. Often, personal information of individuals is stolen or financial data of companies are whisked away by elements who could put this information to the wrong use. It is in this scenario that privacy of data has become an important issue for computer users all over the world. Privacy of data becomes more important when...

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9/11 Commission Report

9/11 Commission Report book review The actual name of this book is the Final Report of the National Commission on The Terrorist Attacks upon the United States. This book is the official report of the findings of the attacks on the World Trade Center on September 11th 2001. The President and Congress suggested that the 9/11 Commission get this information and release it to the public so that all of us actually know what happened. In November of 2002 the book was started and it was not finished...

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Network Security

CSFI All Rights Reserved 2011. The Cyber Security Forum Initiative (CSFI) http://www.csfi.us/ and NATO Cooperative Cyber Defence Centre of Excellence (CCDCOE) http://www.ccdcoe.org/ will be presenting a unique workshop on the online recruitment of volunteers for enhancing the instruments of cyber power of nations and organizations. This is a great opportunity to learn more about methodologies, lessons learned, deliverables, coordination and volunteerism in cyberspace. The workshop will take...

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Listing Securities

Listing of Securities Chapter Objectives  To understand the concept of listing of securities  To know the criteria for listing shares  To learn the listing procedure  To understand the concept of delisting Concept of Listing of Securities It means the admission of shares of a public limited company on the stock exchange for the purpose of trading. A company intending to have its shares listed on the stock exchange has to write an application to one or more recognised stock...

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Similarity between New York Stock Exchange (NYSE) and NASDAQ

Similarity between New York Stock Exchange (NYSE) and NASDAQ New York Stock Exchange (NYSE) and NASDAQ are similar in a number of ways. For instance, both of the two exchanges take part in equity exchange. Additionally, they also try to connect consumers with traders or supply with demand. In United States, a number of equity trades take place on the two exchanges. The duties of people managing the trades are considered to be the same in certain conditions. Both of the exchanges make use of electronic screens...

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Health information exchange

Devry University Health Information Exchange 4/8/2013 Table of Contents Cover Page: Page 1 Table of contents: Page 2 Introduction of HIE: Page3 Outline US History of HIE: Page 4-5 Benefits of HIE: Page 5-6 Privacy and Security: Page 6-7 Challenges: Page 7-8 Conclusion: Page 8 Works Cited: Page 9 In 1990 Hartford Foundation funds, “Community Health Management Information Systems.” They gave grants to seven states and cities to develop those early prototype HIE’s. HIE focuses...

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The Effects on China’s Economy Due to Fluctuation of Exchange Rate.

Topic: The effects on China’s economy due to fluctuation of exchange rate. 1. Introduction China's economy is huge and expanding rapidly. In the last 30 years, the rate of Chinese economic growth has been almost miraculous, averaging 8 percent growth in Gross Domestic Product (GDP) per annum. The economy has grown more than 10 times during that period, with Chinese GDP reaching 3.42 trillion US dollars in 2007. China already has the biggest economy after the United States and most analysts...

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Madoff Securities

 Assignment 1: Madoff Securities Abstract In the case of Bernie Madoff this is perfect example of how unethical behavior can turn into corruption. Madoff, a former investment and stock broker, was formally introduced to the world as the 'sole' operator in the largest Ponzi scheme on record. Madoff turned his financial management company into a colossal Ponzi scheme that swindled billions, from thousands of his investors. In this paper we determine the regulatory...

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Hong Kong Linked Exchange Rate

linked exchange rate system or pegged Hong Kong dollars with China Yuen (RMB) rather than the U.S dollars. The main reason is for this is it will help the future development of Hong Kong economy. Exchange rate is how much a currency worth in terms of other currency. If currency is free floating, which allows the exchange rate vary against other currencies determined by the market forces of supply and demand. Some countries may use fixed/pegged exchange rate system to stabilize the exchange rate....

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Earnings Management, in Exchange Listed Companies, Is Not Fraud but a Case of Caveat Emptor for Investors

INTERNATIONAL UNIVERSITY COLLEGE Sofia “Earnings management, in exchange listed companies, is not fraud but a case of caveat emptor for investors” Coursework in BUSINESS FINANCIAL CRIME Student registration No: 479866 Program: International Finance and Trade, Level 2 Lecturer: A. Paparizov “Earnings management, in exchange listed companies, is not fraud but a case of caveat emptor for investors” With the development of the stock markets and the huge grow in the volume...

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Mobile Phone Security

Fact Sheet Mobile Phone Security This fact sheet has been developed for the Consumer Education Program by the Communications Commission of Kenya. It was compiled by studying material from various authoritative sources and adopting what is universally acceptable and relevant to the Kenyan situation. The fact sheet is intended to enable Consumers have a good understanding of the issues discussed and hence empower them when making decisions regarding ICT products and services. Introduction One of...

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Ifrs, Us and Prc Gaap

principles ("GAAP") of the People’s Republic of China ("PRC") come from a number of sources, majority of which represent the laws and regulations issued by the Ministry of Finance ("MOF"), and, listed company disclosures issued by the China Securities Regulatory Commission ("CSRC"). |     | 2. What is IFRS? | International Financial Reporting Standards ("IFRS"), often known the original International Accounting Standards ("IAS"), are a set of accounting standards. They are issued by the International...

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Effective Tax Rate- a Comparison of Ifrs and Us-Gaap

Academic Research Expose Effective Tax Rate[1]– A Comparison between IFRS[2] and US-GAAP[3] Identification of the Subject The topic I have chosen refers to the relative effective taxes on profits from concerns. To calculate the effective tax rate, divide the total tax liability divided in current and deferred taxes by the total taxable plus non-taxable income and multiply it with 100 to get a percentage[4]. MotivationThe main focus of my studies is on accounting, finance and taxation. Nowadays...

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