Finance

Analyzing Financial Statements for Planning and Cost

Analyzing Financial Statements for Planning and Cost

 

Deliverable length: 750 – 1,000 words (not including title page and references)

You have recently hired a new assistant, Susan Thompson, who previously worked in a financial accounting office preparing journal entries, which provide you with a recording of the day-to-day activities of the company and financial statements (income statement, statement of owners’ equity balance sheet, and cash flow statement). Although your new assistant has experience with and fully understands financial accounting, she has no experience with managerial accounting.
Part 1
In a memo to your new assistant, Susan Thompson, complete the following:
* Explain to her the similarities and differences between financial and managerial accounting.
* Provide examples of managerial accounting reports that she could expect to see within EEC, and explain how management might use the information to make decisions.
o Keep in mind that although the income statement, the statement of owners’ equity balance sheet, and the cash flow statement are generated in financial accounting, they are used to develop all of your managerial accounting reports.
o Examples of a few of those reports are the horizontal analyzes, vertical analyzes, and ratios.
Part 2
In a memo to the board of directors, discuss the information found in each of the following financial statements, and describe how accounting information is used by managers for planning and control:
* Balance sheet
* Income statement
* Statement of cash flows
* Statement of stockholders’ equity

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When if banking regulation enough?

When if banking regulation enough?

Regulations have a major impact on how financial institutions are managed, how they deal with consumers, the types of products they offer, the structure of the industry, and the types of risks they take. The interplay between financial institutions and their regulators is so intertwined that one cannot define an institution or understand what it does without understanding the regulations that constrain its behavior.

The objective of this assignment is for you to gain knowledge of why financial institutions are heavily regulated, and why politicians fear that their failures could badly damage local or national economies. This will help you apply and integrate all of the course objectives for FIN507. This assignment has two milestones, with the final project due in Module 8.

Your project must include the following elements:

Your paper must meet the following requirements:

  • It must be 10-15 pages in length, not including the cover and references pages.
  • Support your answers with the readings from Modules 1-8 and at least eight scholarly journal articles (at least five of which are peer-reviewed). The CSU-Global Library is a great place to find these resources.

Refer to the Portfolio Project grading rubric in the Module 8 Folder for information on project requirements and grading details.

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Financial Management

Financial Management

Q. Using the CSU Online Library find one article that discusses financial statements, cash flow, or ratio analysis. Briefly summarize the key points of the article as it relates to this unit. You may use any of the databases, but Business Source Complete is a good starting place.

Textbook: Titman, S., Keown, A. J., & Martin, J. D. (2014). Financial management: Principles and applications (12th ed.). Upper Saddle River, NJ: Pearson.

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Discussion

Discussion

Read a discussion post below, and critique their selection by confirming what points they chose to select their topic and three things they may include to further defend their choice.

200 words

Discussion Post:

Leveraging emerging technologies is significant in career of accountants. The emerging reality is that accountants have to know about technologies — ones they use along with planning for ones they are about to use. Because:

1.Automation has become a trend, and if we don’t make changes, our traditional work will be replaced.

2.There is no denying the risk of using new technologies, but there are also many opportunities.

3.Cloud-based accounting and Software as a Service will still a big part of the changing dynamics for the accounting profession. Adoption of cloud-based solutions in the finance function continues to rise, according to surveys conducted for the 2017 Benchmarking the Accounting and Financial Function report. (Kevin Keystone) Most people don’t concerned about moving sensitive financial or customer data to the cloud. They also report finding cost savings, simplified information sharing and better team collaboration using the cloud.

4. Usage of blockchain technology is increasing, it brings more opportunity. It’s all about greater efficiency, visibility and lowering compliance costs without intermediaries.(Jon Baron)

5.Convergence of big data and artificial intelligence is a tendency. More and more futurists are talking about how the next evolution of big data will involve automation, machine learning and artificial intelligence.

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Homework Help

Homework Help

ALL WORK MUST BE ORIGINAL. NO PLAGIARISM AND ALSO USE IN TEXT CITATIONS AND RELIABLE SOURCES. WORK WILL BE CHECKED THOROUGHLY THROUGH PLAGIARISM CHECKER TURNITIN.

 

Please read the Harvard Case Study — Country Risk Analysis and Managing Crises: Tower Associates, by F. John Mathis, Paul Keat and John J. O’Connell. Please answer the following questions about the case study in a properly formatted APA paper in 7 pages and at least three additional journal articles:

  • Are there any hidden assumptions or price rigidities in the country or countries that might inhibit market force indicators from revealing the true economic health of the country, thereby either preventing government policy actions from correcting the problems or otherwise making them ineffective and counterproductive?
  • What is the current domestic and international economic situation of each country relative to the benchmark performance measures for that country?
  • Is the country currently following appropriate economic policies from a domestic as well as an international perspective? Provide supporting justification for your answer.
  • When the tools of country risk analysis are applied to the different countries being analyzed, which country is more likely to have what kind of crisis and why?
  • If you recommend that Tower Associates proceed with a transaction in one of the selected countries, which strategy would you suggest they follow: a foreign exchange hedging strategy or a country risk crisis management strategy? Explain and justify your recommendation.
  • What are some of the steps that Tower Associates can take to help mitigate and manage some of the risk involved if they proceed with the transaction, such as: foreign exchange risk, sovereign risks, liquidity risks, market risks, insolvency, and credit risks?
Book:

Saunders, A., & Cornett, M. M. (2018). Financial institutions management: A risk management approach.

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