| Papers [265-276] of 775 :: [Page 23 of 65] | | Go to page : <— 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 —> | |
|
|
The Enron Debacle and the U.S.Economy, 2002.
This paper discusses that although when Enron collapsed many feared it would plunge the economy into a tailspin; the debacle really had both bad and good effects on the economy.
1,445 words (approx. 5.8 pages), 6 sources, MLA, $ 47.95
»
Click here to show/hide summary
Abstract
This paper explains that the crisis at Enron has had a negative impact on the United States economy but not the total impact that many believed it would have. The author states that, when Enron began to collapse, it started an avalanche or economic panic and activity nationwide, which the U.S. managed to level out; but the lack of confidence remained heavy for more than a year afterwards. The paper concludes that, from the Enron debacles, a blue print for a better check and balance system was developed and now provides a governmental watchdog.
From the Paper
"The key to Enron?s undoing was about stock mistakes. ?The company committed to put $1.2 billion of Enron stock into the Raptors to make them more creditworthy. It did not promise a fixed number of shares -- it promised $1.2 billion worth, regardless of the share price, a seriously dumb move for a company that talks about hedging risks. In return for that commitment, the Raptors gave Enron $1.2 billion of promissory notes. Enron put them on its balance sheet as an asset. When a company adds to its assets and nothing else changes, its net worth rises. Hence, Enron marked up its net worth by $1.2 billion. But, as the stock prices of Rhythms, NewPower and Enron all sank, Enron faced having to fork over a ruinous number of new shares." This was the beginning of the end and the ripple affect on the stock market caused a negative impact on the nation?s economy."
| |
|
E-Commerce, 2002.
Examines the advantages and disadvantages of electronic commerce in the accounting world.
872 words (approx. 3.5 pages), 5 sources, MLA, $ 31.95
»
Click here to show/hide summary
Abstract
As information technology (IT) rapidly increases and globalization becomes the wave of the future, the accounting profession is undergoing major transformations. The paper shows that there are many advantages to this increase of information technology in the accounting profession such as the ability to provide clients with enhanced web-based products and services. Disadvantages of the system examined in the paper include less personalized services and its threat to smaller businesses.
From the Paper
"The increase in IT in the accounting industry also has its disadvantages. Accountants often become so wrapped up in the automated world of IT that they fail to realize that there is a great need in today?s accounting environment for a personalized and client specific oriented service. IT often robs the client of this experience, which may cause the client to take his or her business elsewhere.
In addition, as IT promotes globalization, smaller businesses are in danger of competition from larger ones. As globalization increases, the limited audit assignments are going to large accounting and auditing firms, as these businesses are in a better position to service clients that are located in many areas of the world."
| |
|
A Costing System for Software Project, 2002.
Discusses a costing system proposed for a computer hardware manufacturer who is also going to develop computer software to be sold along with the hardware.
2,854 words (approx. 11.4 pages), 7 sources, MLA, $ 84.95
»
Click here to show/hide summary
Abstract
This paper first recommends a costing system and then states how variances from budget would be identified. It further goes to state how the budgets for the cost centers should be set. Then it mentions some possible sources of funds for financing the project and, in conclusion, mentions how the financial ratios of the company will be affected.
Method of costing
How variances can be identified
Method of budgeting
Sources of finance
Effect on ratios
Comparison with system in operation
From the Paper
"There are many methods of costing that could be applied to this scenario. The current system in place is absorption costing. This is a very traditional approach, in which it is assumed that the total overhead expenses of the company are related in some way to the number of labour hours or machine hours used. In this case, all the overheads are allocated on one basis. If labour hours are used, then it the total overhead amount is divided by the total labour hours expected, and then the amount of overhead is allocated to each product based on the total amount of labour hours it uses."
| |
|
Business Ethics: An Article Review, 2002.
Analytical essay that summarizes and reviews a web-based article on business ethics in the field of finance or accounting.
956 words (approx. 3.8 pages), 0 sources, MLA, $ 33.95
»
Click here to show/hide summary
Abstract
A review of ?Ethics in Accounting? by Ireen Baset and how it addresses the contemporary ethical issues related to the accounting and financial decision-making process. Examines how the article treats the challenge, faced by employers, managers, administrators and employees alike, of adequately incorporating ethical values into the daily work schedule.
From the Paper
"On the same account, a real estate company where the entire corporate dealings depend upon the efficiency and the sense of morality of the accountants must make relentless efforts to effectively communicate corporate ethics. This can be best done through the planning and implementation as well as the continuous maintenance of a sound and a pragmatic internal ethical program, that is putting down ethical rules in black and white for the organizational staff, employees and the first-line supervisors."
| |
|
Corporate Fraud, 2002.
A brief account of recent financial scandals and their impact on businesses in America.
1,068 words (approx. 4.3 pages), 6 sources, MLA, $ 37.95
»
Click here to show/hide summary
Abstract
This paper reviews the recent events in corporate America which have created a hype about fraudulent activities in businesses. The paper offers recent examples of such activity including the Enron scandal, America's biggest corporate collapse. The paper includes a background on the developments in legislature and politics put in place to curb the rising levels of unethical practice. The writer concludes that while to date, unethical business has been passed over, today there are means in place for ensuring businesses are accountable to the American public.
From the Paper
"The boom of the 90's has changed the business environment in ways that will require a reshaping of corporate leadership. Financial scandals and out-of-hand executive compensation demonstrate not only a lapse of ethics and unprecedented greed, but also a disdain for the rule of law. Thus, the most pressing leadership issue for today is how to ensure that corporate officers behave in an ethical manner. The Sarbanes-Oxley Act is a legislative effort designed to promote ethics by holding executives accountable for financial reports."
| |
|
The Changing Role of Organizational Accounting, 2002.
An examination of the changing role of the accountant and his importance in a rapidly changing business environment.
1,445 words (approx. 5.8 pages), 6 sources, MLA, $ 47.95
»
Click here to show/hide summary
Abstract
This paper discusses how the accountant in a modern organization must be able to perform many more functions than in the past. Managerial accountants are important in assuring that the organization is on target for meeting strategic goals. It looks at how it is no longer enough to have a basic understanding of receivables, payables and cash flow and how accountants now play an active role in management and decision making. They are responsible for goal setting, forecasting and many other activities that were previously in the realm of management and must consider corporate culture and be able to adapt their techniques to meet specific company needs.
From the Paper
"Corporate culture and accounting used to be two terms that should never occur in the same sentence. Accounting was a separate entity from other systems in the organization. Now accounting is an integral part of every phase of the business including legal, political and social systems within an organization (Shraddha and Sidney, 1997). As the needs of an organization change, so do the accounting system change to meet these changing needs. A modern accountant must be more flexible in practice than in the past. Modern accounting practices must be able to adapt a trait that was not synonymous with accounting in the past. Accounting used to adhere to a rigid set of rules and procedures, but now they must remain flexible and willing to change on short notice. "
| |
|
The Effect of Short Term Interest Rates on Unemployment, 2002.
The paper looks at the way in which the rise of interest rates will effect the already serious issue of unemployment in the United States.
611 words (approx. 2.4 pages), 3 sources, MLA, $ 21.95
»
Click here to show/hide summary
Abstract
A large increase in rates could deter new investment and signal a slowdown for the booming economy; nevertheless, the government may persist in raising the rates. This paper looks closely at the various effects this rise will have on the market, employment, and investment.
From the Paper
"To combat inflation, the Fed adjusts the Federal Funds rate and the discount rates to tighten the money supply. This is the rate of interest the Fed charges major financial institutions. When the Fed increases the prime rate, this signals a rise in other interest rates. Long-term interest rates are affected more by the expectations of investors; if they believe inflation will rise in the future, they will demand a higher return on their fixed income investments, causing long-term interest rates to rise. Inflation triggers further rises in interest rates because lenders want to be compensated for inflation when they lend money. The greater the rate of inflation, the faster real purchasing power decreases."
| |
|
Corporate Taxation, 2002.
This paper proposes that the system used in the United States to tax business income no longer meets the needs of the American economy, as it discourages investment and encourages inefficiency.
1,414 words (approx. 5.7 pages), 7 sources, MLA, $ 47.95
»
Click here to show/hide summary
Abstract
The writer traces the defects of the current corporate tax system, outlining areas in which the system of taxation fails both businesses and individuals. The paper finally proposes a system of integration that would allow the system to run more efficiently.
From the Paper
"Through the 1960s, 1970s and 1980s, the corporate tax was amended repeatedly to reflect national economic sentiment of the time, to stimulate productivity and growth or advance social purposes, or provide broad economic development. President Kennedy?s Tax Act of 1962 and President Regan?s Economic Recovery Tax Act of 1981 can be seen as growth-oriented, while the Tax Reform Acts of 1976 and 1986 were ?fairness?-oriented. The Bush Administration attempted to convince Congress to substantially lower capital gains rate to stimulate investment. (Hufbauer and van Rooij, 1994)."
| |
|
Accounting Career Profiles: CPA and CMA, 2002.
Description and discussion of the CPA and CMA career designations for accountants.
975 words (approx. 3.9 pages), 6 sources, MLA, $ 34.95
»
Click here to show/hide summary
Abstract
Accountants and auditors prepare, analyze and verify financial reports crucial to all business and government organizations. Two of the major accounting specialties are public accounting and managerial accounting.
This paper discusses the differences between chartered public accountants (CPA) and chartered managerial accountants (CMA) including the clients they serve and the examinations they have to pass before becoming qualified. The paper also examines the differences in wage earnings and career opportunities.
From the Paper
"The professional designation of Certified Management Accountant (CMA) is achieved through the CMA Professional Program, a demanding training process in emerging business practices, which fosters management and leadership abilities, interpersonal and communication skills. CMAs are employed at all corporate levels, mostly in middle, senior and executive management positions which include but are not limited to: Chief Financial Officers (CFO), Controllers, treasurer, director of internal audit, chief accountant or cost accountant, director of taxation, managers or supervisors. Other CMAs are employed as accountants, auditors, analysts and consultants, with careers for management accounting professionals in all sectors of business and industry. (Rosenberg, pp.55-69.)"
| |
|
Aid to Dependent Corporations, 2002.
This paper is an essay which discusses the heavy U.S. revenue losses because of corporate subsidies and other special rebates.
875 words (approx. 3.5 pages), 1 source, $ 31.95
»
Click here to show/hide summary
Abstract
This paper discusses that business are taking undue advantage of favorable federal revenue policies. The paper points out that businesses are using government money to develop products that they then turn around and sell to the public at very high prices. The author feels that these advantages must be eliminated to support the common welfare of the country.
From the Paper
"One by one our leading business corporations are reeling under accounting scams. I need not mention how well such a giant corporation like ?Enron? managed to disguise its financial information from the government and the stockholders. In the prevailing scenario I agree with the author that the government needs to exercise care before granting corporate privileges. Businesses are exploiting the loopholes in tax laws by clever manipulations. One such debatable issue is the ?Foreign tax credit? scheme. The government of United States has lost billions of dollars from multinational corporations in the name of deductions for taxes paid to other nations. "
| |
|
Forensic Accounting, 2002.
An examination of the skills and requirements necessary to be a Forensic Accountant.
1,860 words (approx. 7.4 pages), 8 sources, MLA, $ 59.95
»
Click here to show/hide summary
Abstract
This paper provides a detailed look at the profession of Forensic accounting. The writer outlines in this paper why it would appeal to some people and what specific skills are necessary to excel in this career. The author argues that the popularity of this field has increased lately in light of the financial scandals and frauds that have been emerging in large companies. The paper highlights how forensic accounting developed and what the main differences are between them and regular accountants.
From the Paper
""What kind of job is that?" I wondered to myself, as I sat in front of my Compaq Presario computer at home, researching possible career paths that have yet to be taken. I was logged onto the website echoices.com, when I noticed the job title "Forensic Accountant" on top of the list of occupations that fit my interests. I had taken Accounting classes in high school, received good grades in them and enjoyed the tasks that were involved with the class work".
| |
|
Options, 2002.
A comprehensive analysis of the history of stock options, including an overview of decimalization.
3,270 words (approx. 13.1 pages), 12 sources, MLA, $ 93.95
»
Click here to show/hide summary
Abstract
This paper discusses the history of trading options on the stock markets. The different types of options are outlined and explained. A detailed introduction of the decimalization system is presented, including a look at the impact it has had on the options market in general. The paper examines the variety of reasons why decimal pricing is beneficial for individual investors. The paper claims that options have remained popular throughout history because they tend to provide a bigger return on a smaller investment.
Introduction
About Options
Background
Put and Call Broker?s Association
Before Decimalization
Impact of Decimalization
The Problem with Fractions
Decimalization
Changing the Option Market
The Basics of the History of Options
Employee Stock Options
Conclusion
Works Cited
From the Paper
"An option provides investors with the right to buy or sell a particular contract at a specific price within a certain period of time (Ruffy, 2002). An option is a legally binding contract that is traded on one of the commodity exchanges. If the option is a call option, the buyer or holder has the right to buy the number of shares stated in the contract at the strike price. If the option is a put option, the buyer of the option has the right to sell the number of shares stated in the contract at the strike price. The holder or the buyer does necessarily not have to exercise this right. Therefore, on the expiration date of the contract, the option may be exercised at the discretion of the buyer. On the other hand, in a futures contract, the two parties to the contract commit to a deal at a future date. To have this privilege of doing the transaction at a future only if it is profitable, the buyer of options has to issue a premium to the seller of options."
|
|
|
