Future of Banking Industry Essay

The fair value and historical cost are fundamental approaches of accounting. They bring up major changes in the financial status of the entities. The main objective of financial reporting is to provide information on assest and liabilities about the particular entity, which helps it to make useful financial decision. The fair value (FV) is a common among accounting and finance professionals. Today the majority of the investors and creditors prefer FV. On the other hand these policy and…

Paul. “Why did people vote for Donald Trump? Voters explain.” The Guardian, 2016. Doesn’t want the government to be keeping secrets from him. “Trump is a slimy scumbag, who wears it like a badge of honour. But Trump is exactly what you get, Hillary is a phantom and you can’t know what’s real about her. Fainting in New York saying it was heat when it was a mild day, then saying it was pneumonia finally. Lying straight-faced about her emails.” I don’t understand Paul’s logic. He literally said…

into the New World would forever change South America culturally, historically and economically. Today, due to the historical prevalence of their previous European colonizers, South America has begun to develop into a growing continent filled with industry, trade, tourism, and sadly war. Since its foundation, South America has never compared to the Western world economically. This has affected many people because of a rapidly expanding income inequality, which in turn…

Abstract: Developed by Dr. Lawrence Farwell, the brain fingerprinting scheme has become the most reliable and accurate lie detectors, surpassing the polygraph test. It is based on the theory which states that; while a criminal act is being committed there may or may not be any electronic devices present, however, the brain is undoubtedly always present and it takes part planning, executing and recording the crime. The Brain Fingerprinting design employs electroencephalography (EEG) in order to…

One of the things common to child rearing in my area of the world to get a child to finish all the food on their plate was the mention of: “the starving children in the world” as if that would guilt a kid into eating some God awful vegetable or dish that they found repulsive. I do not know any of my peers that did not hear about those unfortunate children. In hindsight, I am grateful that I was not one of those children, who at the time when they were mentioned were fictional, faceless,…

There are several aspects of the cognitive approach that can be analyzed in the context of the Bay of Pigs intervention. I will first highlight some of the events leading up to the decision to intervene, then I will examine the particular aspects of the debates that led to the failure of the invasion and the capture of the U.S. forces. In the 1950s, Cuba was a popular tourist and business destination for Americans. The U.S. had a strong trade relationship with Cuba, especially regarding the…

Overtime in the U.S., we’ve had two major droughts that have put our country in jeopardy. These events are very relevant and important which are the Great Recession and the Great Depression. Although these elements are different from each other, they’re also similar due to the violence it has developed, the increase of the unemployment rate and so on. But the question is, how are these events similar and different? The Great Depression started because of a huge crash in the stock market within…

The 2008 Recession was an influential economic downturn that had overreaching consequences. Chapters 7-17 of Peter Schiff’s How an Economy Grows and Why it Crashes provided a more objective view of a recession. The events of HBO’s Too Big to Fail was more focused on the government’s take on the recession and the measures it took to find a solution. The content provided by the book and movie regarding the housing bubble concurred, but the differed in the assessment of the government’s solutions…

played a role in the final decision as the greatest good for the greatest number emerged from the decision. The decision halted executions as punishment for less than capital crimes which prevents the death penalty from being improperly applied in future cases. Given that the death penalty is permanent punishment, it was crucial to determine its role in…

Gold margins are standardized because of adornment+ investment factor. However, quest for greater margins is driving diversification from gold jewellery products. Demand for gold jewellery remains very strong because of cultural traditions, Gold jewellery sales - for weddings, in particular - will continue to generate volume growth for jewellery retailers. Platinum and diamond jewellery sales will generate margin growth. The shift to more profitable diamond jewellery has been smooth because…